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Payment Examples

Conventional Fixed Rate Mortgage

Product
Interest Rate as low as
APR as low as [1]
Points
# of Payments
Estimated payment amount [2]
10 Year Fixed Purchase
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0.000
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15 Year Fixed Purchase
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0.000
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20 Year Fixed Purchase
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0.000
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30 Year Fixed Purchase
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0.000
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[1] APR = Annual Percentage Rate. The APR is the cost of credit over the term of the loan expressed as an annual rate.

[2] Payment Example, Rate, and Payment Assumptions.The Interest Rate, APR, and Estimated Monthly Payment assumes the mortgage is a conforming loan to purchase an existing single-family home used as the borrower's primary residence, a Loan to Value (LTV) ratio of 75% or less, the borrower has excellent credit, and a loan amount of $165,000. The Estimated Monthly Payment reflects the principal and interest payment only, which does not include amounts for taxes, nor insurance (actual payments will be greater). For example, a $165,000 loan amount with a 30-year term at a 3.000% fixed interest rate will have an estimated principal and interest payment of $1,265 for 360 months.

All loan terms are subject to credit and loan program requirements (applicants may be offered credit at higher rates and other terms). Certain loan programs may not be available to all applicants. Loans above 80% LTV requires private mortgage insurance (PMI). Bethpage does not offer residential mortgage loans in Texas. To obtain a loan, membership at Bethpage is required by opening a $5.00 savings account at or prior to loan consummation. Rates, loan programs, terms, and conditions are subject to change without notice. Other restrictions and limitations apply.

Estimates are provided as a courtesy only. Your rate and payment may differ depending on various factors. State and County lending limits may also apply. Please contact a Bethpage loan officer for more information and to discuss how we may help with your specific lending needs.

Adjustable Rate Mortgage

3/1 ARM
Initial Interest Rate
APR
Fully Indexed Rate
Months to First Rate Adjustment
Payment Month(s)
Monthly Mortgage (P&I)
Rate
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36
1 - 36
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37 - 359
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360
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5/1 ARM
Initial Interest Rate
APR
Fully Indexed Rate
Months to First Rate Adjustment
Payment Month(s)
Monthly Mortgage (P&I)
Rate
---
----
----
60
1 - 60
---
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61 - 359
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360
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7/1 ARM
Initial Interest Rate
APR
Fully Indexed Rate
Months to First Rate Adjustment
Payment Month(s)
Monthly Mortgage (P&I)
Rate
---
----
----
84
1 - 84
---
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85-359
---
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360
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10/1 ARM
Initial Interest Rate
APR
Fully Indexed Rate
Months to First Rate Adjustment
Payment Month(s)
Monthly Mortgage (P&I)
Rate
---
----
----
120
1 - 120
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121-360
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360
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[1] Fixed rate terms of 10, 15, 20, or 30 years have 120, 180, 240, or 360 monthly payments, respectively.

[2] APR = Annual Percentage Rate. The APR is the cost of credit over the term of the loan expressed as an annual rate.

[3] The Interest Rate, APR, and Monthly Payment assumes the property is an existing single-family home used as the borrower's primary residence, a Loan to Value (LTV) ratio of 75% or less on a purchase mortgage, or an LTV of 60% or less on a refinance mortgage, a credit score of 740 or above, and a loan amount of $165,000.

All loan terms are subject to credit and loan program requirements (applicants may be offered credit at higher rates and other terms). Certain loan programs may not be available to all applicants. Loans above 80% LTV may require private mortgage insurance (PMI). Bethpage does not offer residential mortgage loans in Texas. To obtain a loan, membership at Bethpage is required by opening a $5.00 savings account at or prior to loan consummation. Rates, loan programs, terms, and conditions are subject to change without notice. Other restrictions and limitations apply.

Calculators are provided as a courtesy and results are estimates only. Your rate and payment may differ depending on various factors. State and County lending limits may also apply. Please contact a Bethpage loan officer for more information and to discuss how we may help with your specific lending needs.