Vacation Home Mortgage Rates

Based on the rate chosen, points may be assessed subject to Fannie Mae pricing adjustments. These adjustments consider loan to value, credit score, loan purpose, term and other factors. Please contact your loan representative if you should have any questions.

*APR equals Annual Percentage Rate All Rates assume 80% financing with a 20% down payment. 95% financing available for those who qualify. For non-conforming rates, contact the Mortgage Department. All rates subject to change daily and can only be guaranteed by HRCU Mortgage Department. For more information call (603) 332-6840 or toll free at (877) 895-6840. NOTE: One point is equal to 1% of the amount financed.

¹ Example: A 30-year fixed rate mortgage with 0 points; the rate would be 3.750%. Based on a purchase price of $200,000 with 20% down payment, the amount financed would be $160,000 with 360 monthly payments of approximately $740.98 (principal and interest), a finance charge of $106,754.58 bringing the total payment to $266,754.58.

² Example: A 20-year fixed rate mortgage with 0 points; the rate would be 3.625%. Based on a purchase price of $200,000 with a 20% down payment, the amount financed would be $160,000 with 240 monthly payments of approximately $938.25 (principal and interest), a finance charge of $65,178.95 bringing the total payment to $225,178.95.

³ Example: A 15-year fixed rate mortgage with 0 points; the rate would be 3.250%. Based on a purchase price of $200,000 with a 20% down payment, the amount financed would be $160,000 with 180 monthly payments of approximately $1,124.27 (principal and interest), a finance charge of $42,368.61 bringing the total payment to $202,368.61.

⁴ Example: A 10-year fixed rate mortgage with 0 points; the rate would be 3.125%. Based on a purchase price of $200,000 with a 20% down payment, the amount financed would be $160,000 with 120 monthly payments of approximately $1,554.22 (principal and interest), a finance charge of $26,506.53 bringing the total payment to $186,506.53.

Based on the rate chosen, points may be assessed subject to Fannie Mae pricing adjustments. These adjustments consider loan to value, credit score, loan purpose, term and other factors. Please contact your loan representative if you should have any questions.

*APR equals Annual Percentage Rate All Rates assume 70% financing with a 30% down payment. For non-conforming rates, contact the Mortgage Department. All rates subject to change daily and can only be guaranteed by HRCU Mortgage Department. For more information call (603) 332-6840 or toll free at (877) 895-6840. NOTE: One point is equal to 1% of the amount financed.

¹ Example: A 15-year fixed rate mortgage with 0 points; the rate would be 4.250%. Based on a purchase price of $200,000 with 30% down payment, the amount financed would be $140,000 with 180 monthly payments of approximately $1,504.56 (principal and interest), a finance charge of $56,656.18 bringing the total payment to $216,656.18.

² Example: A 10-year fixed rate mortgage with 0 points; the rate would be 4.125%. Based on a purchase price of $200,000 with a 30% down payment, the amount financed would be $140,000 with 120 monthly payments of approximately $1,629.44 (principal and interest), a finance charge of $35,533.33 bringing the total payment to $195,533.33.

¹ Fixed for 36 Months and unlike a 3/1 ARM ours is fixed for the first three years and then rates are subject to change every three years thereafter. The most your rate may increase at each change period/three years would be 2.00%. Rate adjustment increases will not exceed 6.00% over the life of the loan and the lowest rate (floor rate) will not go below your intial rate.

Example: A 3 year Adjustable Rate Mortgage with 0 points; the rate would be 3.000%. Based on a purchase of $200,000 with a 20% down payment, the amount financed would be $160,000 with 360 monthly payments of approximately $674.57 (principal and interest), a finance charge of $82,843.92, bringing the total payment to approximately $242,843.92. Monthly payment may change according to adjustment in rate every three years.

² Fixed for 60 Months and unlike a 5/1 ARM ours is fixed for the first five years and then rates are subject to change every five years thereafter. The most your rate may increase at each change period/5 years would be 2.00%. Rate adjustment increases will not exceed 6.00% over the life of the loan and the lowest rate (floor rate) will not go below your initial rate.

