Your actual rate, terms and costs could be different get an official Loan Estimate before choosing a loan. The information provided on this page is for comparative purposes only. The 7/7/7 ARM loan payment can adjust after the 84th payment and every seven years thereafter with a total loan term of 21 years. Contact a mortgage lender for our current rate and margin.Ī 5/1 ARM loan payment can adjust after the 60th payment and every year thereafter for a total loan term of 30 years. A 7/1 ARM loan payment can adjust after the 84th payment and every year thereafter for a total loan term of 30 years. The interest rate is calculated by adding the Index (Weekly average yield on US Treasury adjusted to a constant maturity of one year) plus the margin. The interest rate and subsequently your payment may change over the life of the loan. The actual payment obligation may be higher.Īdjustable Rate Mortgages (ARM) loan rates are variable.

Monthly payment does not include real estate taxes and homeowner’s insurance premium.

The actual payment obligation may be higher.Ĭonstruction Loan: APRs are based on a loan amount of $300,000 for 12 months, interest payable monthly on advances made and a 20% down payment, 1-4 unit owner occupied with an established State Bank of Cross Plains banking relationship.

*APR = Annual Percentage Rate APR will vary based on final loan amount and finance charges.Ĭonventional Loans: APRs are based on Purchase Transactions, on a loan amount of $165,000 with 40% down payment, 1 unit owner occupied. All loans are subject to credit approval. Home Loan Rates are effective, all rates, points and programs are subject to change at any time.

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