Mortgage Refinance
If you want to lower your monthly mortgage payments, pay off your mortgage faster, or tap into your home's equity, refinancing might be the solution.
The best time to refinance your mortgage may be right now
There are lots of reasons why you might benefit from refinancing your mortgage. Refinancing your home loan at a lower rate can reduce your monthly payment, making some wiggle room in your monthly budget. Even a small rate reduction can lower the amount of interest paid over the life of the loan and end up saving you big bucks in the end. Refinancing may also allow you to get a shorter term and pay off your mortgage sooner.
Ready to save some money on your home loan? Apply online or visit the CoVantage team at a branch in Wisconsin, Michigan, or Illinois today.
Fixed-Rate Mortgage Rates
| Rate | Term | APR As Low As | Monthly Payment Per $1000 |
|---|---|---|---|
| 5.625% | 5 Year | 5.979% | 19.16 |
| 5.625% | 10 Year | 5.813% | 10.91 |
| 5.625% | 12 Year | 5.785% | 9.57 |
| 5.875% | 15 Year | 6.008% | 8.37 |
| 6.250% | 20 Year | 6.357% | 7.31 |
Additional Resources
- Find out what documents are needed when applying for a home loan
- Use our home loan calculators to figure out your monthly payments
- Get more information from our Free Home Financing Guide
- Learn all about our Mortgage Lending Policy
We will MEET or BEAT any 30-Year Fixed Rate Mortgage Offer!
When you trust CoVantage with your home financing, you can be assured that you will always get outstanding value. We’re so confident that our rates and terms are great, that we will meet or beat any other 30 year fixed rate offer.
Additional Resources
10 Ways to Make a House YOUR Home
- February 16, 2024
- Lindsey Mueller, Community Outreach Officer
The 10 Budgeting Basics
- February 16, 2024
- Lindsey Mueller, Community Outreach Officer
CoVantage's Guide to Homeownership
- February 10, 2024
- Dana Weigel, VP Mortgage Sales Manager