|
"MORTGAGE LOAN"
& "DEPOSIT ACCOUNT"
INTEREST RATES
THESE RATES ARE CURRENT AS OF:
MARCH 9, 2010
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DEPOSIT
ACCOUNTS
ACCOUNTS INSURED BY
 |
|
|
ACCOUNT TYPE |
Interest Rates
|
APY *
(Annual Percentage Yield)
|
Minimum
Deposit Required |
|
|
|
|
|
NOW Account |
.25%
|
.25%
|
$1,000.00 |
|
Senior
Advantage |
.35% |
.35% |
|
|
Money Market Deposit
Account |
1.25%
|
1.26% |
$1,000.00 |
|
Statement
Savings |
.50%
|
.50% |
|
|
CERTIFICATES OF DEPOSITS/IRAs |
|
|
|
|
|
|
|
91 day |
1.00% |
1.00% |
$5000.00 |
|
6 Month |
1.29% |
1.30% |
$500.00 |
|
12 Month |
1.59%
|
1.60%
|
$500.00 |
|
18 Month |
1.74%
|
1.75% |
$500.00 |
|
24 Month |
2.28% |
2.30% |
$500.00 |
|
36 Month |
2.47%
|
2.50%
|
$500.00 |
|
48 Month |
2.76%
|
2.80%
|
$500.00 |
|
60 Month |
2.80%
|
2.84%
|
$500.00 |
*Annual Percentage Yield is accurate as of the date stated above.
Certificate of
Deposit APY quoted is based on $5,000.00 deposit & monthly compounding.
These rates
may change at any time without prior notice. After your CD is opened, the
interest rate is fixed for the term. A penalty is imposed for early withdrawal.
Fees could reduce earnings on the account.
FIXED
RATE MORTGAGE LOANS
* Mortgage Rates and Terms are Subject to
Change Without Notice
|
MANDATORY RATE |
BEST EFFORT |
|
LOAN TYPE/TERM |
INTEREST RATE |
ANNUAL PERCENTAGE
RATE |
LOAN TYPE/TERM |
INTEREST RATE |
ANNUAL PERCENTAGE
RATE |
|
15 YEAR FIXED |
4.375% |
4.403% |
15 YEAR FIXED |
4.375% |
4.403% |
|
30 YEAR FIXED |
5.125% |
5.142% |
30 YEAR FIXED |
5.125% |
5.142% |
Rates
above assume a minimum 740 credit score
-
Rates are quoted with
the "NO POINT" option
-
Lower rates
available with "1 point" option
-
APR calculated on
loan amount of $125,000.00
-
(Assuming a down-payment of 20%)
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PMI & ESCROW required on Loan to Value >80%
-
(PMI will increase annual percentage rate)
-
Lock -in for Conventional Loan is 30 days
-
Additional Loan products available upon
request.
-
Contact your Bank of Washington Lender @
636-239-7831
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