Matthew B. Ramsey

Calculators are provided by Leadfusion. This calculator is being provided for educational purposes only.

The results are estimates that are based on information you provided and may not reflect U.S. Bank product terms. The

information cannot be used by U.S. Bank to determine a customer's eligibility for a specific product or service. All

financial calculators are provided by the third-party Leadfusion and are not associated, controlled by or under the

control of U.S. Bank, its affiliates or subsidiaries. U.S. Bank is not responsible for the content, results, or the

accuracy of information.

1. The rates above assume you have a down payment, or equity, of at least 25% for

a conventional fixed-rate loan, an adjustable-rate mortgage (ARM) loan or a jumbo loan, at least 3.5% for an FHA loan

and 0% for a VA loan.

Conforming fixed-rate estimated monthly payment and APR example: A

$464,000 loan amount with a 30-year term at an interest rate of 6.500% with a down-payment, or borrower equity of 25%

and no discount points purchased would result in an estimated monthly principal and interest payment of $2,933 over

the full term of the loan with an annual percentage rate (APR) of 6.667%.

Estimated monthly payment and APR calculation are based on a down-payment, or borrower equity of 25% and

borrower-paid finance charges of 0.862% of the base loan amount. If the down payment, or borrower equity is less than

20%, mortgage insurance may be required, which could increase the monthly payment and the APR. Estimated monthly

payment does not include amounts for taxes and insurance premiums and the actual payment obligation will be greater.

ARM estimated monthly payment and APR example: A $464,000 loan

amount with a 30-year term at an interest rate of 6.875% with a down payment, or borrower equity of 25% and no discount

points purchased would result in an initial estimated monthly principal and interest payment of $3,048 with an annual percentage rate (APR)

of 7.488%.

Estimated monthly payment and APR calculation are based a fixed-rate period of five years that could change

in interest rate every six months for the next 25 years of the loan term, a down-payment, or borrower equity of

25% and borrower-paid finance charges of 0.862% of the base loan amount, plus origination fees if applicable. After

the five-year introductory period: the APR is variable and is based upon an index plus a margin. The APR will vary

with a predetermined index known as the Secured Overnight Financing Rate (SOFR). If the down payment, or borrower equity is less

than 20%, mortgage insurance may be required, which could increase the monthly payment and the APR. Estimated monthly

payment does not include amounts for taxes and insurance premiums. Adjustable-rate loans and rates are subject to

change during the loan term. That change can increase or decrease your monthly payment.

FHA estimated monthly payment and APR example: A $265,375 base loan amount with a

30-year term at an interest rate of 6.250% with a down payment, or borrower equity of 3.5% and no discount points

purchased would result in an estimated monthly principal and interest payment of $1,663 over the full term of the loan

with an annual percentage rate (APR) of 7.478%.

Estimated monthly payment and APR calculation are based on a down payment, or borrower equity of 3.5%

and borrower-paid finance charges of 0.862% of the base loan amount. Estimated monthly payment and APR assumes that

the upfront mortgage insurance premium of $4,644 is financed into the loan amount. The estimated monthly payment shown

here does not include the FHA-required monthly mortgage insurance premium, taxes and insurance premiums, and the

actual payment obligation will be greater.

VA estimated monthly payment and APR example: A $264,000 base loan amount with a

30-year term at an interest rate of 6.250% with no down payment, or borrower equity and no discount points purchased

would result in an estimated monthly principle and interest payment of $1,663 over the full term of the loan with an annual percentage rate (APR) of 6.663%.

Estimated monthly payment and APR calculation are based on a down payment, or borrower equity of 0% and

borrower-paid finance charges of 0.862% of the base loan amount, plus origination fees if applicable. Estimated

monthly payment and APR assumes that the VA funding fee of $6,072 is financed into the loan amount. Estimated monthly

payment does not include amounts for taxes and insurance premiums, and the actual payment obligation will be greater.

