| TERM | RATE | POINTS | ANNUAL PERCENTAGE RATE (APR)(E) | MINIMUM DOWN PAYMENT | MONTHLY
PAYMENT (E) |
FIXED RATES
Fixed Rate to $443,750 - Dutchess County
Fixed Rate to $729,750 - Westchester & Putnam County
Call for rates and details on fixed rate loans above these amounts
|
| 15 years | 3.625% | 0 | 3.6995% | 5% | $721.04 |
| 20 years | 4.250% | 0 | 4.3093% | 5% | $629.23 |
| 30 years | 4.375% | 0 | 4.4183% | 5% | $499.29 |
ADJUSTABLE RATES
10-30 years - APR may vary -
No Private Mortgage Insurance (PMI) at or below 80% Loan to Value (LTV)
Loan amounts $600,000 - $1,000,000 call for rate quote
|
| Adjusts every 3 years | 4.250% | 0 | 3.7124% | 5% | $491.94 |
| Adjusts every 5 years | 4.500% | 0 | 4.3849% | 5% | $506.69 |
| Rate stays the same for 7 years, then adjusts every 3 years | 4.750% | 0 | 4.1426% | 5% | $521.65 |
15/1 ARM - rate stays the same for the initial 15 years and then adjusts every year thereafter | 5.125% | 0 | 4.8239% | 5% | $544.49 |
SONYMA
Additional benefits apply under the SONYMA Homes for Veterans program. Call for details.
|
| Achieving the Dream | 4.00% | 0 | 4.0423% | 3% | $477.42 |
| Low Interest Rates | 4.625% | 0 | 4.6689% | 3% | $514.14 |