Southern Capital Resources - Alabama Mortgage Lenders

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Current Mortgage Rates

30 Year Fixed Rate

Rate Points APR Monthly
P&I Payments
6.250% 1.000 6.59% $1,231.43

15 Year Fixed Rate
Rate Points APR Monthly
P&I Payments
5.750% 1.000 6.01% $1,660.62


30 Year Jumbo (assumes $500,000 loan amount)

Rate Points APR Monthly
P&I Payments
6.750% 1.000 7.12% $3,242.99

5 Year Adjustable Rate (Your APR may increase over the life of the loan)
Rate Points APR Monthly
P&I Payments
5.750% 1.000 6.12% $1,167.15

Purchase Price

$250,000

County

Jefferson

Loan Amount

$200,000

Escrow/Impounds?

yes

% Down Payment

20%

Loan Purpose:

purchase

Number of Monthly Payments

360 for 30 year fixed rate

Property Use:

primary residence
  180 for 15 year fixed rate

Property Type:

existing single family home

State

Alabama    

The Alabama current mortgage rates (also good for Tennessee, Georgia and Florida) shown above represent just a sampling of our loan programs. We develop targeted mortgage loan programs to meet the specific needs of each of our clients. Click here to review the various home mortgage loan programs we offer. Our loan specialists are ready to help you - call us toll free at 800.823.1727.

Our Alabama current mortgage rates, Tennessee current mortgage rates, Georgia current mortgage rates, and Florida current mortgage rates are updated daily - bookmark this page for easy future reference. The current mortgage rates shown in the table above are based on the following assumptions.

  • The interest rates, annual percentage rate (APRs), points, and credits shown are subject to change without notice.

  • Your APR will vary based on your final loan amount and finance charges.

  • "A" credit borrower.

  • Payment shown includes principle and interest only. Escrows are not included.

NOTE: This is not an offer to extend credit. Points shown include discount and origination.

Mortgage rates are dependent on many factors including the market, your credit, the term of the loan, and the points paid as a part of its origination. To understand better how these mortgage rates are determined and how they impact your mortgage loan, please contact one of our mortgage specialists.

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