Updated: 5/22/2025 9:00 AM MT
FHA:
30 year 5.99 Rate / 6.919 APR


Conventional:
10 year 5.75 Rate / 6.662 APR
15 year 5.75 Rate / 6.393 APR
30 year 6.5 Rate / 6.903 APR


Conventional 10-year Fixed-Rate Loan:  An interest rate of 5.75% (6.662% APR). On a $200,000 mortgage, you would make monthly payments of $2195.38.  Monthly payment does not include taxes and insurance premiums. The actual payment and the total finance charges may be higher over the life of the loan. Payment assumes a loan-to-value (LTV) of 60%.


Conventional 15-year Fixed-Rate Loan: An interest rate of 5.75% (6.393% APR). On a $200,000 mortgage, you would make monthly payments of $1660.82.  Monthly payment does not include taxes and insurance premiums. The actual payment and the total finance charges may be higher over the life of the loan. Payment assumes a loan-to-value (LTV) of 60%.


Conventional 30-year Fixed-Rate Loan: An interest rate of 6.5% (6.903% APR). On a $200,000 mortgage, you would make monthly payments of $1264.14.  Monthly payment does not include taxes and insurance premiums. The actual payment and the total finance charges may be higher over the life of the loan. Payment assumes a loan-to-value (LTV) of 60%.


Additional Disclosures
You can call American Financing’s Mortgage Consultants to receive your specific rate and payment information. Your loan will be based upon your information and your payments may vary from this example. Even if your situation is different or seems less favorable than this one, AFC will work to find a loan that works for you. Rates change daily, and not all products are available in all states.


This transaction example assumes that:
The mortgaged dwelling is your primary residence and a single-family home.
Your credit score is over 720, your debt-to-income ratio is less than 30%.
You escrow payments for taxes and insurance.
Payment assumes a loan-to-value (LTV) of 60%.
You receive no cash-out at closing.
Your rate-lock period is 56 days.
You seek a non-jumbo loan.
No PMI is necessary, but PMI will be added if loan-to-value ratio is greater than 80% on loans that are not Military or VA loans.
1% Origination and 2.5% points in discount.

FHA 30-year Fixed-Rate Loan: An interest rate of 5.99% (6.919% APR). On a $200,000 mortgage, you would make monthly payments of $1301.65.  Monthly payment includes Private Mortgage Insurance (PMI) but does not include taxes or other insurance premiums. The actual payment and the total finance charges may be higher over the life of the loan. Payment assumes a loan-to-value (LTV) of 60%. FICO of 740 or greater, DTI of less than 30%.

Additional Disclosures
You can call American Financing’s Mortgage Consultants to receive your specific rate and payment information. Your loan will be based upon your information and your payments may vary from this example. Even if your situation is different or seems less favorable than this one, AFC will work to find a loan that works for you. Rates change daily, and not all products are available in all states.


This transaction example assumes that:
The mortgaged dwelling is your primary residence and a single-family home.
Your credit score is over 739, your debt-to-income ratio is less than 30%.
You escrow payments for taxes and insurance.
You receive cash-out at closing.
Your rate-lock period is 56 days.
You seek a non-jumbo loan.
1% Origination and 2.5% points in discount.