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Mortgage Rates

Rates effective October 16, 2017
APR= Annual Percentage Rate

Mortgage Loan Originators

Conventional Fixed Rate Mortgage

Term/Payment APR Fixed Rate
7 Year Monthly (0 Points) 2.788% 2.625%
10 Year Monthly (0 Points) 2.867% 2.750%
12 Year Monthly (0 Points) 2.974% 2.875%
15 Year Monthly (0 Points) 3.081% 3.000%
20 Year Bi-Weekly (0 Points) 3.443% 3.250%
20 Year Monthly (0 Points) 3.564% 3.500%
30 Year Bi weekly (0 Points) 4.020% 3.875%

Adjustable Rate Mortgages

Conventional 30 Year ARM Loans APR Interest Rate
10-1 ARM (0 Points) 3.489% 3.250%
7-1 ARM (0 Points) 3.503% 3.125%
5-1 ARM (0 Points) 3.645% 2.875%

*Conventional 30 Year ARM Loans

*Jumbo Loans over $424,000.00, add a 1/8% more to the conventional rate.

*Rates are subject to change at anytime.

*Add 1/4% to loan between 10-19% down payment.

*Weekly Special is only available up to 80% L.T.V..

*Add 1/4% to a loan under $25,000.00.



*Lending area is within 50 miles of our Syracuse New York location.

Special -9-1 ARM Monthly , 0 Points- 20% Down.  APR 3.371% Interest Rate 3.000%. Example-For a $100,000.00 loan amount, annual percentage rate of 3.371%.   108 principal & interest payments of $421.61.   251 principal & interest payments of $452.02.  One final payment of $449.58. Total Finance Charges of $60,260.27. Total of payments $159,440.48.  The payments do not include taxes and insurance, the actual payment obligation may be higher.

30 Year Bi-Weekly - 0 Points - 20% Down/ Interest Rate 3.875%. APR 4.020%  Example-For a $100,000.00 loan amount, annual percentage rate of 4.020%, 681 Bi-weekly principal and interest payments of $233.86. One final payment of $140.41. Total Finance Charges of $61,329.56. Total of payments, $159,399.07.   The payments do not include taxes and insurance, the actual payment obligation may be higher.

20 Year Bi-Weekly - 0 Points - 20% Down/ Interest Rate 3.250%. APR 3.443% Example-For a $100,000.00 loan amount, annual percentage rate of 3.443%, 468 Bi-weekly principal and interest payments of $282.36. One final payment of $250.84.  Total Finance Charges of $34,133.79. Total of payments, $132,395.32.   The payments do not include taxes and insurance, the actual payment obligation may be higher.

20 Year Monthly- 0 Points-20% Down/Interest Rate 3.500%. APR 3.564% Example-For a $100,000.00 loan amount, annual percentage rate of 3.564%, 239 principal and interest Payments of $579.96. One final payment of $579.86. Total Finance Charges of $40,052.56. Total of payments, $139,190.30.   The payments do not include taxes and insurance, the actual payment obligation may be higher.

15 Year Monthly- 0 Points-20% Down/Interest Rate 3.000%. APR 3.081% Example-For a $100,000.00 loan amount, annual percentage rate of 3.081%, 179 principal and interest payments of $690.59. One final payment of $688.69. Total Finance Charges of $25,124.09. Total of payments, $124,304.30.   The payments do not include taxes and insurance, the actual payment obligation may be higher.

15 Year Bi. Weekly- 0 Points-20% Down/Interest Rate of 2.875% APR 3.120%. Example for a $100,000.00 loan amount, annual percentage rate 3.120%, 354 Bi-weekly principal and interest payments of $341.53. One final payment of $308.80. Total Finance Charge of $22,841.97 Total of payments $121,210.42.   The payments do not include taxes and insurance, the actual payment obligation may be higher.

12 Year Monthly-0 Points - 20% Down/Interest Rate of 2.875% APR 2.974%. Example for a $100,000.00 loan amount, annual percentage rate 2.974%, 143 principal & interest payments of $821.94. One final payment of $820.89. Total Finance Charge of $19,167.49. Total of payments $118,358.31.   The payments do not include taxes and insurance, the actual payment obligation may be higher.

10 Year Monthly 0 Points-20% Down/Interest Rate of 2.750% APR 2.867%. Example for a $100,000.00 loan amount, Annual percentage rate 2.867%. 119 principal & interest payments of $954.12. One Final Payment of $952.78. Total Finance Charge of $15,291.62. Total of payments $114,493.06.  The payments do not include taxes and insurance, the actual payment obligation may be higher.

7 Year Monthly 0 Points-20% Down/Interest Rate of 2.625% APR 2.788% Example for a $100,000.00 loan amount, annual percentage rate of 2.788%.  83 principal & interest payments of $1,304.50. One final payment of $1,304.21 Total Finance Charge of $10,365.66. Total of payments $109,577.71.  The payments do not include taxes and insurance, the actual payment obligation may be higher.

10-1 ARM 0 points,20% Down, Interest rate of 3.250%. APR 3.489%. Example for a $100,000.00 loan amount, 20% down payment, annual percentage rate of 3.489%,  120 principal and interest payments of $435.21.  239 principal and interest payments of $454.92.  One final payment of $453.84. Total finance charges $62,245.95.Total of  payments $161,404.92.   The payments do not include taxes and insurance, the actual payment obligation may be higher.

7-1 ARM 0 points, 20% Down, Interest rate of 3.125%. APR 3.503%. Example for a $100,000.00 loan amount, 20% down payment, annual percentage rate of 3.503%,  84 principal and interest payments of $428.38.  275 principal and interest payments of $456.05.One final payment $453.84. Total Finance Charge $62,681.92. Total of payments $161,851.51.   The payments do not include taxes and insurance, the actual payment obligation may be higher.

5-1 ARM 0 Points, 20% Down, Interest rate of 2.875%, APR 3.645%  Example, For $100,000.00 loan amount, 20% down payment, annual percentage rate of 3.645%, 60 principal and interest of $414.90.  299 principal and interest of $468.21. One final payment of $463.74. Total Finance Charge $66,161.71. Total of payments $165,352.53.   The payments do not include taxes and insurance, the actual payment obligation may be higher.

** Please contact the Geddes Federal Savings and Loan Mortgage Department at 315-468-6281 for current rates and additional information**.

EHL Black

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