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This loan is based on a sales price of $200,000 with a 30-year fixed rate loan term in the amount of $193,000 and a maximum 96.5% LTV ratio. The current interest rate, as of 11/20/09, is 4.875% with an annual percentage rate (APR) of 4.921%, and the monthly principal and interest payment would be $1,021.38. Depending on the actual sales price and the amount of your downpayment, your APR may vary. Private Mortgage Insurance is not required or included on this loan. Payments do not include taxes and insurance, and your actual monthly payment will be higher to include 1/12 of annual property tax and homeowners insurance amounts.Loan programs, rates, and fees are subject to change without notice. Financing subject to meeting qualification standards of Cascade Bank’s Builder Sales Program.
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King County