Mortgage Rates
As of July 15, 2025
Mortgage Rates (10, 15, 30 Year)
| Term | Interest Rates As Low As | Discount Points | APR* As Low As |
| Fixed Rate - 10 Years | 5.875% | 0.25% | 6.419% |
| Fixed Rate - 15 Years | 5.875% | 0.25% | 6.259% |
| Fixed Rate - 30 Years | 6.625% | 0.25% | 6.867% |
10-Year Payment Example: A fixed-rate loan of $300,000 for 10 years at 5.875% interest and 6.419% APR will have a monthly payment of $3,311.81. Taxes and insurance not included, therefore, the actual payment obligation will be greater. Includes a 1.00% loan origination fee, which may be waived for a 0.25% increase in the interest rate. Discount points are included. Occupancy restriction applies.
10-Year Loan Assumption: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 25% up to the conforming loan amount limit.
15-Year Payment Example: A fixed-rate loan of $300,000 for 15 years at 5.875% interest and 6.259% APR will have a monthly payment of $2,511.36. Taxes and insurance not included, therefore, the actual payment obligation will be greater. Includes a 1.00% loan origination fee, which may be waived for a 0.25% increase in the interest rate. Discount points are included. Occupancy restriction applies.
15-Year Loan Assumption: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 25% up to the conforming loan amount limit.
30-Year Payment Example: A fixed-rate loan of $300,000 for 30 years at 6.625% interest and 6.867% APR will have a monthly payment of $1,920.93. Taxes and insurance not included, therefore, the actual payment obligation will be greater. Includes a 1.00% loan origination fee, which may be waived for a 0.25% increase in the interest rate. Discount points are included. Occupancy restriction applies.
30-Year Loan Assumption: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 25% up to the conforming loan amount limit.
10/1 ARM
Loan Amount: $300,000 Term: 30 Years
10/1 ARM Rate Table
| Term | Interest Rate As Low As | Discount Points | APR* As Low As |
| Adjustable Rate Mortgage (10/1) | 5.875% | 0.25% | 7.582% |
10/1 ARM Payment Example
| Year | Interest Rate As Low As | APR* As Low As | Monthly Payment |
| 1-10 | 5.875% | 7.582% | $1,774.61 |
| 11-30 | 5.875% | 7.582% | $2,539.00 |
10/1 ARM Loan Assumption: Advertised rate assumes the purchase of a single-family primary residence, 720 FICO, down payment of 25% (up to 75% LTV for refinances). Taxes and insurance not included; therefore, the actual payment obligation will be greater. Payments on all ARMs are based on a 30-year amortization.
Adjustable Rate Mortgages are variable, and your Annual Percentage Rate (APR) and payment are subject to increase after loan consummation. Rate is fixed for the first 10 years, and adjusts annually thereafter, based on the fully indexed rate. The fully indexed rate is determined by adding the weekly average yield of the 1-Year Constant Maturity Treasury plus a margin of two and one-fourth percentage points (2.250%) rounded to the nearest one-eighth of one percentage points (0.125%). The initial rate can change every year after the first 10-year fixed period by no more than two percentage points (2.000%). The interest rate will never be greater than 11.000% or less than the initial rate or two and one-fourth percentage points (2.250%).
*APR equals Annual Percentage Rate. Rates effective as of 7/15/2025. Rates are reflective of a 0.25% discount. Discounts not applicable to existing SRP mortgage loans. All loans are subject to credit and property approval. The advertised rates are based on certain assumptions and loan scenarios, and the rate you may receive will vary based on creditworthiness, loan-to-value (LTV), occupancy, property type and loan purpose, and/or other factors. All combinable rate reductions, promotions, and discounts cannot fall below current floor rate. All Credit Union loan programs, rates, terms, and conditions are subject to change at any time without notice. Membership required. Visit srpfcu.org for membership eligibility. Federally insured by NCUA. NMLS# 612441.
