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    Kankakee, IL

    (815) 936-7600

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    Kankakee Downtown Office

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    333 E. Court Street
    Kankakee, IL 60901

    Phone: (815) 936-7600
    Fax: (815) 932-5009

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    Mon - Fri 8:00am - 5:00pm

    Sat 8:00am - 12:00pm

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      333 E. Court Street - Kankakee

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15 Year Fixed

Home 15 Year Fixed
The information provided assumes the purpose of the loan is to refinance the existing mortgage, with a loan amount of $100,000 and an estimated property value of $135,000. The property is located in Kankakee, IL and is within Kankakee county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 45 days and the assumed credit score is 740.

At a 2.850% interest rate, the APR for this loan type is 2.961%. The monthly payment schedule would be:

 

  • 179 payments of $683.39 at an interest rate of 2.850%
  • 1 payment of $683.54 at an interest rate of 2.850%

 

If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.