Capitol Federal Savings Bank Mortgage Rates, Fees & Info

Topeka, KS

LEI: 549300C61LNGA8J8EF85

Tax ID: 48-0160040

5 stars - Updated: 6/9/24 - out of 5 stars, based on 45 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Capitol Federal Savings Bank is a smaller bank specializing in Home Purchase loans. Capitol Federal Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Kansas City, Topeka, Wichita, Springfield, and Nashville among others. We have data for 65 markets. (Some data included below & more in-depth data is available with an active subscription.)

Capitol Federal Savings Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Capitol Federal Savings Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 6/9/24
30 Year Conventional Purchase 6.33% 6/9/24
30 Year Conventional Refi 6.29% 6/9/24
30 Year Cash-out Refi 6.30% 6/9/24
30 Year VA Purchase 5.92% 6/9/24
30 Year VA Refi 5.82% 6/9/24
15 Year Conventional Purchase 5.54% 6/9/24
15 Year Conventional Refi 5.69% 6/9/24
15 Year Cash-out Refi 5.69% 6/9/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Capitol Federal Savings Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Capitol Federal Savings Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

2,003

Origination Dollar Volume (All Markets)

$709,035,000
Show all (13) awards

Relative Rate

Capitol Federal Savings Bank's average 30 year fixed mortgage rate was 5.9%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of -0.58%.

Relative Fees (Closing Costs)

Capitol Federal Savings Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $4,662.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
KANSAS CITY, MO-KS (FHA|USDA|VA) 931 $354,535,000 $380,811 $4,145 6.96%
TOPEKA, KS (FHA|USDA|VA) 222 $68,500,000 $308,559 $2,729 6.96%
WICHITA, KS (FHA|USDA|VA) 360 $64,000,000 $177,778 $2,940 6.73%
SPRINGFIELD, MO (FHA|USDA|VA) 26 $33,180,000 $1,276,154 $5,150 5.43%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 40 $30,070,000 $751,750 $10,184 5.22%
LAWRENCE, KS (FHA|USDA|VA) 102 $17,750,000 $174,020 $2,225 7.66%
LINCOLN, NE (FHA|USDA|VA) 39 $17,395,000 $446,026 $7,278 4.73%
ST. LOUIS, MO-IL (FHA|USDA|VA) 27 $14,375,000 $532,407 $8,656 4.95%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 27 $12,055,000 $446,481 $5,536 4.55%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 15 $9,815,000 $654,333 $15,797 5.07%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 10 $7,840,000 $784,000 $8,146 6.14%
Outside of Metro Areas 19 $6,475,000 $340,789 $5,551 6.28%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 10 $6,310,000 $631,000 $8,085 5.56%
MANHATTAN, KS (FHA|USDA|VA) 30 $5,310,000 $177,000 $2,061 7.42%
KNOXVILLE, TN (FHA|USDA|VA) 9 $5,015,000 $557,222 $9,887 5.46%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 6 $4,590,000 $765,000 $13,354 5.52%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $3,130,000 $782,500 $4,421 6.09%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 9 $3,105,000 $345,000 $3,140 6.44%
COLUMBIA, MO (FHA|USDA|VA) 6 $2,880,000 $480,000 $4,891 5.56%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 5 $2,275,000 $455,000 $3,890 5.65%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $2,230,000 $1,115,000 $18,255 6.13%
AMES, IA (FHA|USDA|VA) 6 $1,990,000 $331,667 $4,083 5.94%
Kearney, NE (FHA|USDA|VA) 4 $1,980,000 $495,000 $6,792 4.91%
JOPLIN, MO (FHA|USDA|VA) 6 $1,940,000 $323,333 $3,735 5.19%
TUSCALOOSA, AL (FHA|USDA|VA) 3 $1,875,000 $625,000 $11,943 5.04%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $1,660,000 $830,000 $7,152 3.25%
Ottawa, KS (FHA|USDA|VA) 3 $1,595,000 $531,667 $12,705 7.46%
JACKSON, MS (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $19,193 4.13%
Albertville, AL (FHA|USDA|VA) 2 $1,480,000 $740,000 $15,338 4.94%
APPLETON, WI (FHA|USDA|VA) 3 $1,465,000 $488,333 $2,842 5.75%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $1,430,000 $715,000 $2,915 6.56%
Branson, MO (FHA|USDA|VA) 2 $1,390,000 $695,000 $7,568 6.19%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $1,270,000 $635,000 $13,092 5.88%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $1,245,000 $1,245,000 $6,683 4.75%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $1,110,000 $555,000 $5,014 5.06%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $1,095,000 $1,095,000 $5,392 5.88%
OKLAHOMA CITY, OK (FHA|USDA|VA) 4 $1,090,000 $272,500 $4,460 5.91%
TULSA, OK (FHA|USDA|VA) 3 $1,035,000 $345,000 $5,013 6.29%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $980,000 $490,000 $8,222 6.19%
JACKSON, TN (FHA|USDA|VA) 1 $975,000 $975,000 $10,466 6.13%
GREEN BAY, WI (FHA|USDA|VA) 4 $930,000 $232,500 $3,415 6.75%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $860,000 $430,000 $12,054 5.50%
SAVANNAH, GA (FHA|USDA|VA) 1 $765,000 $765,000 $14,876 4.75%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $735,000 $735,000 $12,939 5.88%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $630,000 $315,000 $6,784 6.25%
Salina, KS (FHA|USDA|VA) 9 $625,000 $69,444 $1,268 8.25%
Emporia, KS (FHA|USDA|VA) 10 $590,000 $59,000 $931 8.44%
Hutchinson, KS (FHA|USDA|VA) 3 $575,000 $191,667 $5,178 7.17%
MADISON, WI (FHA|USDA|VA) 2 $420,000 $210,000 $3,118 6.31%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $405,000 $405,000 $2,811 6.63%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $405,000 $405,000 $3,697 6.63%
WAUSAU-WESTON, WI (FHA|USDA|VA) 2 $390,000 $195,000 $2,693 7.06%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $385,000 $385,000 $4,713 7.38%
Ardmore, OK (FHA|USDA|VA) 2 $370,000 $185,000 $3,770 6.44%
GRAND ISLAND, NE (FHA|USDA|VA) 1 $355,000 $355,000 $7,053 4.00%
Fremont, NE (FHA|USDA|VA) 1 $355,000 $355,000 $6,127 5.25%
Stillwater, OK (FHA|USDA|VA) 1 $325,000 $325,000 $6,270 6.25%
Atchison, KS (FHA|USDA|VA) 1 $315,000 $315,000 $2,282 6.00%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $305,000 $305,000 $7,028 5.13%
Winfield, KS (FHA|USDA|VA) 3 $285,000 $95,000 $2,432 7.38%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $265,000 $265,000 $3,157 6.00%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $255,000 $255,000 $4,577 5.88%
Pittsburg, KS (FHA|USDA|VA) 1 $205,000 $205,000 $3,773 6.38%
Marshalltown, IA (FHA|USDA|VA) 1 $185,000 $185,000 $2,625 6.00%
Coffeyville, KS (FHA|USDA|VA) 1 $155,000 $155,000 $2,487 5.13%
Capitol Federal Savings Bank's top markets include Kansas City, Topeka, Wichita, Springfield, and Nashville among others.

