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CUSTOM RATE & PAYMENT QUOTE

Custom Rate Quote Calculator
Custom Rate and Payment Calculator
Get a detailed rate and payment with this simple calculator.
 
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Loan purpose *
Find home values
Property type Link to more information in a new window.
Property Type
Property Type


If you don't see your property type listed, please call Chase at 1-800-873-6577 for more information.

Use of property Points Link to more information in a new window.
Points
POINTS


Paying discount points will lower your interest rate (as well as your monthly payment) over the life of the loan. When you pay a discount point, you essentially pay part of your interest to the lender up front. One discount point is typically equal to 1% of the loan amount, paid at closing. For example, one point on a $100,000 loan would require a $1,000 payment up front. Generally speaking, the longer you plan to remain in a property or hold your mortgage, the more advantageous it is to pay points. There is no requirement to pay discount points; whether or not you decide to pay points is completely up to you.

State* FICO score or
credit rating* Link to more information in a new window.
Fico Score
Credit History


Your credit file and score - which are primarily based on your loan paying credit/debt history - are used to make decisions about loans and interest rates available to you. As a key component in evaluating you as a credit risk, lenders use this information to see if you have missed payments, carry high balances, or are in other ways over extending yourself financially. For this reason, it's a good idea to check your credit report to make sure inaccuracies aren't impacting your credit.

You may use the following categories as a general guideline in evaluating your own creditworthiness (please note that these are general guidelines only-other factors will often be included in the loan approval or credit evaluation process):

Excellent credit:

  • Credit scores of 750 and above (Search will use 750, rates vary within this category)
  • At least 5 trade credit lines (credit cards, auto loans, mortgages) have each been open for at least 24 months
  • All accounts have been paid as agreed
  • No public records of bankruptcy, foreclosure, serious past due accounts, or collections within the last 7 years
  • Low current credit balance relative to maximum available credit limit
  • Minimum number of credit inquiries

Very good credit:

  • Credit scores between 700-749 (Rate search will use 720, rates vary within this category)
  • At least 5 trade credit lines (credit cards, auto loans, mortgages) have each been open for at least 24 months
  • All accounts have been paid as agreed
  • No public records of bankruptcy, foreclosure, serious past due accounts, or collections within the last 7 years
  • Low current credit balance relative to maximum available credit limit
  • Minimum number of credit inquiries

Good credit:

  • Credit scores between 660-699 (Rate search will use 680, rates vary within this category)
  • At least 5 trade credit lines (credit cards, auto loans, mortgages) have each been open for at least 24 months
  • Most accounts have been paid as agreed, with only occasional late payments
  • No public records of bankruptcy, foreclosure, serious past due accounts, or collections within the last 10 years
  • May have significant current credit balance relative to maximum available credit limit
  • Several recent credit inquiries

Fair credit:

  • Credit scores between 620-659
  • At least 3 trade credit lines (credit cards, auto loans, mortgages) have each been open for at least 24 months
  • Most accounts have been paid as agreed, with only occasional late payments
  • No public record of bankruptcy, foreclosure, serious past due accounts, or collections within the last few years
  • May have significant credit balance relative to maximum available credit limit
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