Loan Rates
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Mortgage Loan Rates

Check out ECU's great rates on a Mortgage Loan to fit your needs. 

LOAN TERM RATE APR1POINTS
15 Year Fixed 2.875%3.156%1.000%
30 Year Fixed 3.375%3.532%1.000%
30 Year Fixed First Time Homebuyers5.250%5.338%0.000%

Rates accurate as of October 26, 2021 and are subject to change.

1 APR refers to Annual Percentage Rate. Your rate may be higher depending on credit history and underwriting criteria. Certain restrictions may apply.

Example: 15-year fixed rate loan with Purchase Price of $125,000 with a 20% down payment,  Loan Amount of $100,000, paying 1.00 Origination Point with an annual interest rate of 2.875%, and an APR of 3.156% would result in 180 monthly principal and interest payments of $684.59.  Payment does not include amounts for taxes and insurance premiums.

Example: 30-year fixed rate loan with Purchase Price of $125,000 with a 20% down payment, Loan Amount of $100,000, paying 1.00 Origination point with an annual interest rate of 3.375%, and an APR of 3.532%, would result in 360 monthly principal and interest payments of $442.10. Payment does not include amounts for taxes and insurance premiums.

Example:  30-year fixed rate First Time Home Buyers loan with Purchase Price of $125,000 and a loan amount of $131,250 (includes 5% in closing costs) with an annual interest rate of 5.250%, and an APR of 5.338%, would result in 360 monthly principal and interest payments of $724.77.  Payment does not include amounts for taxes and insurance premiums.