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22 Frances Ave., Larkspur, CA, 94939 Mortgage Options
22 Frances Ave., Larkspur, CA, 94939 Mortgage Options
Using RPM Mortgage and REX Homebuyer, this home can be financed today as:
Purchase Price:  $1,499,000
REX Down Payment:  $149,900
Your Down Payment:  $149,900
Monthly P&I Payment:  $5219

Here are the terms for the scenario above:
Loan Amount:  $1,199,200
Loan Program:  7/1 ARM*
Interest Rate / APR:  3.250% / 3.154%
How can we help?
Property Info:  Yoko Kasai, 415-847-6519,
Mortgage Pre-Approval:  Rob Spinosa, 415-367-5959,
*Rates will only apply for the initial period.  The initial period for this program above is seven years.  The payment on a 7/1 ARM adjusts after 7 years and annually thereafter.  At adjustment, the rate will be the average of the Interbank offered rates for one year, U.S. denominated deposits in the London market (LIBOR) as published in the Wall Street Journal, plus a margin of 2.5%.  Rates are subject to a 5/2/5 cap.  A 5/2/5 cap may adjust no more than 5 points on the first adjustment, no more than 2 points at any annual adjustment thereafter, but in any event no more than 5 points higher than the rate during the life of the loan.  The APR of ARM's may increase after consummation.  Loans ... more

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