Current Mortgage Rates and Interest

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    Mortgage Rates and APR Examples:

    The following are representative Mortgage Rates and APR examples of products available through SunTrust Bank. 

    In addition to 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.

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

    Current Rates

    Effective Date: Friday, February 18, 2022 at 11:00 AM EST

    Rate Type

    Interest Rate

    APR

    Origination
    Fee Question mark Icon Origination Fee
    An origination fee is the fee charged by a lender to cover administrative costs during the processing of the loan, often expressed as a percentage of the loan amount.

    Points Question mark Icon Discount Points
    Discount points are a one-time charge imposed by the lender to lower the rate at which the lender would otherwise offer the loan to you. Each point is equal to one percent (1%) of the mortgage amount. For example, if a lender charges two points on an $80,000 loan this amounts to a charge of $1,600.

    Months

    Monthly Payment

    Interest Rate

    APR

    Origination
    Fee

    Points

    Months

    Monthly Payment

    30 Year Fixed Purchase

    4.100%

    4.1540%

    0.00%

    -0.105

    360

    $966.40

    4.100%

    4.1540%

    Question mark Icon

    0.00%

    Question mark Icon

    -0.105

    360

    $966.40

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    Agency fixed rates are based on a loan amount of $200,000, credit score of 740 and 20% down payment.

    Apply Now
    Learn More

    30 Year Fixed Purchase

    3.875%

    4.0037%

    0.00%

    0.797

    360

    $940.48

    3.875%

    4.0037%

    Question mark Icon

    0.00%

    Question mark Icon

    0.797

    360

    $940.48

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    Agency fixed rates are based on a loan amount of $200,000, credit score of 740 and 20% down payment.

    Apply Now
    Learn More

    30 Year Fixed Purchase

    3.625%

    3.8517%

    0.00%

    1.991

    360

    $912.11

    3.625%

    3.8517%

    Question mark Icon

    0.00%

    Question mark Icon

    1.991

    360

    $912.11

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    Agency fixed rates are based on a loan amount of $200,000, credit score of 740 and 20% down payment.

    Apply Now
    Learn More

    30 Year Fixed Refinance

    4.375%

    4.4249%

    0.00%

    -0.163

    360

    $998.58

    4.375%

    4.4249%

    Question mark Icon

    0.00%

    Question mark Icon

    -0.163

    360

    $998.58

    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.

    Refinance to reduce your monthly payments, own your home sooner, or lock in a fixed rate to enjoy predictable monthly payments.

    Agency fixed refinance rates are based on an owner-occupied home with 80% loan to value, a loan amount of $200,000 and credit score of 740.  

    Apply Now
    Learn More

    30 Year Fixed Refinance

    4.100%

    4.2272%

    0.00%

    0.760

    360

    $966.40

    4.100%

    4.2272%

    Question mark Icon

    0.00%

    Question mark Icon

    0.760

    360

    $966.40

    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.

    Refinance to reduce your monthly payments, own your home sooner, or lock in a fixed rate to enjoy predictable monthly payments.

    Agency fixed refinance rates are based on an owner-occupied home with 80% loan to value, a loan amount of $200,000 and credit score of 740.  

    Apply Now
    Learn More

    30 Year Fixed Refinance

    3.875%

    4.0769%

    0.00%

    1.662

    360

    $940.48

    3.875%

    4.0769%

    Question mark Icon

    0.00%

    Question mark Icon

    1.662

    360

    $940.48

    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.

    Refinance to reduce your monthly payments, own your home sooner, or lock in a fixed rate to enjoy predictable monthly payments.

    Agency fixed refinance rates are based on an owner-occupied home with 80% loan to value, a loan amount of $200,000 and credit score of 740.  

    Apply Now
    Learn More

    15 Year Fixed Purchase

    3.250%

    3.3345%

    0.00%

    -0.168

    180

    $1,405.34

    3.250%

    3.3345%

    Question mark Icon

    0.00%

    Question mark Icon

    -0.168

    180

    $1,405.34

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    Agency fixed rates are based on a loan amount of $200,000, credit score of 740 and 20% down payment.

    Apply Now
    Learn More

    15 Year Fixed Purchase

    2.990%

    3.2207%

    0.00%

    0.839

    180

    $1,380.21

    2.990%

    3.2207%

    Question mark Icon

    0.00%

    Question mark Icon

    0.839

    180

    $1,380.21

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    Agency fixed rates are based on a loan amount of $200,000, credit score of 740 and 20% down payment.

