Product, Payment, APR, & Rate Example Scenarios
On this page you’ll find an example scenario for a reverse mortgage The rate, APR, and monthly payment examples are for illustrative purposes only.
Actual interest rates will vary from these example scenarios as rates and terms can change daily. You will need to contact a licensed mortgage Reverse Mortgage Professional for the most up=to-date pricing.
Some products may not be available in all areas and some restrictions may apply.
30 Year Fixed Rate Home Loan
The principal and interest payment (P&I) on a $175,000 30 year fixed rate home loans at an interest rate of 4.250% and 65% Loan-to-Value (LTV) is $860.89. The Annual Percentage Rate (APR) is 4.31% with $1200 in fees factored into the APR with zero discount or origination points. Payment does not include taxes and insurance premiums. No Private Mortgage Insurance (PMI) is required with 35% equity. 30 year mortgages require monthly payments for 360 months.