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15 Year Fixed Rate Disclosure & Example

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $185,000, 780 credit score, 36% DTI and a 45 day rate lock. Story County property located in Ames, Iowa. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required.

At a 3.000% interest rate, the APR for this loan type is 3.521%. The monthly payment schedule would be:

  • 180 payments of $1,277.58 at an interest rate of 3.000%
  • If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
  • All rates, terms and conditions are subject to change without notice.

30 Year Fixed Rate Disclosure & Example

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $185,000, 780 credit score, 36% DTI and a 45 day rate lock. Story County property located in Ames, Iowa. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required.

At a 3.750% interest rate, the APR for this loan type is 4.185%. The monthly payment schedule would be:

  • 360 payments of $856.76 at an interest rate of 3.75%
  • If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
  • All rates, terms and conditions are subject to change without notice.
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