For more information on products or rates not listed below, please email a U.S. Bank Loan Officer or call us toll-free at 888-831-7524.
Learn more about Annual Percentage Rates (APR) and how they’re calculated.
Loan Payment Examples
Rates as of [07/02/2009]
|
| Product |
Rate |
Discount |
Origination |
APR |
Mo. Pmt
per
$1000 |
|
| Conforming Fixed - 30 Year | 4.950% | 0.875% | 1.000% | 5.184% | 5.34 |
| | 5.250% | 0.000% | 1.000% | 5.408% | 5.52 |
| | 5.375% | 0.000% | 0.000% | 5.443% | 5.60 |
|
| Conforming Fixed - 20 Year | 4.875% | 1.000% | 1.000% | 5.207% | 6.53 |
| | 5.250% | 0.000% | 1.000% | 5.463% | 6.74 |
| | 5.375% | 0.000% | 0.000% | 5.466% | 6.81 |
|
| Conforming Fixed - 15 Year | 4.375% | 0.875% | 1.000% | 4.771% | 7.59 |
| | 4.750% | 0.000% | 1.000% | 5.015% | 7.78 |
| | 4.875% | 0.000% | 0.000% | 4.988% | 7.84 |
|
| Conforming Fixed - 10 Year | 4.250% | 0.625% | 1.000% | 4.760% | 10.24 |
| | 4.625% | 0.000% | 1.000% | 5.002% | 10.42 |
| | 4.750% | 0.000% | 0.000% | 4.911% | 10.48 |
|
| FHA - 30 Year Fixed | 5.250% | 0.000% | 1.000% | 5.887% | 5.60 |
| | 5.500% | 0.000% | 0.000% | 6.052% | 5.76 |
|
| FHA - 15 Year Fixed | 5.000% | 0.000% | 1.000% | 5.749% | 8.03 |
| | 5.500% | 0.000% | 0.000% | 6.103% | 8.29 |
|
| VA - 30 Year Fixed | 5.500% | 0.000% | 0.000% | 5.867% | 5.87 |
|
| VA - 15 Year Fixed | 5.500% | 0.000% | 0.000% | 6.120% | 8.44 |
|
| 3YR ARM - APR may increase after consummation | 3.875% | 0.000% | 1.000% | 3.534% | 4.70 |
| | 4.250% | 0.000% | 0.000% | 3.539% | 4.92 |
|
| 5YR ARM - APR may increase after consummation | 4.125% | 0.000% | 1.000% | 3.708% | 4.85 |
| | 4.500% | 0.000% | 0.000% | 3.763% | 5.07 |
|
| Jumbo - 30 Year Fixed | 5.750% | 0.750% | 1.000% | 5.984% | 5.84 |
| | 6.000% | 0.000% | 1.000% | 6.165% | 6.00 |
|
| Jumbo - 15 Year Fixed | 5.125% | 0.750% | 1.000% | 5.510% | 7.97 |
| | 5.375% | 0.000% | 1.000% | 5.645% | 8.10 |
|
| |
|
The rates published on this page are applicable only to requests received from this site or by calling 888-831-7524. Mortgage rates published on this page are the current rates for a single-family, primary residence based on a 60-day lock period and are subject to change without notice. In order to receive a guaranteed rate, you must have applied for an application through U.S. Bank and received a verbal confirmation from a loan officer that your desired rate is locked. Your guaranteed mortgage rate will depend on factors such as current market conditions, loan product, occupancy, property type and your credit profile. Minnesota residents must receive a written confirmation as required by Minnesota Statute 47.2061.
1. This statement of current loan terms and conditions is not an offer to enter into an interest rate or discount point agreement. Any such offer may be made only pursuant to subdivisions 3 and 4 of Minnesota Statutes Section 47.206.
Loan Product and APR Information
- Conforming rates are for loan amounts not exceeding $417,000 ($625,500 in AK and HI)
- Jumbo rates are for loan amounts exceeding $417,000 ($625,500 in AK and HI)
- Adjustable-rate loans and rates are subject to change during the loan term. That change can increase or decrease your monthly payment.
- Additional loan products, rates and lock periods are available.
Conforming Fixed, ARM
APR calculation assumes a $150,000 loan amount with a 20% down payment, estimated borrower paid finance charges of .75% of the loan amount plus discount and origination if applicable. If the down payment is less than 20%, mortgage insurance may be needed on the loan. This could increase the monthly payment and the APR.
Jumbo Fixed
APR calculation assumes a $500,000 loan amount with a 20% down payment, estimated borrower paid finance charges of .75% of the loan amount plus discount and origination if applicable. If the down payment is less than 20%, mortgage insurance may be needed on the loan. This could increase the monthly payment and the APR.
FHA Loans
Base loan amount assumed a 3.5% down payment. APR calculation assumes a $152,250 loan amount ($150,000 base loan amount plus $2,250 up-front mortgage insurance premium), estimated borrower paid finance charges of .75% of the loan amount, up-front mortgage insurance premium, monthly mortgage insurance, plus discount and origination if applicable. The monthly principal and interest payment shown above does not include the FHA required monthly mortgage insurance payment.
VA Loans
Base loan amount assumed 100% financing. Actual loan amount assumed funding fee percentage based on veteran’s prior usage of entitlement. APR calculations assume a $154,950 loan amount ($150,000 base loan amount plus $4,950 VA Funding Fee), estimated borrower paid finance charges of .75% of the loan amount, VA Funding Fee, plus discount and origination, if applicable.
