The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $640,000 and an estimated property value of $800,000. The property is located in Fall River, MA and is within Bristol county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The assumed credit score is 740.

At a 2.375% interest rate, the APR for this loan type is 2.431%. The monthly payment schedule would be:

179 payments of $4,229.89 at an interest rate of 2.375%
1 payment of $4,230.86 at an interest rate of 2.375%

If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.