Rates as of
07/02/2008 and are subject to change without notice.
These rates and terms are for owner-occupied properties, and are for fully amoritizing loans only. Please contact us all for rates and terms for Interest Only loans.
Rates may increase during the term of the loan.
| Mortgage Program |
Points |
Interest Rate |
APR |
3/1 ARM
to $2,000,000 2.375 Margin 2/2/6 Cap |
0.00 |
5.750 |
5.665 |
5/1 ARM
to $2,000,000 2.375 Margin 2/2/6 Cap |
0.00 |
5.875 |
5.730 |
7/1 ARM
to $2,000,000 2.375 Margin 5/2/6 Cap |
0.00 |
5.875 |
5.760 |
10/1 ARM
to $2,000,000 2.375 Margin 5/2/6 Cap |
0.00 |
6.250 |
6.045 |
We specialize in first-time homebuyers,
Contact us to learn about special programs.
Get Additional Savings!Receive a 1/8% discount on selected amortizing mortgages when you choose convenient automatic payments from your NewAlliance Checking account.
Other rates and terms available.A 30 year $100,000.00, 5/1 year adjustable rate loan with an initial interest rate of 5.875% with 0.00% points will have an Annual Percentage Rate (APR) of 5.730%. The loan will be repayable in 360 monthly payments of principal and interest. The first 60 payments will be in the amount of $591.54. The interest rate and payment amount thereafter is subject to increase or decrease annually. The interest rate will be based on the average of the London Interbank Offered Rates (LIBOR) for one year dollar deposits as published in the Wall Street Journal. Annual percentage rate is based on a 20% down payment for an owner occupied single family property. Interest rate may increase after consummation.
The ARM and Fixed rates are for a 60 day lock-in period. Loan amounts higher than those listed are also available. Call for details.