Payment Schedule

The rates and payment schedules presented below presume: 1) a mortgage loan amount of $100,000; 2) the collateral being secured is a single family residence located in the State of Florida and; 3) on a purchase price or current market value of $125,000.

Current Rate for a 30 year mortgage of 4.50%
Number of Payments Payment
359 payments of $506.69
1 payment of $506.69

Current Rate for a 15 year mortgage of 3.50%
Number of Payments Payment
179 Payments of $714.88
1 payment of $714.88

The payment does not include amounts for taxes and insurance. If an escrow account is required or requested, the actual payment will be greater to include amounts for these items.

About These Rates

Assumes Excellent Credit

The interest rates and mortgage products displayed are subject to change and availability. The actual mortgage product you qualify for will depend upon the verification of the value of your home, your credit score and other considerations. The products displayed are based upon customers who have not been late on any mortgage payment, been discharged in bankruptcy or have been subject to foreclosure. All displayed product options are conventional mortgage products. Non Conforming products are also available. We invite you to contact your mortgage consultant about these.

A Loan-to-Value of 80%

The interest rates and mortgage products displayed are subject to change and availability. The actual mortgage product you qualify for will depend upon the verification of the value of your home, your credit score and other considerations. The products displayed are based upon customers who have not been late on any mortgage payment, been discharged in bankruptcy or have been subject to foreclosure. All displayed product options are conventional mortgage products. Non Conforming products are also available. We invite you to contact your mortgage consultant about these and other products offered by IFB. Products offered online are limited and additional options may be available. Call 305-648-8892 to speak with one of our experienced Mortgage Consultants.