Eagle Bank Mortgage Rates Explained and Compared

Eagle Bank offers a variety of mortgage rates to suit different needs, with rates ranging from 3.5% to 6.5% APR.

For a $200,000 mortgage, the monthly payment for a 30-year fixed-rate loan at 3.5% APR would be around $955.

The bank's mortgage rates are competitive with other lenders, but it's essential to compare rates and terms to find the best option for your financial situation.

Eagle Bank's mortgage rates are influenced by market conditions, credit score, and loan type, so it's crucial to understand how these factors impact your rate.

You might like: 5 Year Interest Only Mortgage Rates

In Eagle, ID, you can currently get a 30-year fixed-rate mortgage with an interest rate of 6.565% and an APR of 6.637%. This is a significant rate to consider for long-term homeownership.

The 20-year fixed-rate option is also available, with an interest rate of 6.209% and an APR of 6.292%. This can be a good choice for those who want to pay off their mortgage in a shorter amount of time.

Here are some current mortgage rates in Eagle, ID:

The 30-year fixed-rate FHA option is also available, with an interest rate of 6.208% and an APR of 7.038%.

APR stands for Annual Percentage Rate, which is the total cost of a loan, including interest and fees, expressed as a yearly rate.

The APR for a 30-year fixed-rate mortgage in Eagle, ID is 6.637%, which is higher than the interest rate of 6.565%.

A lower APR can save you money in the long run, so it's essential to compare rates before making a decision.

The APR for a 15-year fixed-rate mortgage is 5.738%, which is significantly lower than the APR for a 30-year fixed-rate mortgage.

Here's a breakdown of the APRs for different mortgage products in Eagle, ID:

The APR for a 30-year fixed-rate FHA mortgage is 7.038%, which is higher than the APR for a 30-year fixed-rate mortgage.

Expand your knowledge: 30-year Fixed Mortgage Rates with 800 Credit Score

Today's rate in Eagle, ID is a significant factor in determining your mortgage options. The current 30-year fixed rate is 6.565%, with an APR of 6.637%.

If you're considering a shorter mortgage term, you might be interested in a 15-year fixed rate, which is currently 5.625% with an APR of 5.738%. This option can help you pay off your mortgage faster, but keep in mind that your monthly payments will be higher.

A different take: Bank 5 Mortgage Rates

The APR for a 30-year fixed-rate FHA mortgage is 7.038%, while a 30-year fixed-rate VA mortgage has an APR of 6.060%. These rates can help you save money on interest over the life of your loan.

Here's a quick glance at today's rates in Eagle, ID:

Keep in mind that rates can fluctuate, so it's essential to stay informed and adjust your plans accordingly.

To get the best mortgage rate, you need to understand how to calculate your mortgage. Eagle Bank mortgage rates are competitive, but you need to know your numbers to get the best deal.

The most important factor in calculating your mortgage is your credit score. With a good credit score, you can qualify for lower interest rates and better terms.

Eagle Bank offers a variety of mortgage options, including fixed-rate and adjustable-rate loans. Fixed-rate loans have a fixed interest rate for the entire term of the loan, while adjustable-rate loans have an interest rate that can change over time.

You might enjoy: Adjustable Rate Mortgage vs Fixed Rate

The length of your mortgage also affects your monthly payments. Longer mortgage terms, such as 30-year loans, have lower monthly payments but more interest paid over the life of the loan.

To calculate your mortgage, you'll need to know your income, expenses, and debt-to-income ratio. Eagle Bank recommends a debt-to-income ratio of 36% or less to qualify for a mortgage.

A good rule of thumb is to spend no more than 28% of your income on housing costs, including your mortgage payment, property taxes, and insurance.

The current 30-year fixed mortgage rate in Eagle, ID is 6.565%, which is slightly higher than the 2023 average 30-year fixed rate mortgage across all markets and lenders at 6.48%.

Eagle Savings Bank's average 30-year fixed mortgage rate is 6.54%, showing a difference of 0.06% compared to the overall average.

Here's a comparison of the current rates in Eagle, ID:

The 30-year fixed-rate FHA mortgage rate in Eagle, ID is 6.208%, which is lower than the 30-year fixed-rate mortgage rate at 6.565%.

See what others are reading: Va 30-year Fixed Mortgage Rates Chart