**Rates Last Modified: January 29, 2020**

Loan details for Fixed Rate Mortgages

Term | Rate | APR | Points | below is for $200,000 Loan Amount |
---|---|---|---|---|

30-Year Fixed Rate | 3.500% | 3.558% | 0.00 | |

20-Year Fixed Rate | 3.250% | 3.330% | 0.00 | |

15-Year Fixed Rate | 3.000% | 3.102% | 0.00 |

## Loan details for 5/1 Adjustable-Rate Mortgage (ARM)*

Number of payments | Estimate interest rate | below is for $200,000 Loan Amount |
---|---|---|

60 | 3.125% | |

299 | 4.375% | |

1 | 4.375% |

**Maximum rate and payment adjustments**

After the initial fixed-rate period based on the initial interest rate and interest rate caps disclosed above, the maximum first adjusted rate for this loan will never be more than 5.125%, with a maximum first payment of $1,054.85. The maximum lifetime rate will never be more than 8.125% with an estimated maximum monthly payment of $1,376.68.

Your results are based on the purchase of a home in ZIP code 19317 with an estimated purchase price of $250,000.00 and an estimated down payment of $50,000.00.

Current index rate: 1 year treasury constant maturity | 1.55% |

Margin | 2.75% |

Rate adjustment frequency | 12 months |

First adjusted interest rate cap | 2.00% |

Subsequent adjusted interest rate cap | 2.00% |

Lifetime rate cap | 5.00% |

## Loan details for 5/5 Adjustable-Rate Mortgage (ARM)

Number of payments | Estimate interest rate | below is for $200,000 Loan Amount |
---|---|---|

60 | 3.250% | |

299 | 4.375% | |

1 | 4.375% |

**Maximum rate and payment adjustments**

After the initial fixed-rate period based on the initial interest rate and interest rate caps disclosed above, the maximum first adjusted rate for this loan will never be more than 5.250%, with a maximum first payment of $1,070.34. The maximum lifetime rate will never be more than 8.250% with an estimated maximum monthly payment of $1,334.20.

Current index rate: 5 year treasury constant maturity | 1.51% |

Margin | 2.75% |

Rate adjustment frequency | 60 months |

First adjusted interest rate cap | 2.00% |

Subsequent adjusted interest rate cap | 2.00% |

Lifetime rate cap | 5.00% |

## Loan details for 7/1 Adjustable-Rate Mortgage (ARM)

Number of payments | Estimate interest rate | below is for $200,000 Loan Amount |
---|---|---|

84 | 3.250% | |

275 | 4.375% | |

1 | 4.375% |

**Maximum rate and payment adjustments**

After the initial fixed-rate period based on the initial interest rate and interest rate caps disclosed above, the maximum first adjusted rate for this loan will never be more than 8.250%, with a maximum first payment of $1,368.70 The maximum lifetime rate will never be more than 8.250% with an estimated maximum monthly payment of $1,368.88.

Current index rate: 1 year treasury constant maturity | 1.55% |

Margin | 2.75% |

Rate adjustment frequency | 84 months |

First adjusted interest rate cap | 5.00% |

Subsequent adjusted interest rate cap | 2.00% |

Lifetime rate cap | 5.00% |