The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $100,000 and an estimated property value of $200,000. The property is located in Bedford, MA and is within Middlesex county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 55 days and the assumed credit score is 740. ARM = Adjustable Rate Mortgage.

At a 3.125% interest rate, the APR for this loan type is 3.348%. The monthly payment schedule would be:

If an escrow account is required, the actual monthly payment will also include amounts for real estate taxes and insurance premiums, if applicable.