Reliable Equivest Mortgage offers a 5.99% (6.4977% APR) interest rate for a 15-year fixed-rate mortgage. The APR incorporates 2.00 points ($4,000.00) payable when closing. A mortgage of $200,000 would require a monthly payment of $1,686.64. This payment does not include real estate taxes or insurance premiums. Hence, the actual payment will be higher. Given an assumed loan-to-value ratio (LTV) of 74.91%, these rates are subject to change. The amount paid is linked to specific circumstances and the current rate. The data is accurate as of September 22, 2022, for eligible participants in the LMB Provider Network. 30-Year Fixed Rate Mortgage: 6.50% (6.75% APR) 2.00 points ($4,000.00) to be paid when closing $1,264.14 monthly $200,000 This rate assumes a 74.91% LTV ratio Your monthly payment doesn't include taxes and insurance premiums. Thus, the actual amount will be higher. Rates for mortgages can change at any time. These numbers are valid as of September 22, 2022, for qualified borrowers within the LMB Provider Network. Sources QuickenLoans. (2022). What Is A Fixed-Rate Mortgage Loan? QuickenLoans. Retrieved from https://www.quickenloans.com/mortgage-options/fixed-home-loans
