Current Alaska Mortgage Rates
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| Purchase Price | $400,000 |
| Loan Amount | $300,000 (75%) |
| Loan Purpose | Purchase |
| Property Use | Primary Residence |
| Property Type | Single Family Residence |
| Property Location | Anchorage/Eagle River, Alaska |
| Lock Period | 45 Days |
| Credit | Excellent (FICO >= 780) |
30 Year Fixed Rate Mortgage - Conventional
| Rate | APR | Points | Estimated Payment | Closing Costs | Estimated Cash-to-Close | Payback Months* | |
6.250% | 6.441% | 1.663% | $2,540.81 | $6,916.50 | $112,858.89 | 69 | apply |
| 6.375% | 6.513% | 1.102% | $2,565.27 | $5,233.50 | $111,176.92 | apply | |
| 6.500% | 6.587% | 0.574% | $2,589.86 | $3,649.50 | $109,593.94 | 64 | apply |
| 6.625% | 6.673% | 0.165% | $2,614.59 | $2,422.50 | $108,367.97 | 57 | apply |
| 6.750% | 6.768% | 0.000% | $2,639.45 | $1,507.50 | $107,454.00 | 50 | apply |
15 Year Fixed Rate Mortgage - Conventional
5/1 ARM - Conventional
| Rate | APR | Points | Estimated Payment | Closing Costs | Estimated Cash-to-Close | Payback Months* | |
| 6.375% | 7.282% | 2.097% | $2,565.27 | $8,218.50 | $114,161.92 | -4 | apply |
| 6.500% | 7.334% | 2.097% | $2,589.86 | $8,218.50 | $114,162.94 | -4 | apply |
Alaska Mortgage Rates16 January 2025, 8:35am
VA Loan Quote Parameters
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Purchase Price $400,000 Loan Amount $400,000 (100%) Loan Purpose Purchase Property Use Primary Residence Property Type Existing Single Family Residence Property Location Alaska - Anchorage/Eagle River Lock Period 45 Days Credit Excellent (FICO >= 720)
30 Year Fixed Rate Mortgage - VA
| Rate | APR | Points | Estimated Payment | Closing Costs | Estimated Cash-to-Close | Payback Months* | |
| 5.750% | 6.118% | 1.540% | $3,078.14 | $7,868.94 | $13,824.33 | 60 | apply |
| 5.875% | 6.199% | 1.059% | $3,110.68 | $5,903.57 | $11,860.36 | apply | |
| 6.000% | 6.276% | 0.549% | $3,143.42 | $3,819.71 | $9,777.90 | 64 | apply |
| 6.125% | 6.375% | 0.263% | $3,176.36 | $2,651.12 | $8,610.71 | 50 | apply |
| 6.250% | 6.473% | 0.000% | $3,209.48 | $1,474.35 | $7,435.34 | 45 | apply |
15 Year Fixed Rate Mortgage - VA
| Rate | APR | Points | Estimated Payment | Closing Costs | Estimated Cash-to-Close | Payback Months* | |
| 5.250% | 5.815% | 1.259% | $3,978.30 | $6,720.77 | $12,670.56 | 17 | apply |
| 5.375% | 5.924% | 1.144% | $4,005.22 | $6,250.88 | $12,202.07 | apply | |
| 5.500% | 6.051% | 1.146% | $4,032.26 | $6,259.06 | $12,211.65 | 0 | apply |
| 5.625% | 6.178% | 1.148% | $4,059.43 | $6,267.23 | $12,221.22 | 0 | apply |
| 5.750% | 6.097% | 0.000% | $4,086.72 | $1,008.55 | $6,963.94 | 64 | apply |
Alaska Mortgage Rates16 January 2025, 8:35am
FHA Loan Quote Parameters
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Purchase Price $400,000 Loan Amount $386,000 (96.5%) Loan Purpose Purchase Property Use Primary Residence Property Type Existing Single Family Residence Property Location Alaska - Anchorage/Eagle River Lock Period 45 Days Credit Good (FICO >= 680)
30 Year Fixed Rate Mortgage - FHA
| Rate | APR | Points | Estimated Payment | Closing Costs | Estimated Cash-to-Close | Payback Months* | |
| 5.750% | 6.655% | 1.695% | $3,161.55 | $8,823.70 | $28,776.59 | 65 | apply |
| 5.875% | 6.730% | 1.179% | $3,192.86 | $6,797.08 | $26,751.32 | apply | |
| 6.000% | 6.808% | 0.691% | $3,224.35 | $4,880.44 | $24,836.02 | 61 | apply |
| 6.125% | 6.886% | 0.219% | $3,256.03 | $3,026.63 | $22,983.56 | 60 | apply |
| 6.250% | 6.996% | 0.049% | $3,287.90 | $2,358.95 | $22,317.22 | 47 | apply |
| 6.375% | 7.078% | 0.000% | $3,319.94 | $670.10 | $20,629.72 | 48 | apply |
* "Payback Months" is how long it will take you to make back the higher closing costs with the lower rate if
you "buy down" the rate, compared to the highlighted rate. For example if the "closing costs" go up
by $2000 and you'll be saving $50/mth on the payment, then your payback months is $2000/$50 = 40 months.
Disclosure: This is not an offer or commitment to lend. The rates and terms displayed above may change at any time without notice. The actual mortgage product you qualify for will depend upon verification of the information in your application, the applicable home value, and other relevant considerations. If you have questions about current rates, please contact a Loan Officer at 907-562-3600.
Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. The content in this marketing advertisement has not been approved, reviewed, sponsored or endorsed by any department or government agency. Rates are subject to change and are subject to borrower qualification.
