*APR = Annual Percentage Rate
On a 30 year mortgage, with 0 points, for $165,000.00 with an interest rate of 4.125% (4.140% APR) and a minimum down payment of 20% ($206,250 purchase price with $41,250 down payment), the principal and interest payment would be $799.68 per month. (An application fee of $395.00 is included when calculating the APR.)
- Minimum loan amount: $25,000
- Maximum conforming loan amount: $417,000
- For Jumbo loans (over $417,000), add 0.50% to conventional rates
- Rates subject to change without notice
- All loans subject to secondary market underwriting requirements
Contact Solvay Bank Mortgage Department for further details at 315-484-2205.
An additional 1/8% (.125%) rate discount may be possible for 10, 15, and 20 year Mortgages with Solvay Bank Direct Rewards Checking Accounts.
An additional 1/4% (.25%) rate discount may be possible for Home Equity Loans and Home Equity Lines of Credit with Solvay Bank Direct Rewards Checking Accounts.
*** Hurry Promotional Special 7 Year Mortgage (for a limited time).***
See Mortgage consultant for more details .
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