Bills.com shows homebuyers as many as 10 loan offers in less than 10 seconds. The short form can be completed in minutes; just answer a few questions about yourself and your desired home. The site automatically sorts offers to immediately show you the top three. You can sort all of your offers by a variety of factors, like APR or fees. All mortgage offers include information about closing costs to help you better prepare for the total cost.
You can expect your monthly payments to be on the average side: not extremely high, but not ideal for bargain hunters. Its search results for a home on the less expensive side, $245,000 with 20% down, for 15-year fixed mortgages, has monthly payments ranged from $1,330 to $1,425. For 30-year fixed mortgages, monthly payments for that home price range from $867 to $993. A 15-year fixed mortgage from NBKC Bank would cost $1,330 per month and a 30-year fixed mortgage from the same lender would cost $867 per month. A 15-year fixed mortgage from Quicken Loans was $1,425 per month.
Don’t be surprised if you see APRs that are higher than average. For 15-year fixed mortgages, search results range from 2.918% to 4.062%. For 30-year fixed mortgages, APRs range from 3.531% to 4.68%. A 15-year fixed mortgage from NBKC Bank has an APR of 2.918%. A 30-year fixed from the same bank has a 3.531% APR. A 15-year fixed mortgage from Quicken Loans had a 4.062% APR.
Though your quoted APRs may be a bit high, your interest rates should be a bit lower. For 15-year fixed mortgages, interest rates range from 2.75% to 3.75%. For 30-year fixed mortgages, interest rates range from 3.375% to 4.5%. A 15-year fixed mortgage from NBKC Bank has an interest rate of 2.75%. A 30-year fixed mortgage from the same bank has a 3.375% interest rate. A 15-year fixed mortgage from Quicken Loans had a 3.75% interest rate. Make sure to review all of your options before making a decision.
If you’re seeking a 15- or 30-year loan, you should have no trouble finding plenty of options to compare. Other types of loans aren’t so easy to access, unfortunately. Search results mostly compare 15-year fixed mortgages with 30-year fixed mortgages.
One of the major advantages of Bills.com is that you can view closing costs for each mortgage offer. You won’t find this feature with most other lenders or aggregate websites.
The layout is extremely user-friendly, and you can sort your loan offers in the way that is most convenient for you. You’ll also appreciate the fact that you can view closing costs for all of your loan offers. If you want to move forward with a loan offer, simply fill out the quick form and have the lender contact you with more information. The site could definitely benefit from offering more loan types, but if you’re looking for a 15- or 30-year term, you should have little trouble finding what you need.
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