|
Interest rates and annual percentage rate are current as of May 5, 2008.
|
| TERM |
POINTS |
INTEREST
RATE |
*APR |
MONTHLY
PAYMENT
PER $1,000 |
| 30 Year/360 Payments |
2 |
5.750% |
5.970% |
$5.84 |
| 30 Year/360 Payments |
1 |
6.000% |
6.128% |
$6.00 |
| 30 Year/360 Payments |
0 |
6.250% |
6.284% |
$6.16 |
| 20 Year/240 Payments |
2 |
5.625% |
5.918% |
$6.95 |
| 20 Year/240 Payments |
1 |
5.875% |
6.044% |
$7.09 |
| 20 Year/240 Payments |
0 |
6.125% |
6.169% |
$7.24 |
| 15 Year/180 Payments |
2 |
5.375% |
5.742% |
$8.10 |
| 15 Year/180 Payments |
1 |
5.625% |
5.836% |
$8.24 |
| 15 Year/180 Payments |
0 |
5.875% |
5.930% |
$8.37 |
| Mortgage Loan Limits:one unit $417,000; two units $533,850;three units $645,300; four units $801,950 |
Back to Top |
|
| TERM |
POINTS |
INTEREST
RATE |
*APR |
MONTHLY
PAYMENT
PER $1,000 |
| 30 Year/360 Payments |
1 |
6.750% |
6.857% |
$6.49 |
| 30 Year/360 Payments |
0 |
7.000% |
7.008% |
$6.65 |
| 15 Year/180 Payments |
1 |
6.375% |
6.548% |
$8.64 |
| 15 Year/180 Payments |
0 |
6.625% |
6.639% |
$8.78 |
| Mortgage Loan Limits: $417,001 to $650,000 |
Back to Top |
|
* Conventional Fixed Rate Loans
* Adjustable Rate Loans
* Construction Loans
Please contact us for rates and terms |
Back to Top |
|
| PROGRAM |
POINTS |
INTEREST
RATE |
*APR |
MONTHLY
PAYMENT
PER $1,000 |
| Maine State Housing Standard Program |
|
|
|
|
| 30 Year/360 Payments |
2 (seller) |
5.100% |
5.760% |
$5.43 |
| 30 Year/360 Payments |
2 (buyer) |
5.100% |
5.955% |
$5.43 |
| 30 Year/360 Payments |
0 |
5.400% |
6.066% |
$5.62 |
| 40 Year/480 Payments |
2 (seller) |
5.250% |
5.851% |
$4.99 |
| 40 Year/480 Payments |
2 (buyer) |
5.250% |
6.017% |
$4.99 |
| 40 Year/480 Payments |
0 |
5.550% |
6.158% |
$5.19 |
| |
| Maine State Housing Maine Assist Program |
|
|
|
|
| 30 Year/360 Payments |
0 |
5.700% |
6.371% |
$5.80 |
| 40 Year/480 Payments |
0 |
5.850% |
6.466% |
$5.40 |
| Maine Assist allows 3% of loan amount to cover closing costs, down payments and pre-paids. |
| |
| Veteran Administration (VA) and Rural Housing Service (RHS) |
|
|
|
|
| 30 Year/360 Payments |
1 |
6.625% |
7.140% |
$6.53 |
| 30 Year/360 Payments |
0 |
6.875% |
7.227% |
$6.70 |
| 15 Year/180 Payments |
1 |
6.375% |
6.886% |
$8.82 |
| 15 Year/180 Payments |
0 |
6.625% |
6.974% |
$8.96 |
| |
| Federal Housing Administration (FHA) |
|
|
|
|
| 30 Year/360 Payments |
1 |
6.875% |
7.515% |
$6.68 |
| 15 Year/180 Payments |
1 |
6.625% |
7.341% |
$8.91 |
| All FHA loans have 1% origination fee. |
| |
| The Annual Percentage Rate (APR) disclosed above assumes $100,000 ($417,000 for Jumbo loans) financed, 20% down payment and a $354.50 processing fee. |
| |
| All loans are subject to credit approval by Rockland Savings and Loan Association. |
| |
| *APR - Annual Percentage Rate |
Back to Top
|
