7.126% APR 

Compare today's mortgage and refinance rates in Madison

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners.

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Applied Filters: Good (720-739), 30-year fixed, Single family home, Primary residence
Applied Filters: Good (720-739), 30-year fixed, Single family home, Primary residence
License information5 results:
30-year fixed
Better
EXPLORE QUOTE
Better: NMLS#330511
Lowest APR
Lowest monthly payment
Great for digital convenience
Conventional 30-year fixed
Better
4.5
NerdWallet rating
APR
7.077% 
Interest rate
7% 
Mo. payment
$1,597 
Insurance $0
Total fees
$1,848 
About this lender
Pros
  • Offers a one-day mortgage that lets eligible borrowers apply, lock in a rate and get a loan commitment within 24 hours.
  • Average interest rates are on the low end compared to other lenders, according to the latest federal data.
  • Offers a HELOC that can be used for a primary, second or investment home.
Cons
  • Doesn't offer harder-to-find loans, such as construction loans, renovation loans, or USDA mortgages.
  • Finding descriptions of all of the loan offerings on the website requires some digging, and the lender does not have a mobile app.
  • Average lender fees are on the high end compared with other lenders, according to the latest federal data.
Central Bank: NMLS#407985Conventional 30-year fixed
Central Bank
4.0
NerdWallet rating
APR
7.383% 
Interest rate
7.375% 
Mo. payment
$1,658 
Insurance $0
Total fees
$184 
About this lender
Pros
  • Among the best when it comes to online convenience.
  • Offers a full selection of mortgage types and products, including jumbo, home equity, and government loans.
  • Claims to offer preapproval within 24 hours of loan application.
Cons
  • You'll have to complete a loan application to see mortgage interest rates.
  • Bank branch locations limited to the Midwest.
  • Does not offer home equity lines of credit.
NBKC: NMLS#409631
Great for first-time home buyers | digital convenience | customer service
Conventional 30-year fixed
NBKC
APR
7.425% 
Interest rate
7.375% 
Mo. payment
$1,658 
Insurance $0
Total fees
$1,184 
About this lender
Visit lender's website | Call (888) 871-2381
Pros
  • Offers government-backed loans and some harder-to-find products, such as construction loans and specialty mortgages for pilots.
  • Offers low rates and fees compared with other lenders, according to the latest federal data.
  • Displays customized rates, with fee estimates, without requiring contact information.
Cons
  • HELOCs and construction-to-permanent loans are available only in the Kansas City metro area.
New American Funding: NMLS#6606
Great for first-time home buyers | customer service
Conventional 30-year fixed
New American Funding
APR
7.444% 
Interest rate
7.375% 
Mo. payment
$1,658 
Insurance $0
Total fees
$1,629 
Pros
  • Offers a wide variety of purchase and refinance mortgages with an emphasis on helping underserved communities.
  • Its home equity line of credit can be used for an owner-occupied or second home.
  • Has a program to enable buyers to make cash offers.
  • Receives high marks for customer satisfaction, according to J.D. Power and Zillow.
Cons
  • Mortgage origination fees tend to be on the high end.
  • Personalized mortgage rates are not available on the website without providing contact information.
Bethpage Federal Credit Union: NMLS#449104Conventional 30-year fixed
Bethpage Federal Credit Union
APR
7.942% 
Interest rate
7.875% 
Mo. payment
$1,741 
Insurance $0
Total fees
$1,520 
About this lender
Pros
  • Has a fully online mortgage application and a highly rated mobile app.
  • Offers financing for co-ops, a type of home that’s common on the East Coast.
  • Interest rates are on the low side, according to the latest federal data.
Cons
  • In-person service available only on Long Island, New York.
  • Doesn’t offer renovation, construction-to-permanent or USDA loans.
  • Customized rates not available online.

About These Rates: The lenders whose rates appear on this table are NerdWallet’s advertising partners. NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a lender’s site. The terms advertised here are not offers and do not bind any lender. The rates shown here are retrieved via the Mortech rate engine and are subject to change. These rates do not include taxes, fees, and insurance. Your actual rate and loan terms will be determined by the partner’s assessment of your creditworthiness and other factors. Any potential savings figures are estimates based on the information provided by you and our advertising partners.


Madison, undefined mortgage and refinance rates today (APR)

ProductInterest RateAPR
30-year fixed-rate7.040%7.126%
20-year fixed-rate6.941%7.048%
15-year fixed-rate6.153%6.289%
10-year fixed-rate5.969%6.193%
7-year ARM7.183%7.793%
5-year ARM6.847%7.814%
3-year ARM8.125%8.355%
30-year fixed-rate FHA5.939%6.749%
30-year fixed-rate VA6.181%6.558%

Data source: ©Zillow, Inc. 2006 - 2021. Use is subject to the Terms of Use

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Today's rate

7.126%

30-year fixed-rate

Today’s mortgage rates in Madison, undefined are 7.126% for a 30-year fixed, 6.289% for a 15-year fixed, and 7.814% for a 5-year adjustable-rate mortgage (ARM).

Best Mortgage Lenders

Lender
NerdWallet Rating
Min. credit score
Min. down payment
Learn more
NBKC

NBKC: NMLS#409631

Learn more
at NBKC
at NBKC
FHA loans
Best for FHA and VA loans

620

3.5%

Guaranteed Rate

Guaranteed Rate: NMLS#2611

5.0
/5
Home loans overall
Best for first-time home buyers, jumbo loans and HELOCs

620

3%

Alliant

Alliant: NMLS#197185

Read review
5.0
/5
Jumbo loans
Best for jumbo loans

620

5%

Andrews Federal Credit Union

Andrews Federal Credit Union: NMLS#410421

5.0
/5
Home loans overall
Best for first-time home buyers

620

3%

PNC

PNC: NMLS#446303

5.0
/5
Home loans overall
Best for first-time buyers, FHA and jumbo loans, HELOCs

620

3%

A Beginner's Guide to Mortgages
Holden Lewis
By
Last updated on May 2, 2022


About the author: Holden is NerdWallet's authority on mortgages and real estate. He has reported on mortgages since 2001, winning multiple awards.

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