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Example 1 - A $90,000, 15 years conventional loan with a ____% annual interest rate and a ____% APR will have a payment of $____, interest and principal only. Popular Mortgage will honor ____% below its prevailing interest rate at closing, but the interest rate for this offer will never be less than ____%. Payments do not include legal and or incidental costs, prepaid costs nor insurance fees and taxes. Payments have been rounded to the nearest dollar. Some restrictions apply. OCIF Lic. H-970919.