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$660 monthly payment assumes an interest-only payment for 3 years, based on a $200,000 loan amount with a buydown of 2 points for a 30-year, 3-year Adjustable Rate Mortgage at 3.875% (4.039% Annual Percentage Rate). Following the 3-year fixed-rate period, the rate will adjust annually. Rate is subject to change daily without notice and may not be available from all lenders in our network. The quotes you receive for comparable products may be higher depending on your property location, credit score, loan-to-value ratio, debt-to-income ratio, changes in interest rates, and other factors.
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