Use the handy calculator below to get a feel for monthly costs for the home of your dreams. The rates shown at right are average rates as provided by mortgagecalculator.org. Check with your lender to confirm current interest rates for your specific needs.
While fixed rates are up, one of our local banks is currently offering an adjustable rate mortgage program with rates around 5% (as of Oct 31, 2024)! With this adjustable rate mortgage, rates are indexed to US Treasury rates and can adjust up to a maximum of 1% per year. With that maximum cap, you can enjoy below fixed-market rates for several years and refinance when fixed rates are more favorable.
Doing so can save you as much as $500 every month the first year!
Contact us and we will put you in touch with the lender for full details.
Please note: Example rates noted above are current as of October 31, 2024 and subject to change. Myers' Trust does not offer financing directly. The information above is provided only as a courtesy referral to the lending institution. All financing referenced is directly through third-party banks.
Whether you’re ready to make a move or just beginning to explore options, we’d love to help answer any questions you may have.
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