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Church Loan Program > Current Interest Rates  

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Current Interest Rates
  The interest rates posted below are the best available rates offered by Thrivent Financial for Lutherans. Your rate may vary based on the financial position of the congregation relative to Thrivent Financial for Lutherans' Church Loan Guidelines.   white space Pastor in church
 

Interest rates are subject to change daily and may fluctuate with market conditions.

Fixed Rate Mortgage Loan

Terms

Interest Rates

Repayment Terms

5 years

5.875%

The monthly repayment per $1,000 is $19.28

10 years

6.5%

The monthly repayment per $1,000 is $11.36

15 years

6.75%

The monthly repayment per $1,000 is $8.85

20 years

6.875%

The monthly repayment per $1,000 is $7.68

5-year Adjustable Rate Mortgage Loan

Terms

Interest Rates

Repayment Terms

20 years

5.875%*

The monthly repayment per $1,000 is $7.10

25 years

5.875%*

The monthly repayment per $1,000 is $6.37

*Thrivent Financial for Lutherans has the option to adjust the interest rate every fifth year (there is no cap or ceiling on the interest rate).

10-year Adjustable Rate Mortgage Loan

Terms

Interest Rates

Repayment Terms

20 years

6.625%*

The monthly repayment per $1,000 is $7.53

25 years

6.625%*

The monthly repayment per $1,000 is $6.83

*Thrivent Financial for Lutherans has the option to adjust the interest rate every tenth year (there is no cap or ceiling on the interest rate).

15-year Adjustable Rate Mortgage Loan

Terms

Interest Rates

Repayment Terms

25 years

6.875%*

The monthly repayment per $1,000 is $6.99

*Thrivent Financial for Lutherans has the option to adjust the interest rate every fifteenth year (there is no cap or ceiling on the interest rate).


Rates Change Date: February 11, 2008

 

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Thrivent Financial for Lutherans, its affiliates, Financial Representatives and employees do not provide legal, accounting, or tax advice or services. This summary information is provided for your education, and to help you start preparing for retirement. It is not intended to be tax or legal advice. We strongly advise that you consult your legal and/or tax advisor before making any tax-related financial decisions.

Thrivent Financial for Lutherans, Appleton, WI 54919-0001, is authorized to conduct business in all 50 states and the District of Columbia. NAIC # 2938-56014. Products issued by Thrivent Financial for Lutherans are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Not all products described are available in all states. Thrivent Financial representatives are licensed insurance agents. Insurance and retirement products, where available, are individual contracts, (not group coverage), and issued by Thrivent Financial for Lutherans. Investment products are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415-1665, a wholly owned subsidiary of Thrivent Financial for Lutherans. Member FINRA. Member SIPC. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc.

Bank products and trust services are offered through Thrivent Financial Bank, 2000 E. Milestone Dr., Appleton, WI 54919-0006 (Member FDIC, Equal Housing Lender), a wholly owned subsidiary of Thrivent Financial for Lutherans. Insurance, investment products, securities, trust, and investment management services and accounts are not deposits, are not FDIC insured, are not insured by any federal government agency, and are not guaranteed by Thrivent Financial Bank. Variable insurance contracts, investment products, trust, and investment management accounts may go down in value.

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This document was last updated on Thursday, December 27, 2007 at 10:13 AM