Home Mortgege Rates As Of October 27 2011 For Woodbridge Virginia
You Can Get A Home Loan With A Fixed Rate As Low As 3.75%
That's $4.63 Per Thousand You Finance When You Buy A Woodbridge Home
I just got my weekly home loan rate sheet from Vinnie Apostolico at McLean Lending.
The FHA home loan is the most popular choice among home buyers right now, because the rate is low, and you can get a home with just 3.5% down payment.
You can get a $350,000 loan with just $13,125 down payment, and loan payments of $1,621, plus your real estate taxes and hazard insurance.
You can run a quick and fast calculation of your payment on a 3.75% FHA loan by multiplying each $1,000 borrowed by $4.63.
|
Program |
Rate |
Loan Amount |
|
30 Year Fixed |
4.250% |
<= $417,000 |
|
30 Year Fixed |
4.375% |
> $417,000 |
|
30 Year Fixed Jumbo |
4.750% |
>$729,750 |
|
FHA 30 Year Fixed |
3.750% |
<= $417,000 |
|
FHA 30 Year Fixed |
3.875% |
> $417,000 |
|
5/1 ARM |
2.625% |
<= $417,000 |
|
5/1 ARM |
3.125% |
> $417,000 |
|
5/1 ARM Jumbo |
3.125% |
>$729,750 |
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