Inter-Lake Mortgage Company, LLC
2675 44Th Street SW
Wyoming, MI 49519

Land Loan Specialist
20% Down payment

Veteran for Veterans
Zero Down Mortgage Loan

Rural Development Loans
Zero Down payment

Michigan FHA Mortgage Loans 3.50% Down Payment

 Michigan FHA & VA Approved Lender
HomeCalculatorsAbout UsContact UsSitemap
Phone (616) 301-1811
Fax (616) 301-2447
Michigan

Home
Apply Online
Approval Online
FHA Mortgage
Fixed Rate Mortgage
Michigan Hunting Land
Michigan Land Loan
Michigan Real Estate
VA Mortgage Loan
Streamline Refinance
Mortgage Tips
Branch Opportunies

Michigan Mortgage

Copyright 2004 - 2012
Inter-Lake Mortgage Company, LLC
( all rights reserved )
Michigan Mortgage License
NMLS No. # 139327

Annual Percentage Rate or APR Calculator

Unlike an interest rate, the Annual Percentage Rate (APR) for a loan gives you a bigger picture when shopping for the best deal on a loan. The APR lets you see the total cost of a mortgage, including closing fees and points, over the life of the loan - not just the interest due. Enter the following information to calculate the actual APR for a loan:
Loan Amount
Quoted Interest Rate (%)
Points (%)
Other Closing Costs to Include
Length of Loan (in Years)


This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input parameters. There are various ways that companies compute APR. Mortgage Loan Fees may include Appraisal, Credit Report, Processing, Document Preparation, Administration, Underwriting, Flood Certificate, Tax Service, Wire Transfer, and other fees. (This APR Calculation assumes 20 days of Prepaid Interest)

*These calculations are only estimates and should not be used to determine actual loan costs. Please consult your tax advisor for information on the deductibility of interest for tax purpose. Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.

BBB
A+ Rating

Veteran Owned Company

Current Rates

30 Yr Fixed
$200,000		 4.125%
APR 4.507%
15 Yr. Fixed
$200,000		 3.375%
APR 3.633%
FHA Rate
$200,000		 3.625%
APR 4.125%
30 Yr Jumbo
$500,000		 5.125%
APR 5.220%
15 Yr Jumbo
$500,000		 4.750%
APR 4.925%
30 Yr Land
$100,000		 5.350%
APR 5.565%
15 Yr Land
$100,000		 4.450%
APR 4.816%
Float Land
$100,000		 3.750%
APR 4.025%
Prime Rate 3.250%
Commercial
$500,000		 6.375%
APR 6.723%

Copyrights InfringementTerms of UseCode of ConductLicensesPrivate PolicyDisclaimer

Interest Rates, Mortgage program terms and conditions are subject to change without notice. Not all products are available in all states or for all loan amounts. Loans are subject to credit review and approval. Properties securing all loans must be located in the U.S. Other restrictions and limitations may apply