Mortgage Rates for Mortgage Calculators for Vermont Properties

Peoples Trust Company is a community bank with its main office in St. Albans, Vermont.  The bank has an additional five bank branches including the main office.  Peoples Trust Company has been meeting the mortgage needs of its clients since the banks inception in 1886.

The bank offers competitive fixed rate and adjustable rate products and unlike many other banks, they provide servicing on all of our loans.  Mortgage customers can always make their monthly mortgage payment in person at any one the bank locations.

The bank has fixed rate financing options that allow home loan borrowers the stability of a set monthly payment each month.  For mortgage loan borrowers that want to pay their home off faster than a standard 30 year fixed loan will allow the bank offers a bi-weekly mortgage.  This mortgage loan has the benefit up making 1 extra payment each year which reduces the amount of interest you will pay over time.  Open the bi weekly mortgage calculator and plug in the mortgage rates to see how dramatic the impact may be.

Peoples Trust Company offers some of the lowest rates and fees available in the region served by the bank.

The bank has 30 year fixed rate mortgage that has a rate of 5.125%, an APR of 5.182% and with the assistance of the mortgage calculator show a monthly mortgage payment of $952.00 on a $175,000.00 loan.

The bank has a shorter term 15 year fixed rate mortgage that has a rate of 4.875%, an APR of 4.973% and with the aid of the mortgage calculator reflects a monthly mortgage payment of $1,372.00.

Mortgage interest rates are subject to change without notice, and may vary based on credit quality, loan amount, and property type. The annual percentage rates (APR) disclosed above assume a 20% down payment on the purchase of an owner occupied one unit dwelling, with no secondary financing.  The APR does not include all the closing cost.  All loans are subject to credit approval.  Peoples Trust Company is an Equal Housing Lender.

The mortgage calculators are good resources which may help solve various financial situations regarding home purchases and refinances.  These mortgage calculators are tools intended to assist consumers in obtaining estimates on home ownership.

Peoples Trust Company can be reached at 800-203-9575.  The bank website posts current mortgage rates and additional information regarding the bank home loan products.  The web address is www.peoplestrustcompany.com.

Tags: 15 year fixed rate mortgage, 30 year mortgage rates, mortgage calculator, Vermont mortgage rates

This entry was posted on Sunday, January 25th, 2009 at 7:45 pm and is filed under Mortgage Ads and Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.