Example: A 5 year Adjustable Rate Mortgage with 0 points; the rate would be 3.250%. Based on a purchase of $200,000 with a 20% down payment, the amount financed would be $140,000 with 360 monthly payments of approximately $696.33 (principal and interest), a finance charge of $90,678.84, bringing the total payment to approximately $250,678.84. Monthly payment may change according to adjustment in rate every five years.

³ Fixed for 120 Months and then rates are subject to change every year thereafter. The most your rate may increase each year would be 2.00%. Rate adjustment increases will not exceed 6.00% over the life of the loan and the lowest rate (floor rate) will not go below your initial rate.

Example: A 10 year Adjustable Rate Mortgage with 0 points; the rate would be 3.500%. Based on a purchase of $200,000 with a 20% down payment, the amount financed would be $160,000 with 360 monthly payments of approximately $718.47 (principal and interest), a finance charge of $98,649.74, bringing the total payment to approximately $258,649.74. Monthly payment may change according to adjustment in rate every year.

*APR equals Annual Percentage Rate

**ARM equals Adjustable Rate Mortgage All Rates assume 80% financing with a 20% down payment. For non-conforming rates, contact the Mortgage Department. Index for all Adjustable Rate Mortgages is the weekly average of the U.S. Treasury securities for the applicable term. All rates subject to change daily and can only be guaranteed by HRCU Mortgage Department. For more information call (603) 332-6840 or toll free at (877) 895-6840. NOTE: One point is equal to 1% of the amount financed.

¹ Fixed for 36 Months and unlike a 3/1 ARM ours is fixed for the first three years and then rates are subject to change every three years thereafter. The most your rate may increase at each change period/three years would be 2.00%. Rate adjustment increases will not exceed 6.00% over the life of the loan and the lowest rate (floor rate) will not go below your initial rate.

Example: A 3 year Adjustable Rate Mortgage with 0 points; the rate would be 4.000%. Based on a purchase of $200,000 with a 30% down payment, the amount financed would be $140,000 with 360 monthly payments of approximately $668.38 (principal and interest), a finance charge of $100,617.31 bringing the total payment to approximately $240,617.31. Monthly payment may change according to adjustment in rate every three years.

² Fixed for 60 Months and unlike a 5/1 ARM ours is fixed for the first five years and then rates are subject to change every five years thereafter. The most your rate may increase at each change period/5 years would be 2.00%. Rate adjustment increases will not exceed 6.00% over the life of the loan and the lowest rate (floor rate) will not go below your initial rate.

Example: A 5 year Adjustable Rate Mortgage with 0 points; the rate would be 4.250%. Based on a purchase of $200,000 with a 30% down payment, the amount financed would be $140,000 with 360 monthly payments of approximately $688.72 (principal and interest), a finance charge of $107,937.71, bringing the total payment to approximately $247,937.71. Monthly payment may change according to adjustment in rate every five years.

³ Fixed for 120 Months and then rates are subject to change every year thereafter. The most your rate may increase each year would be 2.00%. Rate adjustment increases will not exceed 6.00% over the life of the loan and the lowest rate (floor rate) will not go below your initial rate.

Example: A 10 year Adjustable Rate Mortgage with 0 points; the rate would be 4.500%. Based on a purchase of $200,000 with a 30% down payment, the amount financed would be $160,000 with 360 monthly payments of approximately $709.36 (principal and interest), a finance charge of $115,369.40, bringing the total payment to approximately $255,369.40. Monthly payment may change according to adjustment in rate every year.

*APR equals Annual Percentage Rate

**ARM equals Adjustable Rate Mortgage All Rates assume 70% financing with a 30% down payment. For non-conforming rates, contact the Mortgage Department. Index for all Adjustable Rate Mortgages is the weekly average of the U.S. Treasury securities for the applicable term. All rates subject to change daily and can only be guaranteed by HRCU Mortgage Department. For more information call (603) 332-6840 or toll free at (877) 895-6840. NOTE: One point is equal to 1% of the amount financed.