5/6 ARM

APR = Annual Percentage Rate. Rate based on $300,000 loan amount, 60% loan-to-value, 700 credit score, rate/term refinance of primary single-family residence (no cash out). The initial APR is 6.520% for 60 months, subject to change thereafter. Based on current market conditions, the monthly payment schedule would be:

  • 60 monthly payments of $1,896.20
  • 299 monthly payments of $1,874.33
  • 1 monthly payment of $1,873.87

Payment examples do not include property insurance and taxes. Rate valid as of 11/29/2022 based on credit history, subject to credit approval, and subject to change without notice. Membership qualifications apply. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.