Jumbo estimated monthly payment and APR example: A $940,000 loan amount with a 30-year

term at an interest rate of 5.625% with a down payment, or borrower equity of 25% and no discount points purchased

would result in an estimated monthly principle and interest payment of $5,411 over the full term of the loan with an annual percentage rate (APR) of 5.784%.

Estimated monthly payment and APR calculation are based on a down payment, or borrower equity of 25% and

borrower-paid finance charges of 0.862% of the base loan amount. If the down payment, or borrower equity is less than

20%, mortgage insurance may be required, which could increase the monthly payment and the APR. Estimated monthly

payment does not include amounts for taxes and insurance premiums and the actual payment

obligation will be greater.The rates shown above are the current rates for a single-family

primary residence based on a 45-day lock period. These rates are not guaranteed and are subject to change. This is not

a credit decision or a commitment to lend. Your final rate will depend on various factors including loan product, loan

size, credit profile, property value, geographic location, occupancy and other factors.

To lock a rate, you must submit an application to U.S. Bank

and receive confirmation from a mortgage loan officer that your rate is locked. Application can be made by

starting it online or by meeting with a mortgage loan officer.

Minnesota properties: To guarantee a rate, you must receive

written confirmation as required by Minnesota Statute 47.206. This statement of current loan terms and conditions is

not an offer to enter into an interest rate or discount point agreement. Any such offer may be made only pursuant to

subdivisions 3 and 4 of Minnesota Statutes Section 47.206.

Conforming fixed-rate loans:  The annual percentage rate (APR) calculation assumes a

$464,000 fixed-term loan with a down payment, or borrower equity of 25% and borrower-paid finance charges of 0.862% of the

loan amount, plus origination fees if applicable. If the down payment, or borrower equity is less than 20%, mortgage

insurance may be required, which could increase the monthly payment and the APR. Conforming rates are for loan amounts not exceeding $766,550 ($1,149,825 in AK and HI).

Conforming ARM loans: Adjustable-rate loans and rates are subject

to change during the loan term. That change can increase or decrease your monthly payment. The annual percentage rate (APR) calculation assumes a

$464,000 loan

with a 25% down payment, or borrower equity, and borrower-paid finance charges of 0.862% of the loan amount, plus

origination fees if applicable. If the down payment or borrower equity, is less than 20%, mortgage insurance may be

required, which could increase the monthly payment and the APR. Conforming rates are for loan

amounts not exceeding $766,550 ($1,149,825 in AK and HI).

Non-conforming ARM loans: Adjustable-rate loans and rates

are subject to

change during the loan term. That change can increase or decrease your monthly payment. The annual percentage rate (APR) calculation assumes a

$940,000 loan with a down payment, or borrower equity, of 25% and borrower-paid finance charges of 0.862% of the loan

amount, plus origination fees if applicable. If the down payment, or borrower equity is less than 20%, mortgage

insurance may be required, which could increase the monthly payment and the APR. Non-conforming rates are for loan

amounts exceeding $766,550 ($1,149,825 in AK and HI).

Jumbo loans: The annual percentage rate (APR) calculation assumes a

$940,000 fixed-term loan with a 25% down payment or borrower equity and borrower-paid finance charges of 0.862% of the loan

amount, plus origination fees if applicable. If the down payment, or borrower equity, is less than 20%, mortgage insurance

may be required, which could increase the monthly payment and the APR. Jumbo rates are for loan amounts exceeding

$766,550 ($1,149,825 in Alaska and Hawaii).

FHA loans: The annual percentage rate (APR) calculation assumes a

$270,019 fixed-term loan ($265,375 base amount plus $4,644 upfront mortgage insurance premium) with a 3.5% down

payment, or borrower equity, monthly mortgage insurance premium of $176.30, and borrower-paid finance charges of

0.862% of the base loan amount, plus origination fees if applicable.

VA loans: The annual percentage rate (APR) calculation assumes a

$270,072 fixed-term loan ($264,000 base amount plus $6,072 VA funding fee) with no down payment, or borrower

equity and borrower-paid finance charges of 0.862% of the base loan amount, plus origination fees if applicable.