Rates are current as of the date below and are subject to change at any time without notice.  Rates and terms will be confirmed by a Southbridge Savings Bank Loan Originator upon receipt of your application.  The APR's on a Mortgage assumes a 20% down payment and the loan closing occuring on the first of the month.

 

 

Rates as of Wednesday, July 28, 2010
Product Description	Points	Interest Rate	Annual Percentage Rate	Payment per $1,000	Payments	Closing Costs	Apply
Conventional Loans
15 Yr Fixed Monthly	0.000	3.875%	4.023%	$7.33	Show Payments and Rates	$2,549.00
20 Year Fixed	0.000	4.250%	4.367%	$6.19	Show Payments and Rates	$2,549.00
30 Year Fixed	0.000	4.375%	4.461%	$4.99	Show Payments and Rates	$2,549.00
40 Year Fixed	0.000	5.875%	5.955%	$5.42	Show Payments and Rates	$2,549.00
3 Year ARM Monthly
3-3 Adjustable Rate Mortgage	0.000	5.000%	4.216%	$5.37	Show Payments and Rates	$2,549.00
3 Year ARM 40 Year
3 Year ARM 40 Year	0.000	5.250%	4.203%	$4.99	Show Payments and Rates	$2,549.00
5/1 ARM 40 Year
5/1 ARM 40 Year Purchase	0.000	5.500%	3.917%	$5.16	Show Payments and Rates	$2,549.00
5/1 ARM Monthly
5-1 Adjustable Rate Mortgage	0.000	5.250%	3.980%	$5.52	Show Payments and Rates	$2,549.00
7/1 Year ARM
7-1 Adjustable Rate Mortgage	0.000	5.375%	4.307%	$5.60	Show Payments and Rates	$2,549.00
7/1 Year ARM 40 Year
7/1 Yr ARM 40 Year Purchase	0.000	5.750%	4.288%	$5.33	Show Payments and Rates	$2,549.00
7/1 ARM 95% LTV
7/1 ARM 95% LTV Purchase	0.000	5.500%	4.377%	$5.68	Show Payments and Rates	$2,549.00

• The above rates and points assume a mortgage for the first lien purchase/refinance of a single family, owner occupied primary residence.  Other restrictions may apply.
• Closing costs states are estimated values based on a typical loan scenario.
• Mortgage loans with a loan-to-value ratio over 80% require Private Mortgage Insurance.
• To calculate your monthly principal and interest payment using the chart above, simply multiply the dollar figure in the payment per $1,000 column by the mortgage amount desired (in thousands) and divide the total by 1,000
• Adjustable Rate Mortgage rates may be increased after consumation