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Home and Non-Home Loans


1. Adjustable rate mortgage (ARM) loan rates are variable and may increase at the specified adjustment period; subject to change without notice. The APR is fixed for the first 5 years (no rate adjustments occur during this time frame) and adjusts annually for the remaining term of the loan. At time of each adjustment, the APR will not change more than 2%. The maximum rate over the life of the loan is the original plus 6% (fully indexed rate).

*Sample payments for variable rates based on estimated information:

  • 240 month term based on estimated information: Loan amount of $200,000.00; variable 4.24% APR; initial 60 monthly payments (fixed for the first 5 years) are $1,237.40, followed by 180 monthly payments that could be as high as $1,793.02.
  • 240 month term based on estimated information: Loan amount of $200,000.00; variable 4.74% APR; initial 60 monthly payments (fixed for the first 5 years) are $1,291.36, followed by 180 monthly payments that could be as high as $1,861.19.
  • 360 month term based on estimated information: Loan amount of $200,000.00; variable

    4.44% APR; initial 60 monthly payments (fixed for the first 5 years) are $1,006.25, followed by 300 monthly payments that could be as high as $1,712.02.

  • 360 month term based on estimated information: Loan amount of $200,000.00; variable 4.94% APR; initial 60 monthly payments (fixed for the first 5 years) are $1,066.32, followed by 300 monthly payments that could be as high as $1,790.56.

Payment does not include amounts for taxes and insurance, and your actual payment may be higher.

Important terms and conditions for advertised Flex Five Home Loans:

  • Annual percentage rate (APR) is based on primary residence and credit worthiness. Loan-to-value up to 80%. APRs are variable based on an index plus a margin and may increase after closing; subject to change without notice. Automatic payment discount from a Zions Bank® account available where applicable. Property values will be determined by lender—any external appraisal requested by applicant will be at the applicant's expense. First lien position required. Loans subject to credit approval; terms and conditions apply. Contact a Financial Center for full details.


Category: Finance

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