Term | Rate | APR | Points | Payment |
30-Year Fixed | 6.375% | 6.452% | 0% | $1559.67 |
20-year Fixed | 6.0% | 6.10% | 0% | $1791.08 |
15-year fixed | 5.75% | 5.875% | 0% | $2076.03 |
10-year fixed | 5.625% | 5.802% | 0% | $2728.67 |
FHA 30-Year Fixed | 6.25% | 6326.% | 0% | $1539.29 |
APR is defined as Annual Percentage Rate: Rates and terms are subject to change without notice: Posted rates and APR are calculated with zero points: Conventional rates posted are based on an 80% loan to value ratio; FHA rates posted are based on the maximum allowable loan to value ratio of 96.50%; Cash out refinances may have an increased interest rate; payments do not include amounts for taxes and insurance premiums. If applicable, actual payment may be greater; all offers subject to credit approval.
Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $726,200 for the contiguous state, District of Columbia, and Puerto Rico or below $726,200 for Alaska, Guam, Hawaii, and the Virgin Islands) are calculated based on a loan amount of $250,000 with closing costs of $2,000 , 80 % loan to value, 740 credit score, and 30 day rate lock. Your actual APR may be different depending upon these factors.
Many dream of homeownership but few actually know the steps to make it a reality. Town Center Bank provides unique, flexible tools to get you a home.
Flexibility to access funds for current and future expenses.
When you need to borrow a specific amount of money for a specific amount of time, Town Center Bank’s Home Equity Loan is your answer.
For larger purchases, such as a new vehicle, Town Center Bank installment loan can make payments fit comfortably into your budget.
For more information or to apply please contact us at:
(815)806-7001 Frankfort, (815)463-7002 New Lenox
Email: contact_us@towncenterbank.com