Whether your plan involves buying a new home or just refinancing, let our mortgage loan specialist customize a mortgage solution just for you.
- Highly Competitive Rates
- Streamlined Application Process and Closings
- Bi-weekly Payment Option
- Purchases or Refinances
- 3 1/2% Down Payment Option
- Conventional, FHA and Jumbo Mortgages (2.1 million)
Let our lending specialists create a customized mortgage solution that suits your grand plan.
Mortgage Application Information
Planites Credit Union can only do mortgage pre-qualifications for current members. If you are not currently a member of the credit union but are eligible, you may join in person at the credit union, or on line at www.planites.org.
Apply for a mortgage online or call us at 312-653-6371 for details.
Save with our Bi-weekly Payment Option (APR For Illustration Purposes Only)
| Details | Bi-Weekly Payments | Monthly Payments |
|---|---|---|
| Mortgage Amount | $200,000 | $200,000 |
| Interest Rate | 4.25% | 4.25% |
| Payment | $491.94 bi-weekly debit** | $983.88 monthly |
| Years to Repay | 25.6 years | 30 years |
| Total Interest | $128,268.72 | $154,196.69 |
| Interest Savings | $25,927.97 | - |
*Based on standard amortization, individual results may vary. We assume that no prepayments were made prior to the start of your bi-weekly payments. The interest rate comparison assumes that you refinance your outstanding mortgage balance with a new mortgage
that has a term the same length as your original mortgage. In the case presented, this is $200,000 for 30 years. No closing costs are taken into consideration, which could add to the cost of refinancing.
*Rates and Terms are subject to change.