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* Adjustable-Rate Mortgage: The initial payment on a 30-year $200,000 7-year Adjustable-Rate Loan at 2.75% and 70% loan-to-value (LTV) is $816.49 with 1.875 points due at closing. The Annual Percentage Rate (APR) is 3.224%. After 7 years, the principal and interest payment is $859.23. The Annual Percentage Rate (APR) is 3.224% and can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable.