| | ^Interest rates shown above are as of 11/13/2019 and are subject to change without notice. This is not a credit decision or a commitment to lend. Not all loan programs are available in all states for all loan amounts. The rates shown above are for a purchase of an existing single family residence to be used as a primary residence with a loan amount of $150,000 located in Hennepin County and loan-to-value of 80%. The rate is based on a 45 day rate lock with a 740 credit score and an escrow account is required. Your loan’s interest rate will depend on various factors including: loan product, loan size, credit profile, property value, geographic location, occupancy, and other factors. APR = Annual Percentage Rate.
• Payment example: Assuming a 15 year mortgage with a balance of $150,000 at an interest rate of 3.375% the monthly payment would be $1063.14.
• Payment example: Assuming a 30 year mortgage with a balance of $150,000 at an interest rate of 4.000% the monthly payment would be $716.12.
• If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums. |
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