This rate offer is effective 05/16/2020 and subject to change. Rates displayed are the as low as rates for purchase loans and refinances of existing Navy Federal loans. Rates for refinance loans where the existing lender is not Navy Federal are subject to a 0.750% higher rate. Rates are based on creditworthiness, loan-to-value (LTV), occupancy and loan purpose, so your rate and terms may differ. All loans subject to credit approval. Rates quoted require a loan origination fee of 1.00%, which may be waived for a 0.25% increase in interest rate. Many of these programs carry discount points, which may impact your rate. ↵
A fixed-rate loan of $250,000 for 15 years at 2.250% interest and 2.535% APR will have a monthly payment of $1,638.
A Jumbo fixed-rate loan of $515,000 for 15 years at 2.500% interest and 2.679% APR will have a monthly payment of $3,434.
A fixed-rate loan of $250,000 for 30 years at 2.750% interest and 2.926% APR will have a monthly payment of $1,021.
A Jumbo fixed-rate loan of $515,000 for 30 years at 2.875% interest and 3.053% APR will have a monthly payment of $2,137.
Taxes and insurance not included; therefore, the actual payment obligation will be greater.
Jumbo Loans: Loan amounts greater than $510,400. In AK and HI, the Conforming loan limit is $765,600. The Jumbo rates quoted above are for loan amounts above $510,400 up to $2,000,000. ↵
This calculator is provided as a self-help tool for informational purposes only. It is only intended to estimate basic monthly payments based on your inputs. All examples are hypothetical and are for illustrative purposes only. Your payment amount will differ based on a variety of factors, including when your first payment is due. Accuracy is not guaranteed. ↵
The cash-back bonus is offered in most states and is available for individual sales and purchases of property; offer limited to one cash-back bonus per property with no limit on the amount of times you may use the program. In some states, a gift card or commission credit at closing may be provided in lieu of the cash-back bonus. The program is not available in IA or outside the U.S. Cash-back bonus is not available in AK, LA or OK. In KS and TN, a gift card with preloaded points that are ready for spending at specified retail establishments after closing will be issued. State regulations in KS limit the dollar amounts and the type of incentive. In MS, NJ, and OR, a commission reduction may be available at closing. Please check with the program coordinator for details. This is not a solicitation if you are already represented by a real estate broker. The cash-back bonus is only available with the purchase or sale of your home through the use of a program-referred and -approved real estate agent. The size of your cash back award depends on the value of the property you are buying or selling. Obtaining the full $8,000 cash back award requires transacting in a property valued at $1.75 million or greater. To calculate the size of you potential cash back, please visit navyfederal.org/realtyplus. All real estate transactions are negotiable. Contact RealtyPlus for terms and conditions. Standard listing fees apply. ↵