NEW OWNER OCCUPIED SINGLE FAMILY DWELLING:

30 Yr. Fixed:         6.500%  6.745% APR

20 Yr. Fixed:         6.250%  6.570% APR

15 Yr. Fixed:         6.000%  6.398% APR

RESIDENTIAL REAL ESTATE:

1 Year ARM:          4.000%  4.211% APR

3 Year ARM:         4.500%  4.717% APR

5 Year ARM:         5.000%  5.845% 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:          5.375%  5.608% APR

3 Year ARM:         5.750%  6.054% APR

5 Year ARM:         5.875%  6.111% 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, August 20, 2010

           

Rent vs. Own Calculator

To estimate the benefits of owning a home as opposed to renting, fill in the form below and click the Calculate button.

Rent Information:
Monthly Rent $
Expected Annual Rent Increase     %
Purchase Information:  
Purchase Price $
Down Payment %     %
Interest Rate     %
Term (years)      years
Closing Costs (as % of loan amount)     %
Home Ownership Information:
Annual Appreciation on Home (%)     %
How Long Before Selling?      years
Other Financial Information:
Annual Interest Rate Currently Earned on Down Payment     %
Income Tax Rate     %


 

CONTACTS:

Georgia Cable

Real Estate Lending Officer

936-334-3159

gcable@flnb.com

Mark Herndon

Sr. Vice President / Real Estate Lending Officer

936-334-3151

mherndon@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