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Illinois Interest Only Mortgage Rates

Updated: August 17, 2018

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Displaying rates for Mortgage Refinance in IL for $200,000

4.250%

APR
30 Year Fixed
4.250% Rate $984/mo
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4.683%

APR
30 Year Fixed
4.625% Rate $1,029/mo
  • Custom-crafted lending from a top national mortgage originator

4.585%

APR
30 Year Fixed
4.500% Rate $1,014/mo
  • Updated August 17, 2018
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4.931%

APR
30 Year Fixed
4.875% Rate $1,059/mo
  • Updated August 17, 2018
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4.971%

APR
30 Year Fixed
4.875% Rate $1,059/mo
  • Updated August 17, 2018
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5.125%

APR
30 Year Fixed
5.125% Rate $1,089/mo
  • Updated August 17, 2018
  • Get a free and no obligation rate quote in Illinois.
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5.223%

APR
30 Year Fixed
5.125% Rate $1,089/mo
  • Updated August 17, 2018
  • Refinance to a get a lower payment, cash back or a faster payoff.
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.
PRODUCTS RATES +/-
30 Year Fixed 4.73%
15 Year Fixed 3.63%
5/1 ARM 0.00%
Friday, August 17, 2018

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Mortgage rates for Illinois go up to 4.73%

Friday, August 17, 2018

Mortgage rates for Illinois on Lender411 for 30-year fixed-rate mortgages are at 4.73%. That increased from 4.71% to 4.73%. The 15-year fixed rates are now at 3.63%. The 5/1 ARM mortgage for Illinois is now at 0.00%.

Interest Only Rates in Illinois

When you buy a home in Illinois or refinance your existing mortgage with an interest only mortgage loan, you are taking out a 30-year mortgage, electing to pay "interest only" (instead of principal + interest) for a set period of time, such as 3, 5, 7 or 10 years. After the end of the "interest only period", the monthly payments readjust to include the principal, and the loan is re-amortized for the remaining years. Check out our main page on Interest Only Mortgage Rates.

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