Real Estate Mortgage Products
Call Maggie Pavano at NorthPark - (563) 388-2561
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Call Meagan Sweet at West Locust - (563) 388-2504
Call Dan Raupp at Bettendorf - (563) 388-2637
Rates are based on a 30-day lock rate for a loan amount of $100,000 for the purchase of a primary residence with a 20% down payment. If the loan-to-value is greater than 80%, mortgage insurance may be needed which could increase the Annual Percentage Rate (APR).
APR includes interest and certain fees as applicable according to federal law.
Serving your mortgage lending needs at
100 East Kimberly Road, Davenport, Iowa
Call today for all of your Real Estate Lending needs.
|
Today's Interest Rates: Tuesday, July 28, 2010
|
| Program |
Rates |
Points |
APR |
Monthly Payments
Per $1,000 |
| 30 Yr Fixed |
4.625% |
0 |
4.670% |
$5.14
|
| 20 Yr Fixed |
4.500% |
0 |
4.561% |
$6.33
|
| 15 Yr Fixed |
4.00% |
0 |
4.452% |
$7.59 |
Rates are for reference only and subject to change without notice.
Rate Locks available at time of application.
Whether you are refinancing your primary residence or investment property, we offer a variety of mortgage products to fit your needs. Call us today.
Buying a new home should be a pleasant experience. We'd like to help make it that way by taking the worry out of applying for a mortgage. That's why we would like you to take our Home BuyAbility Test. It will help you find out how much home is right for you, so you can feel more comfortable when you apply for your mortgage loan with us.
Select A Mortgage Loan To Fit Your Financial Situation. Before you apply for your mortgage loan, you'll need to decide which type of loan may be right for you.
Once you know approximately how much home is in your price range, use the guide below or our convenient Mortgage Loan Calculator to estimate your monthly payments based on the principal and interest. Closing costs are normally paid in a lump sum at the time you take out the loan. Other annual costs such as taxes, insurance and mortgage life insurance are also not included on the chart, but may be added to your monthly payments.
| Monthly Mortgage Payment Guide |
| Mortgage Amount |
5% APR |
6% APR |
7% APR |
| $ 60,000 |
$ 323 |
$ 361 |
$ 401 |
| $ 80,000 |
$ 431 |
$ 481 |
$ 534 |
| $100,000 |
$ 538 |
$ 601 |
$ 668 |
| $120,000 |
$ 646 |
$ 722 |
$ 801 |
| $140,000 |
$ 753 |
$ 842 |
$ 935 |
| $160,000 |
$ 861 |
$ 962 |
$1,068 |
| $180,000 |
$ 969 |
$1,082 |
$1,202 |
| $200,000 |
$1,076 |
$1,203 |
$1,335 |
The above rates are for illustrative purposes only. They are based on the Annual Percentage Rate (APR) indicated for principal and simple interest.