* The 3.375 % example loan rate for a $ 200,000 5 - year Adjustable - Rate Mortgage (ARM) for purchase and refinance loans amortized over 30 years has a monthly payment of $ 884 plus monthly taxes and insurance with 2 points ($ 4,000) and fees due at closing. (guidetolenders.com)
Projected costs from the Consumer Financial Protection Bureau's example Loan Estimate Form, accounting for a $ 162,000 mortgage ($ 18,000 down payment, or 10 %) and a 3.875 % interest rate. (valuepenguin.com)