HOME LOAN RATES
Contact our mortgage representatives at mortgage@Louisianafcu.org for the current home loan rates.
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Rates effective as of 2:41 P.M. CT, September 1, 2023
Rates subject to change without notice.
APR: 5.910%
POINTS: 1.000%
What's the APR?
The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $120,000 and an estimated property value of $150,000. The property is located in LaPlace, LA and is within St. John the Baptist county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 30 days and the assumed credit score is 740.
At a 5.50% interest rate, the APR for this loan type is 5.910%. The monthly payment schedule would be:
- 120 payments of $1,302.32 at an interest rate of 5.50%
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.
APR: 5.789%
POINTS: 1.000%
What's the APR?
The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $120,000 and an estimated property value of $150,000. The property is located in LaPlace, LA and is within St. John the Baptist county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 30 days and the assumed credit score is 740.
At a 5.50% interest rate, the APR for this loan type is 5.789%. The monthly payment schedule would be:
- 180 payments of $980.50 at an interest rate of 5.50%
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.
APR: 6.233%
POINTS: 1.000%
What's the APR?
The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $120,000 and an estimated property value of $150,000. The property is located in LaPlace, LA and is within St. John the Baptist county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 30 days and the assumed credit score is 740.
At a 6.000% interest rate, the APR for this loan type is 6.233%. The monthly payment schedule would be:
- 240 payments of $719.46 at an interest rate of 6.000%
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.
Email us for our 30 year mortgage rate at mortgage@louisianafcu.org.
What's the APR?
* APR = Annual Percentage Rate.
Rates above are based on 45 day lock. The interest rates, annual percentage rates (APRs), points and rebates shown are subject to change without notice. The points reflected above are Discount Points paid to lower your rate. Louisiana FCU may also charge origination fees. The actual interest rate, points, and annual percentage rate offered may differ depending on your credit qualifications, credit scores, loan to value ratio, type of property and transaction type, as many factors apply to mortgage loan financing. Rates and points will not be locked until a complete application with all the required supporting documents have been provided and a review of the file has been completed. Rates can be locked for 45 days. Maximum conforming loan amount is $647,200.00. Jumbo loans may be available for loans amounts above $647,200.00. Financing is available for second homes, condominiums, and investment properties. Some restrictions may apply.
