APR Examples

The following are representative APR examples of products available through SunTrust Mortgage, Inc.

In addition to the origination and discount points provided, the APR also includes an average of costs a borrower would pay for tax service, flood hazard determination and closing-related services, as permitted by regulation and law.  Other charges may include, as applicable to the loan program and permitted by regulations, those for appraisals, credit reports, title insurance and other miscellaneous costs.  We will be happy to provide you with specific information on your transaction upon your request.

The following Annual Percentage Rate (“APR”) examples are for a typical transaction and are only examples. Please call 877.907.1043, email us  or find a loan officer serving your community to learn more about a specific APR for your transaction.

The example below assumes a sales price of $250,000, a loan amount of $200,000, and a down payment of 20% ($50,000). This is only an example. Please contact your local SunTrust Mortgage office for the full range of available rates.

Conventional 30 Year Fixed

Interest Rate
4.100%
APR
4.2713%
Origination Fee
1.0%
Points
0.165

Estimated Payment

Amount

Rate

Months

$966.40
4.100%
359
$964.10
4.100%
1

Disclaimer

Monthly payments shown are principal and interest only and do not include PMI, taxes, insurance or other applicable escrows. Actual payment obligation will be greater.

The example below assumes a sales price of $250,000, a loan amount of $200,000, and a down payment of 20% ($50,000). This is only an example. Please contact your local SunTrust Mortgage office for the full range of available rates.

Conventional 15 Year Fixed

Interest Rate
3.300%
APR
3.5896%
Origination Fee
1.0%
Points
0.168

Estimated Payment

Amount

Rate

Months

$1410.21
3.300%
179
$1408.54
3.300%
1

Disclaimer

Monthly payments shown are principal and interest only and do not include PMI, taxes, insurance or other applicable escrows. Actual payment obligation will be greater.

This example assumes a sales price of $625,000, a loan amount of $500,000, and a down payment of 20% ($125,000). This is only an example.  Please contact your local SunTrust Mortgage office for the full range of available rates.

Jumbo 30 Year Fixed

Interest Rate
4.200%
APR
4.3312%
Origination Fee
1.0%
Points
0.074

Estimated Payment

Amount

Rate

Months

$2445.09
4.200%
359
$2442.12
4.200%
1

Disclaimer

Monthly payments shown are principal and interest only and do not include PMI, taxes, insurance or other applicable escrows. Actual payment obligation will be greater.

The example below assumes a sales price of $250,000, a loan amount of $200,000, and a down payment of 20% ($50,000). This is only an example. Please contact your local SunTrust Mortgage office for the full range of available rates.

Agency 30 Year 5/1 ARM

Interest Rate
2.990%
APR
3.1579%
Origination Fee
1.0%
Points
0.163

Estimated Payment

Amount

Rate

Months

$842.13
2.990%
60
$843.06
2.990%
299
$840.44
2.990%
1

Disclaimer

Monthly payments shown are principal and interest only and do not include PMI, taxes, insurance or other applicable escrows. Actual payment obligation will be greater.Adjustable rate mortgages have interest rates which are subject to increase after consummation.Estimated future payments shown are based on current index plus margin (LIBOR plus 2.25%). Actual payments will reflect then-applicable index/margin at each re-pricing interval, which may be higher than the estimates shown above.

The example below assumes a sales price of $250,000, a loan amount of $200,000, and a down payment of 20% ($50,000). This is only an example. Please contact your local SunTrust Mortgage office for the full range of available rates.

Agency 30 Year 7/1 ARM

Interest Rate
3.250%
APR
3.2713%
Origination Fee
1.0%
Points
0.031

Estimated Payment

Amount

Rate

Months

$870.41
3.250%
84
$848.61
3.250%
275
$845.69
3.250%
1

Disclaimer

Monthly payments shown are principal and interest only and do not include PMI, taxes, insurance or other applicable escrows. Actual payment obligation will be greater.Adjustable rate mortgages have interest rates which are subject to increase after consummation.Estimated future payments shown are based on current index plus margin (LIBOR plus 2.25%). Actual payments will reflect then-applicable index/margin at each re-pricing interval, which may be higher than the estimates shown above.

The example below assumes a sales price of $163,000, a loan amount of $160,048 which includes upfront MIP and has a down payment of 3.5% ($5,705). This is only an example. Please contact your local SunTrust Mortgage office for the full range of available rates.

FHA 30 Year Fixed

Interest Rate
3.875%
APR
5.0463%
Origination Fee
1.0%
Points
0.035

Estimated Payment

Amount

Rate

Months

$863.12
3.875%
348
$755.96
3.875%
11
$752.60
3.875%
1

Disclaimer

Monthly payments shown are principal and interest only and do not include PMI, taxes, insurance or other applicable escrows. Actual payment obligation will be greater.

The example below assumes a sales price of $250,000 a loan amount of $254,319, which includes an average VA Funding Fee and has a down payment of 0% ($0). This is only an example. Please contact you r local SunTrust Mortgage office for the full range of available rates.

VA 30 Year Fixed

Interest Rate
3.900%
APR
4.1782%
Origination Fee
1.0%
Points
0.058

Estimated Payment

Amount

Rate

Months

$1199.55
3.900%
359
$1194.01
3.900%
1

Disclaimer

Monthly payments shown are principal and interest only and do not include PMI, taxes, insurance or other applicable escrows. Actual payment obligation will be greater.

The example below assumes a sales price of $250,000 a loan amount of $252,627, which includes an average VA Funding Fee and has a down payment of 0% ($0). This is only an example. Please contact your local SunTrust Mortgage office for the full range of available rates.

VA 15 Year Fixed

Interest Rate
3.250%
APR
3.6668%
Origination Fee
1.0%
Points
0.247

Estimated Payment

Amount

Rate

Months

$1775.14
3.250%
179
$1773.07
3.250%
1

Disclaimer

Monthly payments shown are principal and interest only and do not include PMI, taxes, insurance or other applicable escrows. Actual payment obligation will be greater.

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