Lowell Co-operative Bank
Hours Contact Us Directions Links Privacy Policy Home Lowell Co-operative Bank

(c) 2002 Lowell Co-operative Bank

 

Home Mortgage Rates

Use our Mortgage Calculator to estimate your monthly payments.

Apply for a Mortgage PreQualification online.

Conforming Loans (up to $417,000)*
(Effective: Sunday, May 11, 2008)
Program
 Interest Rate
Points
APR
Monthly Payments
per $1000 borrowed
30 Year Fixed Rate Mortgage (up to $417,000)
(PLEASE CALL THE BANK FOR THE MOST CURRENT RATE 978-454-7619)
 5.625%
25.818%
$5.76
5.875%
15.976%
$5.92
6.125%
06.133%
$6.08
6.500%
No Points
No Closing Costs
6.501%
$6.32
Five/One 30 Year ARM
(Caps: 2% Annual; 5% Lifetime; Term up to 30 Years; Current Index: 1.93%; Current Discount: .33% Rate is based on the constant maturity of the one year US Treasury Securities, plus a margin of 2.75% and are set at the time of application. Annual percent)
 5.000%
04.768%
$5.37
15 Year Fixed Rate Mortgage (up to $417,000)
(PLEASE CALL THE BANK FOR THE MOST CURRENT RATE 978-454-7619)
 5.125%
25.445%
$7.97
5.375%
15.542%
$8.10
5.750%
05.764%
$8.30
6.125%
No Points
No Closing Costs
6.127%
$8.51
*Pricing based on loan amount of $417,000 and 30-days pre-paid interest. Single Family homes. OTHER TERMS AND RATES AVAILABLE. PLEASE CALL THE MORTGAGE DEPARTMENT AT 978-454-7619.


Jumbo Loans (over $417,000)*
(Effective: Sunday, May 11, 2008)
Program
 Interest Rate
Points
APR
Monthly Payments
per $1000 borrowed
30 Year Fixed Rate Mortgage (over $417,000)
(PLEASE CALL THE BANK FOR THE MOST CURRENT RATE 978-454-7619)
 7.250%
27.463%
$6.82
7.875%
17.990%
$7.25
8.500%
08.510%
$7.69
8.750%
No Points
No Closing Costs
8.752%
$7.87
*Pricing based on loan amount of $417,001 and 30-days pre-paid interest. Single Family homes. OTHER TERMS AND RATES AVAILABLE. PLEASE CALL THE MORTGAGE DEPARTMENT AT 978-454-7619.