Cincinnatus Current Interest Rates

First Mortgage Purchase, Refinance or Construction¹ (Rates Effective 08/26/2008) Closing Costs $1,300.00²
Loan Product	Maximum Loan	Interest Rate	APR
15 Year Fixed	$320,000.00	6.000%	6.090%
15/30 Fixed Rate Balloon (30 Year Amortization)	$320,000.00	6.500%	6.560%
1 Year Adjustable (Up to 30 Year Amortization)	$320,000.00	6.000%	6.050%
1 Construction loans interest only paid during 12-month construction period. 2 Closing costs for Hamilton,Butler, Warren & Clermont Counties in Ohio, slightly higher for other counties and construction loans. Closing Costs Include, Title Opinion, Appraisal, Recording, Flood Cert. and Origination Fee.

Upon qualification. Rates subject to change without notice. Rates based on 80% LTV, add ½ % for loans 81% to 90% LTV, no PMI required. Rates and terms valid for single-family owner occupied homes.

Examples

Based on a 15 year fixed home loan of $100,000 for 15 years with a rate of 6.000% and an APR of 6.090%, the mortgage would be paid in 180 installments of $843.86.

Based on a 15/30 fixed rate balloon home loan of $100,000 amortized over 30 years at a rate of 6.500% and an APR 6.560%, the mortgage would be paid in 180 installments of $632.07 if the conditional modification option is exercised the interest rate is adjusted based on the index plus margin and the loan is fully amortized over the remaining 180 months. If the conditional modification is not exercised, the remaining principal balance, and interest is due on the 180th payment.

Based on a 1 year adjustable rate home loan of $100,000.00 amortized over 30 years at a rate of 6.000% and an APR of 6.050%, the initial 12-month payment is $599.55, afterward the interest rate and payment may increase or decrease annually for the remaining 348 months.

Stated payments include principal and interest only. Above examples on purchases with a 20% down payment or more based on appraisal or sale price, whichever is lower. APR's are based on $100,000 mortgage loan. Interest rates, APR's, and loan amounts for loans with lower down payments will vary. Adjustable mortgage rates are subject to increase after consummation.

For rates and terms for loans over $500,000 or if you need more information call us at (513) 661-6903 or toll free at (877) 661-6903 or email us at Loans@Cincinnatussl.com.

© 2008 Cincinnatus Savings and Loan. All Rights Reserved. Member of FDIC Equal Housing Lenders.