Bank of America Online Banking
Logo Bank of America Online Banking

Bank of America Online Banking

Bank of America is headquartered in Charlotte, North Carolina and primarily operates in all fifty (50) states and has locations in forty (40) countries.

Bank of America mortgage rates allow an individual to see how much they may pay for a home by calculating the purchase price, downpayment, and interest rate in order to see their monthly amount.

Mortgage Menu

Find a Mortgage Rate

Step 1 – Go to This Webpage

Mortgage Rate Finder Page

Mortgage Rate Finder Page

Step 2 – Type in whether you are purchasing a home or refinancing. Enter the Zip Code, Purchase Price, and Down Payment. Click the “Get Rates” button and you will be redirected to show;

  • Most Popular Rates
  • Fixed Rates
  • Adjustable Rates
  • FHA & VA

In Addition to:

  • APR
  • Points
  • Closing Costs
  • and the Monthly Payment (Principal + Interest)
Sample Mortgage Rates

Sample Mortgage Rates

Mortgage Rate Estimator

If you are seeking an estimate of a mortgage rate and not necessarily an exact percentage then go to This Webpage and enter the following;

  • Zip Code
  • Purchase Price
  • Down Payment
Mortgage Rate Estimator

Mortgage Rate Estimator

Mortgage Calculators

Monthly Payment Calculator

Monthly Payment Calculator

This is to calculate the amount of payment every month. In order to find the number the following must be entered;

  • Purchase Price
  • Down Payment
  • Property Zip Code

After entering a screen will appear showing the amount of payment for a 30-year, 20-year, and 15-year fixed mortgage. There will be a breakdown below of the Interest Rate, APR, Points, and Closing Costs.

Closing Costs Calculator

Closing Costs Calculator

The closing costs are not an exact number like figuring interest rates or a monthly payment but is to give an understanding of what the expenses will be. To figure the applicant shall enter the following;

  •  Property Zip Code
  • Purchase Price
  • Down Payment
  • Type of Term – 30 Year – 20 Year – 15 Year

After clicking the ‘Calculate’ button the number will appear.

Get Pre-Qualified

Mortgage Application Start Page

Mortgage Application Start Page

If an individual would like to apply for a home loan they can under the following;

Step 1 – An applicant may get pre-qualified through one of the following options;

Step 2 – If the online route option is chosen the applicant should click on the ‘Start Online’ button on the top right corner of the page and begin the process.

Step 3 – Enter personal name and address information including;

Name and Address

Name and Address

  • Name (First, Middle, Last)
  • Street Address
  • Phone Numbers (Daytime and Evening)
  • Email Address

All information that is entered must be correct and is encouraged to be double-checked by the applicant.

Step 4 – Enter Identity and Co-Applicant Information

Identity and Co-Applicant

Identity and Co-Applicant

  • Date of Birth
  • Residency Status
  • Co-Applicant Pre-Qualification

All the information of the co-applicant must be confirmed and be entered out of their own free will.

Step 5 – Loan Request Information

Loan Request Information

Loan Request Information

  •  Purpose of the Loan
  • Purchase Timeframe
  • Sales Price of Property
  • Borrowing Amount
  • Zip Code of Property
  • Plan for Use of Property
  • Type of Property

After the application is complete you may be re-directed to another page to verify employment, income, and other personal details. A representative will usually call you to inform your status of your loan.