Today's Best Rate

                      

 

Conforming(under $ 417,000)        High Balance($ 417,001-$ 625,000)       Jumbo($ 625,001-$ 2M)

 

30 Year Fix     4.00% (APR)                            4.125% (APR)                                       4.50% (APR)

15 Year Fix     3.125% (APR)                          3.25% (APR)                                         3.875% (APR)

7/1 ARM         3.125% (APR)                           3.25% (APR)                                         3.25% (APR)

5/1 ARM         2.75% (APR)                             2.875% (APR)                                       2.875% (APR)

 

Note: Rate changes without notice.

How can I get the best rate?  Contact Vicki for a free consulant.

 

 

 

 

Monthly payment = Principle + interest.

Simple Pre-qualfication Formula (简易贷款资格计算公式):

 

1. PITI (Principle + intereste + property tax + insurance)

2. HOA:

3. HO6 insurance

4. Car loan, student loan or other loan

 

If  total amount of (1+ 2+ 3 + 4) < 45% monthly income (before tax), you are most likely to qualify a loan. Contact Vicki for detailed calculation.

 

Property tax is about 1.25% of purchase price;

Insurance is about $40--$100/month depending on insurance coverage; Some HOA fee may cover fire insurance;

HO6 insurance is wall-in insurance. For Condo and Townhouse, it is needed by lender. Click here for explanation for HO6 insurance.