Loan and APR Information for programs on Today’s Conforming Rates As of August 18,2008
| 30-Year Fixed | 15-Year Fixed | 5-Year Fixed to 1-Year ARM | |
| Interest Rate | 6.125% | 5.750% | 5.875% |
| Total Points | 2.500% | 2.000% | .875% |
| APR | 6.396% | 6.115% | 6.115% |
| Payment Term | 30 YEARS | 15 YEARS | 5 YEARS |
| Estimated Additional Prepaid Finance Charges | $1,349.00 | $1,349.00 | $1,349.00 |
| Loan Amount | $417,000.00 | $417,000.00 | $417,000.00 |
| Monthly Principal & Interest Payment | $2,533.74 | $3,462.81 | $2,466.71 |
| Period to First Interest Rate Adjustment | N/A | N/A | 5 YEARS |
| Maximum Lifetime Caps – Over Original Rate | N/A | N/A | 5.000% |
| Index as of August 15, 2008 | N/A | N/A | 3.136% |
| Margin | N/A | N/A | 2.250% |
| Fully-Indexed Rate (Index plus margin) * | N/A | N/A | 5.500% |
| Payment at Fully-Indexed Rate | N/A | N/A | $2,379.17 |
| Maximum Interest Rate | N/A | N/A | 10.875% |
| Payment at Maximum Interest Rate | N/A | N/A | $3,762.32 |
| *rounded to nearest 1/8 percent. | |||
Adjustable Rate Mortgages (ARM) – the new interest rate at adjustment will be the average interbank offered rates for the six month U.S. Dollar denominated deposits in the Loan Market ("LIBOR") as published in the Wall Street Journal, plus a margin of 2.750% subject to annual and lifetime adjustments caps.
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