Adjustable Rate Mortgages

Rates Subject to Change Without Notice. Mortgage Rates are for Loans up to $417,000 for Owner Occupied Single Family Detached Properties Only. 

Adjustable Rate Mortgage (Purchase)

Rates as of Friday, February 3, 2012
Interest Rate Points Fully Indexed Rate Annual Percentage Rate Payments Closing Costs Apply
3/1 Adjustable Rate Mortgage Purchase
2.875% 2.000 3.070% 3.185% Show Payments and Rates $7,427.85
3.000% 1.000 3.070% 3.133% Show Payments and Rates $6,432.95
3.125% 0.000 3.070% 3.169% Show Payments and Rates $5,438.20
5/1 Adjustable Rate Mortgage Purchase
3.000% 2.000 3.070% 3.204% Show Payments and Rates $7,432.95
3.125% 1.000 3.070% 3.168% Show Payments and Rates $6,438.20
3.250% 0.000 3.070% 3.220% Show Payments and Rates $5,443.45
7/1 Adjustable Rate Mortgage Purchase
3.250% 2.000 3.070% 3.313% Show Payments and Rates $7,443.45
3.375% 1.000 3.070% 3.291% Show Payments and Rates $6,448.70
3.500% 0.000 3.070% 3.358% Show Payments and Rates $5,453.80
*The adjustable rates shown are the rates for the first year of your mortgage and are based upon a 20% down payment. At 4.25% your monthly repayment terms for the first year would be $4.92 per $1,000 borrowed. Rate adjustments will occur after one year and will be based on the average weekly yield on U.S. Treasury securities adjusted to a constant maturity of one year plus a margin of 2.75 percentage points. Other terms and conditions apply.
Adjustable Rate Mortgage (Refinance)

Rates as of Friday, February 3, 2012
Interest Rate Points Fully Indexed Rate Annual Percentage Rate Payments Closing Costs Apply
3/1 Adjustable Rate Mortgage Refinance
4.000% 2.000 3.070% 3.441% Show Payments and Rates $7,474.65
4.250% 1.000 3.070% 3.416% Show Payments and Rates $6,485.15
4.500% 0.000 3.070% 3.482% Show Payments and Rates $5,495.50
5/1 Adjustable Rate Mortgage Refinance
4.375% 2.000 3.070% 3.702% Show Payments and Rates $7,490.25
4.625% 1.000 3.070% 3.709% Show Payments and Rates $6,500.75
4.875% 0.000 3.070% 3.811% Show Payments and Rates $5,511.10
7/1 Adjustable Rate Mortgage Refinance
4.625% 2.000 3.070% 3.981% Show Payments and Rates $7,500.75
4.875% 1.000 3.070% 4.018% Show Payments and Rates $6,511.10
5.125% 0.000 3.070% 4.156% Show Payments and Rates $5,521.60
*The adjustable rates shown are the rates for the first year of your mortgage and are based upon a 20% down payment. At 4.25% your monthly repayment terms for the first year would be $4.92 per $1,000 borrowed. Rate adjustments will occur after one year and will be based on the average weekly yield on U.S. Treasury securities adjusted to a constant maturity of one year plus a margin of 2.75 percentage points. Other terms and conditions apply.

Loan advantages at
Naugatuck Valley Savings and Loan:
Fast, Friendly Service
Low Down Payment
No Point Financing Available
Automatic Payment
Extra Help-First Time Home Buyers
Pre-qualification Letter available
FDIC INSURED
FOR CURRENT RATES CALL (203) 720-5000

RATES SUBJECT TO CHANGE WITHOUT NOTICE