PURDUE FEDERAL CREDIT UNION closing costs and rates (2024)
In 2024, PURDUE FEDERAL CREDIT UNION originated 406 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $2,510. That is $4,231 below the national median of $6,741. PURDUE FEDERAL CREDIT UNION is most active in Indiana with 356 originations there.
Purchase Originations
406
Median Total Costs
$2,510
−62.8% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$582
Median Lender Credits
$511
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 406 | 6.625% | $2,510 | $582 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Indiana | 356 | 6.625% | $2,326 | #51 |
| Illinois | 10 | 6.250% | $5,761 | — |
| Michigan | 6 | 6.375% | $4,030 | — |
| California | 4 | 7.000% | $6,793 | — |
| Colorado | 4 | 6.125% | $2,635 | — |
| Florida | 4 | 6.812% | $6,546 | — |
| Ohio | 3 | 6.375% | $5,116 | — |
| Pennsylvania | 3 | 6.500% | $4,202 | — |
| Massachusetts | 2 | 6.750% | $6,398 | — |
| Minnesota | 2 | 6.250% | $4,792 | — |
| Tennessee | 2 | 6.375% | $2,437 | — |
| Alabama | 1 | 6.500% | $4,002 | — |
| Arizona | 1 | 6.625% | $3,150 | — |
| Georgia | 1 | 6.125% | $4,696 | — |
| Louisiana | 1 | 7.250% | $6,896 | — |
| Missouri | 1 | 6.375% | $2,686 | — |
| North Carolina | 1 | 7.125% | $4,582 | — |
| New Mexico | 1 | 7.125% | $2,771 | — |
| Texas | 1 | 5.250% | $4,958 | — |
| Washington | 1 | 6.875% | $6,873 | — |
| Wyoming | 1 | 6.375% | $2,773 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,641 | 6.375% | — | 3 | −$869 | |
| 2 | $1,652 | 6.625% | — | 3 | −$858 | |
| 3 | $1,951 | 6.125% | — | 3 | −$559 | |
| 4 | $2,025 | 7.000% | — | 13 | −$485 | |
| 5 | $2,291 | 6.625% | — | 254 | −$219 | |
| 6 | $2,292 | 6.750% | — | 7 | −$218 | |
| 7 | $2,348 | 6.625% | — | 6 | −$162 | |
| 8 | $2,374 | 6.875% | — | 3 | −$136 | |
| 9 | $2,440 | 6.875% | — | 3 | −$70 | |
| 10 | $2,509 | 6.875% | — | 9 | −$1 | |
| 11 | $2,522 | 6.625% | — | 6 | +$12 | |
| 12 | $2,631 | 5.875% | — | 5 | +$121 | |
| 13 | $2,713 | 6.625% | — | 3 | +$203 | |
| 14 | $2,726 | 6.500% | — | 4 | +$216 | |
| 15 | $2,757 | 6.875% | — | 9 | +$247 | |
| 16 | $2,816 | 6.625% | — | 9 | +$306 | |
| 17 | $3,081 | 6.938% | — | 4 | +$571 | |
| 18 | $3,696 | 7.000% | — | 3 | +$1,186 | |
| 19 | $5,769 | 6.125% | — | 3 | +$3,259 | |
| 20 | $6,604 | 6.500% | — | 5 | +$4,094 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.