Mortgage:
Terms | Down payment equity | Rate** | Points | APR* |
---|---|---|---|---|
15 Year | 5% | 5.750% | 0 | 5.925% |
20 Year | 5% | 6.000% | 0 | 6.143% |
30 Year | 5% | 6.250% | 0 | 6.361% |
* Annual Percentage Rate
** Best rate available at cfsbank.
Above APR’s assume a $100,000 loan amount for term stated with maximum LTV of 85%. Monthly payment example: 360 monthly payments of $6.16 per $1,000 borrowed at 6.250% Interest Rate with a corresponding 6.361% APR.
General Guidelines for Eligibility:
Terms | Down payment equity | Rate** | Points | APR* |
---|---|---|---|---|
30 Years | 5% | 6.000% | 0 | 6.107% |
* Annual Percentage Rate
** Best rate available at cfsbank.
Above APR’s assume a $100,000 loan amount for term stated with maximum LTV of 85%. Monthly payment example: 360 monthly payments of $6.00 per $1,000 borrowed at 6.00% interest rate with a corresponding 6.107% APR.