CURRENT MORTGAGE RATES
It's better because:
- Old Town Bank is Haywood County's Bank
- Loan decisions are made by people who live here and appreciate YOU, the market, and the community.
| Loan Type |
Interest Rate |
APR* |
As of |
| 15-Year Fixed |
2.875% |
3.062% |
05/14/2013 |
| 30-Year Fixed |
3.625% |
3.731% |
05/14/2013 |
| Loan Type |
Interest Rate |
APR** |
As of |
| 3 / 1 ARM |
3.400% |
3.877% |
05/14/2013 |
| 5 / 1 ARM |
4.010% |
4.317% |
05/14/2013 |
| 3 / 1 Jumbo ARM |
4.150% |
4.246% |
05/14/2013 |
| 5 / 1 Jumbo ARM |
4.760% |
4.859% |
05/14/2013 |
| 7 / 1 Jumbo ARM |
5.560% |
5.664% |
05/14/2013 |
The following APR calculations are only examples. We will be happy to provide you with a specific APR for
your transaction upon your request.
5/1 ARM 30 Year Example**
The following example assumes a sales price of $250,000, a loan amount of $200,000, a down payment of 20% ($50,000) and a 1% origination fee. The example assumes an initial interest rate of 2.500%, a fully index-based rate of 2.500% and 0.250% in discount
points. This is only an example.
Annual Percentage Rate: 2.440%
Principal & Interest Payments: 60 months @ $790.24; 299 months @ $768.25 and 1 month @ $766.71
7/1 ARM 30 Year Example**
The following example assumes a sales price of $250,000, a loan amount of $200,000, a down payment of 20% ($50,000) and a 1% origination fee. The example assumes an initial interest rate of 2.875%, a fully index-based rate of 2.875% and 0.000% in discount
points. This is only an example.
Annual Percentage Rate: 2.593%
Principal & Interest Payments: 84 months @ $816.48; 275 months @ $775.01 and 1 month @ $773.59
100% financing available. FHA, Construction,Commercial and business financing available.
Please have a loan officer contact me.
Note: Please do not send sensitive information, such as account numbers or social security numbers, via e-mail.
*Rates are subject to change without notice.
**Adjustable rate mortgages have interest rates which are subject to increase after consummation.
Loan pricing can only be locked through a home mortgage consultant.
Other restrictions may apply.
Important Disclosures
About These Rates
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