The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $250,000 and an estimated property value of $250,000. The property is located in Fall River, MA and is within Bristol county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The assumed credit score is 740.

At a 2.625% interest rate, the APR for this loan type is 2.881%. The monthly payment schedule would be:

359 payments of $1,004.13 at an interest rate of 2.6250%
1 payment of $1,002.05 at an interest rate of 2.625%