Enter the loan amount in box 1 with no commas or dollar signs (example: 124900).
Enter the Annual Percentage Rate in box 2 (example: 6.25).
Enter the term of the loan in years, then click Compute.
DON'T WAIT - LOW RATES
As of January 17, 2008 here are samples of some excellent loan programs and rates which most likely are available to you.
WHEDA 30 year fixed rate at 5.5% with 3% down (5.25% in the Stonebridge 53704 zip code). Buyer must pay private mortgage insurance ( PMI )of approximately $38.00 per month on a 72,500 mortgage. Payment adjusts up or down based on the mortgage amount.
Local lender (full service bank) 5 year ARM fixed for 5 years at 5.25% with 3% down No PMI 30 year amortization.
We along with our extremely reputable lending partners can help you find the program that fits you the best. The city of Madison also offers down payment assistance, up to 5,000.00 at zero interest for income limits as follows:
1 person = $41,000.00
2 person = $46,850.00
3 person = $52,700.00
4 person = $58,550.00
MUST BE REPAID UPON SALE OF PROPERTY
Programs and rates are subject to change and are provided for your convenience.