Which home loan is right for you? Review this chart to see how things like your loan terms, your down payment and other special circumstances could be a factor.


Fixed Rate Mortgage

  • Predictable monthly payments for the life of your loan
  • Loan terms between 8 and 30 years
  • Down payments as low as 3% of purchase price
  • Single family loan amounts up to $417, 000

Adjustable Rate Mortgage*

  • Lower payments for the first years of your loan
  • Rate is set for a predetermined period, then will reset with a new rate that can be either higher or lower depending on market conditions at the time the adjustment occurs 
  • Could be ideal if you’re expecting an increase in income, or planning to live in the home for a short period of time

Jumbo Loans

  • For home loans between $417,000 and $3 million
  • Loan terms between 10 and 30 years
  • Fixed rate, adjustable rate and interest-only payment options 

FHA Loan

  • Down payments as low as 3.5%
  • Seller can assist with up to 6% of purchase price toward closing costs
  • Fixed and adjustable rate options

Combination Loans

  • For a 20% down payment, put down as little as 10.1% of the purchase price and finance the remaining 9.9% with a Home Equity Line of Credit
  • Potentially lower your monthly payment by eliminating private mortgage insurance (PMI)
  • Interest on both loans may be tax-deductible. Consult a tax advisor

VA Loans

  • If you are active military, veteran, reservist or National Guard member
  • No down payment required
  • Fixed rate and adjustable rate payment options are available

* PNC is a registered service mark of The PNC Financial Services Group, Inc. (“PNC”). PNC Mortgage is a division of PNC Bank, National Association, a subsidiary of PNC. All loans are provided by PNC Bank, National Association and are subject to credit approval and property appraisal. Terms and conditions of this offer are subject to change without notice. Rates may increase after settlement.  ©2014 The PNC Financial Services Group, Inc. All rights reserved. Member FDIC