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Check Out Today's Current Rates!
| 30-Year Fixed | 3.875% | (4.049% APR) |
| 15-Year Fixed | 3.125% | (3.485% APR) |
| 5-Year Adjustable Rate Mortgage | 2.50%Future Adjustments | (3.267% APR) |
Rates as of: 01:35AM (EST) on 2/6/2012.
“Highest in Customer Satisfaction for Primary Mortgage Origination in the U.S.” – two years running!
J.D. Power and Associates
- Mortgage rates could change daily.
- Actual payments will vary based on your individual situation and current rates.
- Some products may not be available in all states.
- Some jumbo products may not be available to first time home buyers.
- Lending services may not be available in all areas.
- Some restrictions may apply.
- Based on the purchase/refinance of a primary residence with no cash out at closing.
- We assumed (unless otherwise noted) that: closing costs are paid out of pocket; this is your primary residence and is a single family home; debt-to-income ratio is less than 30%; and credit score is over 720, or in the case of certain Jumbo products we assume a credit score over 740; and an escrow account for the payment of taxes and insurance.
- The lock period for your rate is 45 days.
- The loan to value (LTV) rate is 70%. If LTV > 80%, PMI will be added to your monthly mortgage payment, with the exception of Military/VA loans. Military/VA loans do not require PMI.
- Please remember that we don’t have all your information. Therefore, the rate and payment results you see from this calculator may not reflect your actual situation. Quicken Loans offers a wide variety of loan options. You may still qualify for a loan even if your situation doesn’t match our assumptions. To get more accurate and personalized results, please call (800) 708-9211 to talk to one of our mortgage bankers.
30-Year Fixed-Rate Mortgage: The payment on a $200,000 30-year Fixed-Rate Loan at 3.875% and 70% loan-to-value (LTV) is $940.48 with 1.5 points due at closing. The Annual Percentage Rate (APR) is 4.049%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply.
15-Year Fixed-Rate Mortgage: The payment on a $200,000 15-year Fixed-Rate Loan at 3.125% and 70% loan-to-value (LTV) is $1393.22 with 1.875 points due at closing. The Annual Percentage Rate (APR) is 3.485%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply.
Adjustable-Rate Mortgage: The payment on a 30-year $200,000 5-year Adjustable-Rate Loan at 2.50% and 70% loan-to-value (LTV) is $790.25 with 1.875 points due at closing. After 5 years, the principal and interest is $870.09. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. The Annual Percentage Rate (APR) is 3.267%. Rate is variable.
- Quicken Loans received the highest numerical score in the proprietary J.D. Power and Associates 2010-2011 Primary Mortgage Origination StudiesSM. 2011 study based on 3,647 total responses measuring 16 lenders and measures opinions of consumers who originated a new mortgage. Proprietary study results are based on experiences and perceptions of consumers surveyed in July-September 2011. Your experiences may vary. Visit jdpower.com.