Capital One is a U.S. bank holding company with 812 different branches nationwide. It was founded in 1994, and specializes in savings products, credit cards, home loans, auto loans, and banking. The company is the eighth largest banking corporation in the United States, and is based in Tysons Corner, Virginia. Besides its banking services, Capital One also provides a range of fixed-rate and adjustable-rate mortgages. Beneficial and up-to-date information is provided about Capital One mortgage rates in this article.
Capital One Current Mortgage Rates
More information about Capital One’s current mortgage rates is posted on the bank’s website.
|Type of Mortgage Rate||Interest Rate||APR (Annual Percentage Rate)||Estimated Monthly Payment|
|30-Year Fixed Rate||4.250%||4.322%||$1,229.85|
|15-Year Fixed Rate||3.625%||3.731%||$1,802.59|
|7/1 Adjustable Rate||3.750%||3.952%||$1,157.79|
|5/1 Adjustable Rate||3.625%||3.925%||$1,140.13|
*** Disclaimer: The rates, terms, and fees listed above for Capital One are subject to change without notice, so users should access the bank’s site for the latest updates.
Capital One Mortgage Rates Additional Info
The Capital One ARM interest rates and estimated payments listed in the previous table are based on an assumed loan of $250,000. Because these sample payments do not include taxes and insurance premiums, the actual loan prices will be greater than shown. Depending on individual purchaser and loan conditions, rate adjustments to loans may be possible.
Capital One Home Mortgage Rates
Capital One offers both purchase mortgage rates and refinance mortgage rates, as well as fixed and adjustable rate mortgages (ARMs). 30-year mortgage rates or 15-year mortgage rates (but not 20-year mortgage rates) are provided for fixed rate mortgages. Additionally, you receive ARMs in 5-year or 7-year initial term increments.
Capital One mortgage rates are also provided for non-conforming loans, or jumbo loans, for mortgages exceeding $417,000. Jumbo mortgage rates are provided in 15 or 30-year terms. These typically occur at slightly higher rates than conforming mortgages because they depend on the current market mortgage rates trend for home loans.
In order to determine the best available loan for your situation, you can access Capital One’s online rate and payment calculator. A loan comparison tool and mortgage calculator is also available online to help explain the different aspects of each loan and how it might apply to your current financial standing.
Overall, Capital One provides several different options for mortgage rates, such as standard conforming loans, ARMs, and loans for purchasing. Or refinancing a home. By logging on to Capital One’s website, you can start the pre-approval process to become eligible for a home loan.
You can also call Capital One’s toll-free number at 1-855-900-8886 for more support with the pre-approval process. Or to take the next steps in your home buying journey. The Capital One customer support page also provides a place for Capital One customers to find and access more information about recent mortgage rates, or ask any specific questions they may have.