Mortgage Calculator for Mortgage Rates in Athens – Athens Illinois

Athens State Bank is located in Athens Illinois and has three bank branches in the region.  The bank offers a wide variety of personal and business banking products including home loans, CDs, checking, savings, and other banking services.  The bank is locally owned and operated bank in Athens, Illinois.  Athens State Bank first opened its doors May 21, 1910.  The main objective of the bank is to provide banking services to its customer base in Menard and Sangamon counties Illinois.

The bank has a data center facility which is available for phone support for bank accountholders deposit and loan accounts, in addition to the bank supports internet banking and bill pay.  All of the retail bank facilities are full service with the ability to assist in accepting new mortgage applications.  Mortgage loan applications are available for download form the bank web site.

The bank handles home loans for purchasing or refinancing.  The bank offers balloon mortgages, as well as long-term fixed rate mortgages.  The bank mortgage products range from standard 30 year fixed rate loans, new construction, home equity loans and even farm and business financing needs which include seasonal operating loans to term equipment or commercial real estate financing.

Current mortgage rates and monthly mortgage payments based on a $150,000.00 loan:
 
3 year balloon has a mortgage rate of 4.50% and an APR of 4.50%.  The results of the mortgage payment calculator show a monthly mortgage payment of $760.02.

5 year balloon has a rate 4.75% an APR of 4.794% and the mortgage calculator shows a monthly mortgage payment of $782.47.

7 year balloon has a rate of 5.25% and an APR of 5.283%.  The monthly mortgage payment is $828.30 based on the mortgage payment calculator.

15 year fixed rate of 4.875% with a 4.899% APR.  The mortgage calculator calculates an   $1176.44 monthly mortgage payment for this rate and term.

30 year fixed rate is at 5.375% with an APR of 5.389%.  Based on the mortgage calculator, the monthly mortgage payment would be $839.95 on this loan.

APR’s are based on a $150,000.00 loan over the stated loan term and include a $250.00 document fee and $3.00 flood determination servicing fee.  All rates subject to credit approval and rate lock confirmation.

Bank mortgage rates are subject to changes and additional conditions may apply to obtain a home loan.  Consult a bank representative for more information including current mortgage rates at 217-636-8214, visit one of the three bank branches or view the mortgage rates and account information on the bank website at www.athensstatebank.com.

Tags: mortgage calculator, mortgage payment calculator, mortgage rates, mortgage rates Illinois

This entry was posted on Sunday, January 25th, 2009 at 12:17 pm and is filed under Mortgage Ads and Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.