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The Bank of New Glarus closing costs and rates (2024)

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In 2024, The Bank of New Glarus originated 239 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $2,668. That is $4,073 below the national median of $6,741. The Bank of New Glarus is most active in Wisconsin with 224 originations there.

Purchase Originations

239

Median Total Costs

$2,668

−60.4% vs national ($6,741)

Median Rate

6.875%

+3.9% vs national (6.620%)

Median Origination

$525

Median Lender Credits

$150

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional2336.875%$2,660$525

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Wisconsin2246.875%$2,670#52
Illinois106.375%$2,617
Tennessee26.995%$4,300
Indiana15.875%$2,186
Minnesota16.500%$2,537
Ohio15.875%$1,850

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$1,4676.500%1−$1,201
2$1,8505.875%1−$818
3$1,9276.688%8−$741
4$2,1776.688%4−$491
5$2,1865.875%1−$482
6$2,4966.438%2−$172
7$2,5796.933%92−$89
8$2,6656.188%4−$3
9$2,6687.125%5+$0
10$2,7287.000%14+$60
11$2,7466.688%4+$78
12$2,7936.875%6+$125
13$2,8617.062%2+$193
14$2,9966.625%76+$328
15$3,1986.812%2+$530
16$3,8626.438%2+$1,194
17$4,0197.240%1+$1,351
18$4,5816.750%1+$1,913
19$5,2947.058%2+$2,626
20$5,5106.625%2+$2,842

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.