Calculators
Annual Percentage Rate (APR) effective 07/01/2025. Advertised APR is the lowest rate currently available and assumes a conventional first-lien mortgage on an owner-occupied single-family residence with no discount points and excellent credit. APR may increase after consummation on adjustable-rate mortgages. All loans subject to credit approval. Membership eligibility required. Rates, terms, and programs may change without notice and may be withdrawn at any time. Closing costs, property insurance, and—if applicable—flood insurance are required. Offer not available in all states.
What is the APR?
The Annual Percentage Rate is a standardized cost measure that combines the note (interest) rate plus most prepaid finance charges (such as points, certain closing fees, and mortgage insurance) expressed as a yearly rate. Because it rolls those costs into one figure, the APR lets you compare the true cost of different loan offers—even when the interest rates or fee structures differ.
How is it calculated?
We total the finance charges that must be prepaid at closing, add them to the interest scheduled to be paid over the life of the loan, and then solve for the single annual rate that would produce the same dollar cost on the same repayment schedule. Your actual APR will vary with your specific loan amount, credit profile, loan-to-value, term, property type, and other underwriting factors.
Equal Housing Lender. Federally insured by NCUA. Solidarity Community FCU • NMLS # 804855
Mortgage Inquiries/Questions
Mortgage Loan Coordinator
Serves Both Solidarity Locations
mortgages@solfcu.org
(765) 453-4020 ext 1344
Angela Rhees
Loan Originators
Main Office Location
201 E Southway Blvd. Rd.
Kokomo, IN 46902
mortgages@solfcu.org
(765) 453-4020 ext.1345
Erica Foster
Branch Location
214 N. Dixon
Kokomo, IN 46901
mortgages@solfcu.org
(765) 453-4020 ext.1348
Kathleen Walker
