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Rates &
Indicators
Rate
Chg
30 Year Fixed
6.750%
15 Year Fixed
6.625%
10 yr fxd arm
6.500%
7 yr fxd arm
6.375%
5 yr fxd arm
6.250%
5yr fxd opt arm*
3.875%
5yr fxd I/O arm*
.375%
*5yr opt arm apr
6.875%
as of 3/10/2010
Know Your Budget
How Much Home Can I Afford?
$
Amount you plan to use for the down payment.
$
Amount you plan to pay each month.
Years you plan to finance the mortgage.
%
Interest rate you plan to get on your loan.
$
This is the approx. cost you can afford.
There's no point wasting time and energy house-hunting before you
know what you can afford
. So your next step is to assess your finances:
Find out about interest rates
Understand your closing costs
Figure out your income, debt and down payment
Calculate how much home you can afford!
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