Example: The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $550,001, and an estimated property value of $687,502. The property is an existing single family home and will be used as a primary residence. 
At a 4.375% interest rate, the Annual Percentage Rate (APR) for this loan type is 4.388%. The monthly payment schedule would be:
360 payments of $2,746.07 at an interest rate of 4.375%
Note: If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums. 
At a 3.875% interest rate, the Annual Percentage Rate (APR) for this loan type is 3.898%. The monthly payment schedule would be:
180 payments of $4,033.92 at an interest rate of 3.875%
Note: If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums. 
At a 3.375% initial interest rate, the Annual Percentage Rate (APR) for this loan type is 4.999%, subject to increase. Based on current market conditions, the monthly payment schedule would be:
36 payments of $2,431.53 at an interest rate of 3.375%, and 12 payments of $3,024.52 at an interest rate of 5.375%, and
312 payments of $3,062.71 at an interest rate of 5.500%
Note: If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
About ARM rates.

At a 3.625% initial interest rate, the Annual Percentage Rate (APR) for this loan type is 4.821%, subject to increase. Based on current market conditions, the monthly payment schedule would be:
60 payments of $2,508.29 at an interest rate of 3.625%, and
300 payments of $3,035.97 at an interest rate of 5.500%
Note: If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
About ARM rates.

At a 3.875% initial interest rate, the Annual Percentage Rate (APR) for this loan type is 4.669%, subject to increase. Based on current market conditions, the monthly payment schedule would be:
84 payments of $2,547.14 at an interest rate of 3.750%, and
276 payments of $3,008.30 at an interest rate of 5.500%
Note: If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
About ARM rates.
