NEW OWNER OCCUPIED SINGLE FAMILY DWELLING:

30 Yr. Fixed:         6.500%  6.795% APR

20 Yr. Fixed:         6.250%  6.635% APR

15 Yr. Fixed:         6.000%  6.479% APR

RESIDENTIAL REAL ESTATE:

1 Year ARM:          4.250%  4.508% APR

3 Year ARM:         5.250%  5.524% APR

5 Year ARM:         5.875%  6.109% APR 

(Based on US Treasury Index)

The Interest rates on these loans may increase during the life of the loan.

HOME EQUITY:

15 Yr. Fixed:         6.875%  7.118% APR

HOME EQUITY (ARM):

1 Year ARM:          6.125%  6.256% APR

3 Year ARM:         6.500%  6.740% APR

5 Year ARM:         6.625%  6.866% APR 

(Based on US Treasury Index)

The Interest rates on these loans may increase during the life of the loan.

Actual rates may differ.

Friday, March 12, 2010

           

Fixed Rate vs. ARM Calculator

This tool allows you to compare the monthly payment for Fixed Rate Mortgage and an Adjustable Rate Mortgage (ARM).

Basic Loan Information ARM Variables
Loan Amount $ Months Before First Adjustment  Months
Term    Years Months Between Adjustments  Months
Fixed Rate Variable Expected Adjustment Rate  %
Interest Rate    % Initial Interest Rate  %
      Maximum Interest Rate  %
 
 

CONTACTS:

Georgia Cable

Real Estate Lending Officer

936-334-3159

gcable@flnb.com

 

Diane Huddleston

Real Estate Lending Officer

936-340-4742

dhuddleston@flnb.com

 

W. Earle Connevey

Senior Lending Officer

936-334-3128

econnevey@flnb.com