Rate Assumptions and APR Information

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Today's purchase rates are based on the purchase of a single-family, primary residence, a credit score of 780, and assumes the loan will have an escrow account.

J Loans - Amounts that exceed conforming loan limits.
7/6-Month ARM Jumbo
IR 2.625%
AP 2.701%
$750,000.00
25.0%
30 yrs
7 yrs
5%
$3,012.38
FAI
(months 85-90)
2.750%
FAP
(months 85-90; excludes taxes and hazard insurance; total payment will be higher)
$3,052.00
FII
(months 91-360)
2.750%
FIP
(months 91-360; excludes taxes and hazard insurance; total payment will be higher)
$3,052.00
$6,997.00
n/a
Rates, terms, and fees as of 05/13/2021 06:03 PM Eastern Daylight Time and subject to change without notice.
The following table illustrates the minimum and maximum payments over the life of this loan example.

Projected Payments

Payment Calculation Years 1-7 Year 8 Years 9-30
Principal & Interest $3,012.38
$3,052 min.
$4,026 max.
$3,052 min.
$4,759 max.
Mortgage Insurance + 0 + 0 + 0
Estimated Total Monthly Payment $3,012.38 $3,052-$4,026 $3,052-$4,759
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