    Apply Now
    Learn More

    15 Year Fixed Purchase

    2.700%

    3.0922%

    0.00%

    1.952

    180

    $1,352.49

    2.700%

    3.0922%

    Question mark Icon

    0.00%

    Question mark Icon

    1.952

    180

    $1,352.49

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    Agency fixed rates are based on a loan amount of $200,000, credit score of 740 and 20% down payment.

    Apply Now
    Learn More

    15 Year Fixed Refinance

    3.490%

    3.5670%

    0.00%

    -0.223

    180

    $1,428.79

    3.490%

    3.5670%

    Question mark Icon

    0.00%

    Question mark Icon

    -0.223

    180

    $1,428.79

    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.

    Refinance to reduce your monthly payments, own your home sooner, or lock in a fixed rate to enjoy predictable monthly payments.

    Agency fixed refinance rates are based on an owner-occupied home with 80% loan to value, a loan amount of $200,000 and credit score of 740.  

    Apply Now
    Learn More

    15 Year Fixed Refinance

    3.200%

    3.4388%

    0.00%

    0.885

    180

    $1,400.49

    3.200%

    3.4388%

    Question mark Icon

    0.00%

    Question mark Icon

    0.885

    180

    $1,400.49

    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.

    Refinance to reduce your monthly payments, own your home sooner, or lock in a fixed rate to enjoy predictable monthly payments.

    Agency fixed refinance rates are based on an owner-occupied home with 80% loan to value, a loan amount of $200,000 and credit score of 740.  

    Apply Now
    Learn More

    15 Year Fixed Refinance

    2.990%

    3.3484%

    0.00%

    1.704

    180

    $1,380.21

    2.990%

    3.3484%

    Question mark Icon

    0.00%

    Question mark Icon

    1.704

    180

    $1,380.21

    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.

    Refinance to reduce your monthly payments, own your home sooner, or lock in a fixed rate to enjoy predictable monthly payments.

    Agency fixed refinance rates are based on an owner-occupied home with 80% loan to value, a loan amount of $200,000 and credit score of 740.  

    Apply Now
    Learn More

    Jumbo 30 Yr. Fixed Purchase

    3.750%

    3.7732%

    0.00%

    -0.156

    360

    $2,315.58

    3.750%

    3.7732%

    Question mark Icon

    0.00%

    Question mark Icon

    -0.156

    360

    $2,315.58

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    Loans up to $3 million at highly competitive rates and no mortgage insurance.

    Jumbo rates are based on a loan amount of $500,000, credit score of 730 and a 25% down payment with relationship incentive.

    Apply Now
    Learn More

    Jumbo 30 Yr. Fixed Purchase

    3.575%

    3.6776%

    0.00%

    0.818

    360

    $2,266.21

    3.575%

    3.6776%

    Question mark Icon

    0.00%

    Question mark Icon

    0.818

    360

    $2,266.21

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    Loans up to $3 million at highly competitive rates and no mortgage insurance.

    Jumbo rates are based on a loan amount of $500,000, credit score of 730 and a 25% down payment with relationship incentive.

    Apply Now
    Learn More

    FHA 30 Year Fixed Purchase

    4.000%

    4.9850%

    0.00%

    -0.081

    360

    $1,092.61

    4.000%

    4.9850%

    Question mark Icon

    0.00%

    Question mark Icon

    -0.081

    360

    $1,092.61

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    FHA rates are based on a loan amount of $200,000, credit score of 660 and a 3.5% down payment.

    Apply Now
    Learn More

    FHA 30 Year Fixed Purchase

    3.600%

    4.6684%

    0.00%

    0.970

    360

    $1,047.00

    3.600%

    4.6684%

    Question mark Icon

    0.00%

    Question mark Icon

    0.970

    360

    $1,047.00

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    FHA rates are based on a loan amount of $200,000, credit score of 660 and a 3.5% down payment.

    Apply Now
    Learn More

    FHA 30 Year Fixed Purchase

    3.375%

    4.5064%

    0.00%

    1.762

    360

    $1,021.86

    3.375%

    4.5064%

    Question mark Icon

    0.00%

    Question mark Icon

    1.762

    360

    $1,021.86

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    FHA rates are based on a loan amount of $200,000, credit score of 660 and a 3.5% down payment.

