APR Examples

The following are representative 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.

30 Year Fixed Conventional

Interest Rate
4.3%
APR
4.4091%
Origination Fee
1%
Points
0.04

Estimated Payment

Amount

Rate

Months

$989.75
4.3%
359
$984.54
1

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.

15 Yr Fixed Conventional

Interest Rate
3.3%
APR
3.4932%
Origination Fee
1%
Points
0.087

Estimated Payment

Amount

Rate

Months

$1410.21
3.3%
179
$1408.54
1

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.

30 Year Jumbo Fixed

Interest Rate
4.625%
APR
4.7316%
Origination Fee
1%
Points
0.095

Estimated Payment

Amount

Rate

Months

$2570.70
4.625%
359
$2568.82
1

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 5/1 ARM 30 Yr

Interest Rate
2.99%
APR
2.9314%
Origination Fee
1%
Points
0.013

Estimated Payment

Amount

Rate

Months

$842.13
2.99%
60
$820.12
299
$819.98
1

Disclaimer

Adjustable rate mortgages have interest rates which are subject to increase after consummation.

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 7/1 ARM 30 Yr

Interest Rate
3.4%
APR
3.1643%
Origination Fee
1%
Points
0.078

Estimated Payment

Amount

Rate

Months

$886.96
3.4%
84
$830.22
275
$826.55
1

Disclaimer

Adjustable rate mortgages have interest rates which are subject to increase after consummation.

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.

30 Yr FHA - Fixed

Interest Rate
4%
APR
5.6474%
Origination Fee
1%
Points
0.291

Estimated Payment

Amount

Rate

Months

$939.64
4%
348
$769.50
11
$765.09
1