Safe Rate Local

Mortgage Rates in Tazewell County, IL

7.187%APR 7.223% · $1,064/mo (20% Down)
Updated daily · May 21, 2026+0.216% (14d)
Safe Rate Mortgage20% Down Conv.
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14-Day Rate Trend
+0.216%
LO 6.935%HI 7.187%TODAY 7.187%

Browse by Loan Program

See today's rates filtered to your situation — updated daily.

ProductRate / APR Mo. Payment Points
20% Down Conv.
Conventional purchase, 20% down
20% Down740 FICO30-yr
7.187%
7.223% APR
$1,064
Principal & Interest
$0 Points
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Why choose this product?

Understanding the pros and cons of the 20% Down Conv..

Motivation
Avoid mortgage insurance entirely.
Strengths
Lowest monthly payment, no PMI, and often the best pricing tier.
Limitations
Requires a substantial amount of cash upfront for the down payment.

14-Day Rate Trend

Lowest
6.935%
Highest
7.187%
Today
7.187%
15-Year Refi
15-year fixed refinance
0% Down740 FICO15-yr
6.314%
6.384% APR
$1,422
Principal & Interest
$0 Points
15-Year Purchase
15-year fixed purchase
20% Down740 FICO15-yr
6.345%
6.397% APR
$1,353
Principal & Interest
$0 Points
FHA 3.5% Down
FHA purchase, 3.5% down
+$87/mo MI
3.5% Down680 FICO30-yr
6.365%
7.138% APR
$1,200
Principal & Interest
$0 Points
FHA Streamline
FHA streamline refinance
+$87/mo MI
0% Down640 FICO30-yr
6.365%
7.138% APR
$1,200
Principal & Interest
$0 Points
Lower Credit FHA
FHA for buyers with lower credit scores
+$87/mo MI
3.5% Down580 FICO30-yr
6.377%
7.150% APR
$1,202
Principal & Interest
$0 Points
Second Home
Vacation or second home purchase
10% Down720 FICO30-yr
6.378%
6.960% APR
$1,121
Principal & Interest
$0 Points
VA 0% Down
VA purchase, no down payment
0% Down700 FICO30-yr
6.470%
6.720% APR
$1,262
Principal & Interest
$0 Points
VA Cash-Out
VA cash-out refinance
0% Down640 FICO30-yr
6.476%
6.854% APR
$1,233
Principal & Interest
$0 Points
VA IRRRL
VA streamline refinance
0% Down640 FICO30-yr
6.487%
6.643% APR
$1,128
Principal & Interest
$0 Points
HomeReady
Fannie Mae HomeReady, low-income buyers
+$111/mo MI
3% Down660 FICO30-yr
6.854%
7.228% APR
$1,247
Principal & Interest
$0 Points
Jumbo
Jumbo loan above conforming limits
20% Down760 FICO30-yr
6.875%
6.988% APR
$5,536
Principal & Interest
$0 Points
10% Down Conv.
Conventional purchase, 10% down
+$118/mo MI
10% Down720 FICO30-yr
6.928%
7.088% APR
$1,166
Principal & Interest
$0 Points
House Hacking
Multi-unit owner-occupied purchase
+$124/mo MI
5% Down680 FICO30-yr
7.223%
7.469% APR
$1,267
Principal & Interest
$0 Points
5% Down Conv.
Conventional, avg credit, 5% down
+$124/mo MI
5% Down700 FICO30-yr
7.252%
7.736% APR
$1,271
Principal & Interest
$0 Points
Rate/Term Refi
Conventional rate/term refinance
0% Down740 FICO30-yr
7.258%
7.332% APR
$1,127
Principal & Interest
$0 Points
Condo 10% Down
Condo purchase, 10% down
+$106/mo MI
10% Down720 FICO30-yr
7.439%
7.612% APR
$981
Principal & Interest
$0 Points
Cash-Out Refi
Conventional cash-out refinance
0% Down740 FICO30-yr
7.566%
7.604% APR
$1,104
Principal & Interest
$0 Points
Investment Property
Non-owner occupied rental
25% Down740 FICO30-yr
7.625%
7.771% APR
$1,041
Principal & Interest
$0 Points

Safe Rate Mortgage Pricing for Tazewell County

Median Home Value
$203,603
2-Yr Appreciation
15.0%
increase
Median Income
$82,388
household
Price-to-Income
2.5x
within reach

Rates updated daily by Safe Rate Mortgage (NMLS #1590949). Your actual rate depends on credit score, down payment, and property details.

Frequently Asked Questions

Market Snapshot

FIPS 17179
Average Home Value
$203,603
Average Rent
$978/mo
Average Income
$82,388
Property Tax
$3,779/yr
Avg Loan
$165,119
Avg LTV
84.2%

Estimated Insurance

Homeowners Insurance
HO-3 policy · covers dwelling, property & liability
$89/mo
Flood Insurance$29/mo
Risk TierHigh
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Safe Rate Mortgage. NMLS #1590949. Rates shown are representative estimates. Illinois Residential Mortgage Licensee. Loans subject to credit and property approval. Rates and terms are subject to change without notice.