Mortgage Loan Rates

See below for a list of WESTconsin's current rates for Fixed Rate Mortgages and Adjustable Rate Mortgages (ARM). For more information, or to apply online, contact one of WESTconsin's Mortgage Loan Professionals.

Mortgage Loan Rates

Fixed Rate Mortgages

Rate APR Monthly Payment
30 year 7.125% 7.261% $1347.00
20 year 7.000% 7.175% $1551.00
15 year 6.875% 6.951% $1784.00
10 year 6.750% 6.856% $2296.00
When people think about getting a mortgage, a long-term, fixed rate loan is one of the most common options. A fixed-rate mortgage loan has a monthly principal and interest payment that does not change over the life of the loan. At WESTconsin Credit Union, there are no pre-payment penalties on a fixed-rate mortgage loan, making future refinance considerations more feasible should rates decrease or accessing equity is desired. Contact one of our Mortgage Loan Originators to learn more about WESTconsin’s mortgage options and how we may help to support your homeownership and financial goals.

Adjustable Rate Mortgages (ARMs)

Rate APR Monthly Payment
5/6 mo. ARM 6.750% 7.596% $1297.00
7/6 mo. ARM 6.875% 7.500% $1314.00

ARM: Adjustable Rate Mortgage. The interest rate is fixed for a specified term and then adjustable at a specified frequency, thereafter. A current Index and Margin were used to display potential rate and/or payment. ARM APR and Monthly Payment assume an amortization schedule of 30 years.

WESTconsin ARMs

Rate APR Monthly Payment
5/6 mo. ARM 7.750% 8.297% $1433.00
7/6 mo. ARM 7.875% 8.261% $1450.00
WESTconsin ARMs are an option if you have had some credit problems in the past, or you are financing a home that may not meet typical financing conditions.

Interest rate and APR are subject to change without notice and published rates do not constitute a loan offer. APR = Annual Percentage Rate - The rate that reflects the actual, annual cost of the loan. Payment examples reflect a monthly payment of principal and interest only and your actual payment may be higher. An escrow account for real estate taxes, property insurance, and private mortgage insurance and flood insurance (if applicable) may be required. Rates and payments are based upon a loan amount of $200,000.00 for a single-family, owner-occupied home, assumes a limited cash out refinance with 80% loan-to-value, and a representative credit score of 740+. Loan may be subject Loan Level Pricing Adjustments, charged in the form of points, which are based upon the selected loan program and your specific loan application. Your actual APR will be based upon your final loan amount and applicable costs. Loan subject to credit approval and membership eligibility.