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Mortgage Loan Rates
| Mortgage Type | Interest Rate | Annual Percentage Rate (APR)* |
|---|---|---|
| 15-Years Fixed | 6.04% | 6.23% |
| 20-Years Fixed | 6.33% | 6.48% |
| 30-Years Fixed | 6.55% | 6.66% |
*APR=Annual Percentage Rate. Rates are subject to change at anytime. Payment examples and APRs are based on $200,000 Loan Amount for your primary residence , with 20% down payment, 80% Loan to Valve. Property insurance required, Flood Insurance may be necessary. APR calculations include the interest rate plus other charges and fees. Payment examples do not include taxes or insurance, actual payment obligations will be greater. A $200,000 mortgage with a 30 year fixed rate at 6.55% would have 360 monthly payments of $1,270.72. Call Porter Bank’s Loan Department at 1-219-926-2136 for Jumbo rates loan over $800,000.



