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Mortgage options for your dream home at rates you can afford.
Flexible Adjustable-Rate Mortgages
Sometimes called a variable rate, the interest rate on an adjustable-rate mortgage is lower in the beginning but can adjust after the initial rate period based on a market rate index. There is an interest rate cap that sets a limit on how high your interest rate can go over the life of the loan and with each interest rate change. Typically, the initial interest rate is lower than on a fixed-rate mortgage.
Flexibility
An ARM may be a good option if you don’t plan on owning the home long-term, or you expect an increase in income.
Internal Underwriting
Save time through quick approvals and rest assured that your loan is being handled locally in Madison.
Competitive Interest Rates
Our interest rates meet or exceed other local Dane County institutions.
Home Affordability Calculator
Current Mortgage Rates
| Product/Term | Interest Rate | APR* |
|---|---|---|
| 30 Year Fixed Rate | 6.875% | 6.947% |
| 15 Year Fixed Rate | 6.500% | 6.616% |
| Residential 5/1 Portfolio T-Bill ARM | 7.500% | 8.008% |
| Residential 7/1 Portfolio T-Bill ARM | 7.750% | 8.053% |
Mortgage Lending Team
Our experienced mortgage lenders will walk you through each step of the process. Contact us to learn more about Residential Lending.
Local Lenders
The Capitol Bank team focuses on meeting your business, mortgage, personal and commercial banking needs.
Investments
Interested in Investing? Contact Us. We’ll tell you all about CDs and other products we offer.
