Mortgage:
Terms | Down payment equity | Rate** | Points | APR* |
---|---|---|---|---|
15 Year | 5% | 2.750% | 0 | 2.909% |
20 Year | 5% | 3.000% | 0 | 3.148% |
30 Year | 5% | 3.125% | 0 | 3.3.259% |
* 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 $4.28 per $1,000 borrowed at 3.125% Interest Rate with a corresponding 3.259% APR.
General Guidelines for Eligibility:
Terms | Down payment equity | Rate** | Points | APR* |
---|---|---|---|---|
30 Years | 5% | 2.875% | 0 | 3.008% |
* 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 $4.15per $1,000 borrowed at 2.875% interest rate with a corresponding 3.008% APR.