    Apply Now
    Learn More

    VA 30 Year Fixed Purchase

    4.000%

    4.2383%

    0.00%

    -0.238

    360

    $954.84

    4.000%

    4.2383%

    Question mark Icon

    0.00%

    Question mark Icon

    -0.238

    360

    $954.84

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    VA rates are based on a loan amount of $200,000, credit score of 720 and a zero percent down payment. Clients must meet product eligibility criteria for VA Loans.

    Apply Now
    Learn More

    VA 30 Year Fixed Purchase

    3.600%

    3.9173%

    0.00%

    0.779

    360

    $909.30

    3.600%

    3.9173%

    Question mark Icon

    0.00%

    Question mark Icon

    0.779

    360

    $909.30

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    VA rates are based on a loan amount of $200,000, credit score of 720 and a zero percent down payment. Clients must meet product eligibility criteria for VA Loans.

    Apply Now
    Learn More

    VA 30 Year Fixed Purchase

    3.250%

    3.6532%

    0.00%

    1.895

    360

    $870.42

    3.250%

    3.6532%

    Question mark Icon

    0.00%

    Question mark Icon

    1.895

    360

    $870.42

    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.

    Enjoy easier budgeting with predictable monthly payments and protection from higher interest rates in the future.

    VA rates are based on a loan amount of $200,000, credit score of 720 and a zero percent down payment. Clients must meet product eligibility criteria for VA Loans.

    Apply Now
    Learn More

    DISCLAIMERS

    Rates and program information are deemed reliable but not guaranteed. Rates on this page are based on the purchase (or refinance where noted) of a single-family, single-unit, detached, primary residence located in Richmond, VA (home of SunTrust Mortgage). Rates also assume a 30 day lock for purchase and 90 day lock for refinance, and are subject to change without prior written notice. All rates are subject to length of lock, pricing adjustments for credit score, loan-to-value, property location and additional factors based on loan program. Product parameters may vary due to additional restrictions, including but not limited to program/qualification requirements, actual loan amount and additional limitations/restrictions based on local market conditions.

    Agency rates are based on loan amounts of $200,000, credit score of 740 and an LTV of 80%. Jumbo rates are based on a loan amount of $500,000, credit score of 730 and an LTV of 75% with relationship incentive.

    FHA rates are based on a loan amount of $200,000, credit score of 660 and an LTV of 96.5%.

    VA rates are based on a loan amount of $200,000, credit score of 720 and an LTV of 100%. Clients must meet product eligibility criteria for VA Loans.

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    • Are Not FDIC or any other Government Agency Insured
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    • May Lose Value

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    Services provided by the following affiliates of Truist Financial Corporation: Banking products and services, including loans and deposit accounts, are provided by SunTrust Bank and Branch Banking and Trust Company, both now Truist Bank, Member FDIC. Trust and investment management services are provided by SunTrust Bank and Branch Banking and Trust Company, both now Truist Bank, and SunTrust Delaware Trust Company. Securities, brokerage accounts and /or insurance (including annuities) are offered by Truist Investment Services, Inc. (d/b/a SunTrust Investment Services, Inc.), and P.J. Robb Variable Corp., which are SEC registered broker-dealers, members FINRALink opens a new window, SIPCLink opens a new window, and a licensed insurance agency where applicable. Investment advisory services are offered by Truist Advisory Services, Inc. (d/b/a SunTrust Advisory Services, Inc.), GFO Advisory Services, LLC, BB&T Securities, LLC, Sterling Capital Management, LLC, and Precept Advisory Group, LLC, each SEC registered investment advisers. Sterling Capital Funds are advised by Sterling Capital Management, LLC. Mortgage products and services are offered through SunTrust Mortgage, a tradename for SunTrust Bank now Truist Bank.  Life insurance products are offered through Truist Life Insurance Services, a division of Crump Life Insurance Services, Inc., AR license #100103477, a wholly owned subsidiary of Truist Insurance Holdings, Inc.

    "Truist Advisors" may be officers and/or associated persons of the following affiliates of Truist Financial Corporation: SunTrust Bank now Truist Bank, our commercial bank, which provides banking, trust and asset management services; Truist Investment Services, Inc., a registered broker-dealer, which is a member of FINRALink opens a new window and SIPCLink opens a new window, and a licensed insurance agency, and which provides securities, annuities and life insurance products; Truist Advisory Services, Inc., an SEC registered investment adviser which provides Investment Advisory services.

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    Thank you for choosing SunTrust now Truist. We welcome the opportunity to serve your financial needs. While SunTrust and BB&T have merged to become Truist, both institutions will continue to offer independent product lines for a period of time. This may include differing underwriting guidelines, product features, terms, fees, and pricing.

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