Current Mortgage Rates and Interest

Mortgage Rates and APR Examples:

The following are representative 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.

Current Rates

Effective Date: Thursday, October 18, 2018 at 10:30 AM EST

Interest Rate

APR

Origination Fee 0.0%

Points 0.012

Agency fixed rates are based on a loan amount of $200,000, credit score of 720 and 20% down payment.

Estimated Payment

Amount $1088.98
Rate 5.125%
Months 360

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.

Interest Rate

APR

Origination Fee 0.0%

Points 0.280

Agency fixed rates are based on a loan amount of $200,000, credit score of 720 and 20% down payment.

Estimated Payment

Amount $1509.63
Rate 4.300%
Months 180

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.

Interest Rate

APR

Origination Fee 0.0%

Points 0.444

Jumbo rates are based on a loan amount of $500,000, credit score of 720 and a 25% down payment with relationship incentive.

Estimated Payment

Amount $2643.01
Rate 4.865%
Months 360

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.

Interest Rate

APR

Origination Fee 0.0%

Points 0.287

Agency ARM rates are based on a loan amount of $200,000, credit score of 720 and 20% down payment. Adjustable rate mortgages have interest rates which are subject to increase after consummation.

Estimated Payment

Amount $1043.29
Rate 4.750%
Months 60
Amount $1096.60
Rate 5.250%
Months 300

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.

Interest Rate

APR

Origination Fee 0.0%

Points 0.018

Agency ARM rates are based on a loan amount of $200,000, credit score of 720 and 20% down payment. Adjustable rate mortgages have interest rates which are subject to increase after consummation.

Estimated Payment

Amount $1043.29
Rate 4.750%
Months 84
Amount $1093.23
Rate 5.250%
Months 276

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.

Interest Rate

APR

Origination Fee 0.0%

Points 0.357

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

Estimated Payment

Amount $1199.37
Rate 4.900%
Months 360

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.

Interest Rate

APR

Origination Fee 0.0%

Points 0.357

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.

Estimated Payment

Amount $1061.46
Rate 4.900%
Months 360

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.

Interest Rate

APR

Origination Fee 0.0%

Points 0.109

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.

Estimated Payment

Amount $1529.99
Rate 4.500%
Months 180

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.

Interest Rate

APR

Origination Fee 0.0%

Points 0.001

VA rates are based on a loan amount of $200,000 ($500,000 for jumbo), credit score of 720 and a zero percent down payment. Clients must meet product eligibility criteria for VA Loans. VA Jumbo loans are available in eligible high cost markets.

Estimated Payment

Amount $1123.06
Rate 5.400%
Months 60
Amount $1066.18
Rate 4.875%
Months 300

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 (CMT 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.

DISCLAIMERS

Rates and program information are deemed reliable but not guaranteed. Rates on this page are based on the purchase of a single-family, single-unit, detached, primary residence located in Richmond, VA (home of SunTrust Mortgage, A Division of SunTrust Bank). Rates also assume a 30 day lock 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 720 and an LTV of 80%. Jumbo rates are based on a loan amount of $500,000, credit score of 720 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.

Contact Us to Learn More

Call 877.907.1043email us or find a loan officer servicing your community  to learn more about rates and available products.

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