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Kansas Fixed Mortgage Rates

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Loan Type Base Rate APY Points Base Rate APY Points Base Rate APY Points
4.625 4.756 1.125 6.625 6.500 0.125 3.750 4.000 1.625
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4.250 4.476 1.125 6.125 6.125 0.000 3.250 3.750 1.625

Kansas Adjustable Mortgage Rates

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Loan Type Base Rate APY Points Base Rate APY Points Base Rate APY Points
4.125 3.968 2.250 4.750 4.188 0.125 3.750 3.813 3.250
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3.938 3.559 N/A 6.875 5.000 0.125 2.750 3.125 2.500
3.500 3.388 1.250 6.375 4.500 0.125 2.375 3.125 2.375
4.375 3.540 1.250 6.125 4.250 0.000 2.500 3.250 1.000
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Mortgage Rates at 4.25%*

  • $150,000 loan for under $867/month
  • $225,000 loan for under $1,301/month
  • $350,000 loan for under $2,023/month
 

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National vs Kansas 10/1 ARM Mortgage Monthly Payments

Loan Amount img Kansas Average img National High img National Low img  
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$726.97                      $782.47                      $694.67                     
$823.90                      $886.80                      $787.30                     
$1,987.06                      $2,138.75                      $1,898.77                     

National vs Kansas 30-yr. fixed Mortgage Monthly Payments

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$771.21                      $960.47                      $694.67                     
$874.04                      $1,088.53                      $787.30                     
$2,107.97                      $2,625.27                      $1,898.77                     

National vs Kansas 15-yr. fixed Mortgage Monthly Payments

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$1,128.42                      $1,275.94                      $1,054.00                     
$1,278.87                      $1,446.06                      $1,194.54                     
$3,084.34                      $3,487.56                      $2,880.94                     

National vs Kansas 5/1 ARM Mortgage Monthly Payments

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$673.57                      $935.80                      $582.98                     
$763.38                      $1,060.58                      $660.71                     
$1,841.08                      $2,557.87                      $1,593.48                     

National vs Kansas 3/1 ARM Mortgage Monthly Payments

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$748.93                      $911.42                      $592.68                     
$848.78                      $1,032.94                      $671.71                     
$2,047.07                      $2,491.20                      $1,620.00                     
Source: U.S. Department of Housing and Urban Development - Mar 31, 2009

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Average Rates

15-yr fixed*

4.25%

30-yr fixed*

4.625%

The city of Topeka, Kansas has successfully redeveloped a city-owned, vacant parcel of land that was once the site of 100 severely deteriorated public housing units. The land has been re-platted to support a new 24-unit single-family subdivision for low- to moderate-income families. A grant from the Capitol Federal Foundation will pay all but $500 of the buyers' closing costs.

"The fact that we have redeveloped a former public housing site into single-family homes without the use of public housing funds is impressive," says Kevin Rooney, real estate officer with Topeka Housing and Neighborhood Development. "We did it all on our own."

The program includes a welfare-to-work initiative. Home construction is spearheaded by Goodwill Industries and Heartland Works, which provide skills training and comprehensive support services for the welfare-to-work participants who are being trained to fill the area's shortage of skilled construction workers.

"This is a homeownership and welfare-to-work initiative combined," says Rooney. "We are building homes and lives together for a better Topeka."

Home Repairs: Kansas

The programs and resources listed below help homeowners with home repairs and improvements.

  • Community housing development organizations - many organizations throughout Kansas offer various home repair assistance programs
  • Johnson County home repair programs - provides assistance for home rehabilitation for eligible residents of Johnson County
  • Kansas Affiliates of Habitat for Humanity - through volunteer labor, builds and rehabilitates houses for families in need
  • Veterans Affairs Regional Loan Center - loans and grants to qualifying veterans to adapt an existing dwelling to meet specific needs
  • USDA Rural Development Office - home improvement loans and grants to low-income homeowners in rural areas
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*Mortgage Rate of 4.25% is for qualified borrowers for a 10-year fixed rate mortgage to refinance an owner-occupied, one-unit, single family dwelling for a loan of $165,000 to $417,000 ($165,000 to $625,500 in Alaska and Hawaii). If you are contacted by a lender or broker advertising within our network, your quoted rate may be higher, depending on your property location, credit score, loan-to-value ratio, debt-to-income ratio, and other factors. Not available in all states. Not available for all credit types. Not all service providers in our network offer this or other products with fixed rate options.

**This advertised rate is for qualified borrowers for to refinance an owner-occupied, one-unit, single family dwelling for a loan of $150,000, $225,000 or $350,000 with a interest only monthly payment of $867, $1301 or $2023. This is an interest only adjustable rate that is fixed for the first 12 months then is subject to increase no more than 1% every 6 months thereafter (until rate has caught up to fully indexed rate). To be eligible for this program borrower must meet applicable credit requirements, including a FICO score of at least 620. MortgageDebt.com is not acting as a lender or broker. The information provided by you to MortgageDebt.com is not an application for a mortgage loan, nor is it used to pre-qualify you with any lender. If you are contacted by a lender or broker advertising within our network, your quoted rate may be higher, depending on your property location, credit score, loan-to-value ratio, debt-to-income ratio, and other factors. Not available in all states. Not available for all credit types.

Last Updated: September 03, 2010