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Peoples Federal Savings Bank Mortgage Rates*
 
 
 
* Rates subject to change at any time without notice.
 
 Your actual interest rate and payment may be increased based on your credit profile, property type, loan purpose, loan amount, occupancy type and loan-to-value ratio. 
All loans are subject to credit approval.
  
 These are just a few of the programs we offer!
 
 Please contact one of our offices for more options.
 
 

Rates as of Friday, April 24, 2015

Product DescriptionPointsInterest RateAPRPayment per $1,000PaymentsEstimated Closing CostsApply
Fixed Rate Mortgage Min. 5% Down Payment or Equity
30 Year Fixed Rate Mortgage1.0003.625%3.785%$4.56Show Payments$3,066.00
30 Year Fixed Rate Mortgage0.0003.875%3.953%$4.70Show Payments$2,331.60
20 Year Fixed Rate Mortgage1.0003.500%3.721%$5.80Show Payments$3,058.20
20 Year Fixed Rate Mortgage0.0003.625%3.848%$5.86Show Payments$2,316.00
15 Year Fixed Rate Mortgage1.0002.750%3.029%$6.79Show Payments$3,011.40
15 Year Fixed Rate Mortgage0.0003.000%3.136%$6.91Show Payments$2,277.00
Adjustable Rate Mortgage Min. 10% Down Payment or Equity
15/1 ARM - 30 Year1.0003.375%3.532%$4.42Show Payments$3,050.40
15/1 ARM - 30 Year0.0003.500%3.584%$4.49Show Payments$2,308.20
15/1 ARM - 20 Year1.0003.125%3.343%$5.61Show Payments$3,034.80
15/1 ARM - 20 Year0.0003.375%3.481%$5.74Show Payments$2,300.40
VA Mortgage 0% Down Payment w/Funding Fee
 The estimated closing costs are based upon a standard primary residence purchase with a $75,000.00 loan amount. Your acutal cost will vary.  Please refer to  the Good Faith Estimate that you will be sent for a breakdown lisitng of the fees that will apply to you.
 
The Annual Percentage Rates (APRs) reflect current interest rates, total points and additional pre-paid finance charges for a single family primary residence mortgage loan. Once you have applied, refer to the Truth in Lending that will be sent to you for the actual APR that you will be charged.
 
Fixed Rate Mortgages require a minimum downpayment of 5%.
 
Adjustable Rate Mortgages (ARM) rate and payments may increase after consummation of the loan.  ARMs require a minimum downpayment of 10%. After initial period expires your rate can adjust annually. Maximum lifetime interest rate cap is 5% over the inital rate. 
 
If you are a service member on active duty, prior to seeking a refinance of your existing mortgage loan, please consult with your legal advisor regarding the loss of any benefits you are entitled to under the service members Civil Relief Act (SCRA).
 
All information displayed is subject to change without notice.
 
Peoples Federal Savings Bank NMLS# 410540
212 W Seventh Street
Auburn, IN 46706
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