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Total 15 year loan cost presuming 20% downpaymentTotal 30 year loan cost presuming 20% downpayment
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Median house cost in Chicago right now$200,000.00N/AN/AReference: http://www.trulia.com/real_estate/Chicago-Illinois/market-trends/
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Worst Park rate4.064% apr$290,822.30$528,610.08Reference: http://www.timetobank.com/home_loans.html
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Best Park rate3.488% apr$267,590.01$447,527.57Reference: http://www.timetobank.com/home_loans.html
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Worst First Northern rate3.382% apr$263,508.07$433,978.16Reference: http://firstnortherncred.web-loans.com/default.aspx
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Best Credit Union 1 rate2.99% apr$248,912.01$387,232.43Reference: http://www.creditunion1.org/real_estate_loans.html#3
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Best First Northern rate2.9% apr$245,669.14$377,208.29Reference: http://firstnortherncred.web-loans.com/default.aspx
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Year15 Year Loan, presuming 20% downpayment and 4.064% apr15 Year Loan, presuming 20% downpayment and 3.488% apr15 Year Loan, presuming 20% downpayment and 3.382% apr15 Year Loan, presuming 20% downpayment and 2.99% apr15 Year Loan, presuming 20% downpayment and 2.9% apr
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0$160,000.00$160,000.00$160,000.00$160,000.00$160,000.00
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1$166,502.40$165,580.80$165,411.20$164,784.00$164,640.00
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2$173,269.06$171,356.26$171,005.41$169,711.04$169,414.56
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3$180,310.71$177,333.16$176,788.81$174,785.40$174,327.58
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4$187,638.54$183,518.55$182,767.81$180,011.49$179,383.08
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5$195,264.17$189,919.67$188,949.01$185,393.83$184,585.19
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6$203,199.71$196,544.07$195,339.27$190,937.10$189,938.16
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7$211,457.74$203,399.53$201,945.64$196,646.12$195,446.37
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8$220,051.38$210,494.10$208,775.45$202,525.84$201,114.31
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9$228,994.27$217,836.14$215,836.23$208,581.37$206,946.63
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10$238,300.60$225,434.26$223,135.81$214,817.95$212,948.08
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11$247,985.14$233,297.41$230,682.27$221,241.00$219,123.58
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12$258,063.25$241,434.82$238,483.94$227,856.11$225,478.16
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13$268,550.94$249,856.07$246,549.47$234,669.01$232,017.03
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14$279,464.85$258,571.05$254,887.77$241,685.61$238,745.52
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15$290,822.30$267,590.01$263,508.07$248,912.01$245,669.14
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15 YEAR TOTALS$290,822.30$267,590.01$263,508.07$248,912.01$245,669.14
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Year15 Year Loan, presuming 20% downpayment and 4.064% apr15 Year Loan, presuming 20% downpayment and 3.488% apr15 Year Loan, presuming 20% downpayment and 3.382% apr15 Year Loan, presuming 20% downpayment and 2.99% apr15 Year Loan, presuming 20% downpayment and 2.9% apr
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0$160,000.00$160,000.00$160,000.00$160,000.00$160,000.00
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1$166,502.40$165,580.80$165,411.20$164,784.00$164,640.00
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2$173,269.06$171,356.26$171,005.41$169,711.04$169,414.56
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3$180,310.71$177,333.16$176,788.81$174,785.40$174,327.58
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4$187,638.54$183,518.55$182,767.81$180,011.49$179,383.08
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5$195,264.17$189,919.67$188,949.01$185,393.83$184,585.19
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6$203,199.71$196,544.07$195,339.27$190,937.10$189,938.16
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7$211,457.74$203,399.53$201,945.64$196,646.12$195,446.37
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8$220,051.38$210,494.10$208,775.45$202,525.84$201,114.31
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9$228,994.27$217,836.14$215,836.23$208,581.37$206,946.63
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10$238,300.60$225,434.26$223,135.81$214,817.95$212,948.08
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11$247,985.14$233,297.41$230,682.27$221,241.00$219,123.58
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12$258,063.25$241,434.82$238,483.94$227,856.11$225,478.16
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13$268,550.94$249,856.07$246,549.47$234,669.01$232,017.03
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14$279,464.85$258,571.05$254,887.77$241,685.61$238,745.52
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15$290,822.30$267,590.01$263,508.07$248,912.01$245,669.14
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16$302,641.32$276,923.55$272,419.92$256,354.48$252,793.54
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17$314,940.67$286,582.64$281,633.16$264,019.48$260,124.56
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18$327,739.85$296,578.64$291,157.99$271,913.66$267,668.17
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19$341,059.20$306,923.31$301,004.96$280,043.88$275,430.55
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20$354,919.85$317,628.79$311,184.94$288,417.19$283,418.03
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21$369,343.79$328,707.68$321,709.22$297,040.87$291,637.15
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22$384,353.92$340,173.01$332,589.42$305,922.39$300,094.63
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23$399,974.07$352,038.24$343,837.60$315,069.47$308,797.38
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24$416,229.01$364,317.33$355,466.19$324,490.05$317,752.50
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25$433,144.56$377,024.72$367,488.05$334,192.30$326,967.32
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26$450,747.55$390,175.35$379,916.50$344,184.65$336,449.38
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27$469,065.93$403,784.66$392,765.27$354,475.77$346,206.41
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28$488,128.77$417,868.67$406,048.60$365,074.59$356,246.39
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29$507,966.33$432,443.93$419,781.16$375,990.32$366,577.54
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30$528,610.08$447,527.57$433,978.16$387,232.43$377,208.29
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30 YEAR TOTALS$528,610.08$447,527.57$433,978.16$387,232.43$377,208.29
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