The list below is not exhaustive and provides general examples as of April 2018. For specific loan scenario questions please reach out to your American Pacific Mortgage loan advisor.
30 Year Fixed:
Loan amount $300,000, 20% down, monthly payment without taxes and insurance $1,475.00, APR 4.389%.
15 Year Fixed:
Loan amount $300,000, 20% down, monthly payment without taxes and insurance $2,256.84, APR 4.495%.
FHA:
Loan amount $300,000, 3.5% down, monthly payment with mortgage insurance but without taxes and homeowners insurance. $1,712.74, APR 5.395%, FHA monthly MI is $211.00.
VA:
Loan amount $300,000, 0% down, monthly payment without taxes and insurance $1,844.77 APR 4.432%.
USDA:
Loan amount $300,000, 0% down, monthly payment without taxes and insurance $1,475.82, APR 4.388%.
10 Year Interest Only:
Loan amount $300,000, 20% down, monthly payment without taxes and insurance $1,062.50, APR 6.232% *The initial payment period is applied only to interest. After 10 years payments are made on the principal.
5/1 ARM:
Loan amount $300,000, 20% down, monthly payment without taxes and insurance $1,475.82, APR 7.143% *The payment or rate is subject to adjustment after 5 years. The rate may vary or payment may increase after this period.
7/1 ARM:
Loan amount $300,000, 20% down, monthly payment without taxes and insurance $1,475.82, APR 6.816% *The payment or rate is subject to adjustment after 7 years. The rate may vary or payment may increase after this period.
10/1 ARM:
Loan amount $300,000, 20% down, monthly payment without taxes and insurance $1,475.82, APR 6.148% *The payment or rate is subject to adjustment after 10 years. The rate may vary or payment may increase after this period.
Jumbo 30 Year Fixed:
Loan amount $500,000, 20% down, monthly payment without taxes and insurance $2,459.70, APR 4.360%.
Bridge:
Loan amount $150,000, no down, 6 month term, monthly payment without taxes and insurance (deferred), 1 balloon payment of $152,180.59 due on 6th month, APR 8.516%.
Licensed in Colorado as Maestro LLC (DBA Mortgage Maestro Group) is an Equal Housing Lender.
Home Mortgage Disclosure Act Notice. The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau’s website.
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