Their top states include:
  • Kansas (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Nebraska (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Capitol Federal Savings Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    PANHANDLE FEDERAL CREDIT UNION
    Similarity Rank: 6
    ESB Financial
    Similarity Rank: 12
    Republic Bank
    Similarity Rank: 21
    RTN FEDERAL CREDIT UNION
    Similarity Rank: 40
    METRO CU
    Similarity Rank: 56
    BLUCURRENT
    Similarity Rank: 56
    HOME BANK AND TRUST COMPANY
    Similarity Rank: 60
    South Metro Federal Credit Union
    Similarity Rank: 75
    CoreFirst Bank & Trust
    Similarity Rank: 90

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,497 $658,775,000 $440,063 $4,429 6.01%
    HELOC 504 $49,840,000 $98,889 n/a 8.83%
    VA 2 $420,000 $210,000 $3,905 7.19%

    For 2023, Capitol Federal Savings Bank's most frequently originated type of loan was Conventional, with 1,497 originations. Their 2nd most popular type was HELOC, with 504 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,199 $591,055,000 $492,957 $5,080 6.05%
    Home Improvement 424 $27,060,000 $63,821 $361 7.78%
    Refi 167 $61,915,000 $370,749 $4,923 7.48%
    Other 141 $12,195,000 $86,489 $842 8.52%
    Cash Out Refi 72 $16,810,000 $233,472 $2,934 6.20%

    For 2023, Capitol Federal Savings Bank's most frequently cited loan purpose was Home Purchase, with 1,199 originations. The 2nd most popular reason was Home Improvement, with 424 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,090 $428,210,000 $392,853 $4,662 5.90%
    Other 526 $43,610,000 $82,909 $1,261 8.64%
    15 Year 118 $26,670,000 $226,017 $2,913 5.97%
    20 Year 79 $9,785,000 $123,861 $1,252 8.36%
    1 Year 74 $4,910,000 $66,351 $0 4.49%
    30+ year 73 $61,015,000 $835,822 $12,663 6.08%
    10 Year 34 $2,570,000 $75,588 $465 8.08%
    5 Year 6 $122,050,000 $20,341,667 $212 7.48%
    3 Year 3 $10,215,000 $3,405,000 $0 7.69%

    For 2023, Capitol Federal Savings Bank's most frequently cited loan duration was 30 Year, with 1,090 originations. The 2nd most popular length was Other, with 526 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 560 $184,470,000 $329,411
    $<1k 501 $107,435,000 $214,441
    $5k+ 236 $163,790,000 $694,025
    $2k-3k 66 $27,080,000 $410,303
    $4k-5k 64 $30,360,000 $474,375
    $3k-4k 47 $17,515,000 $372,660

    Capitol Federal Savings Bank's average total fees were $4,662, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 560 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 578 $273,650,000 $473,443
    Over 8% 567 $43,475,000 $76,675
    5-6% 453 $183,785,000 $405,706
    7-8% 160 $67,600,000 $422,500
    4-5% 131 $98,105,000 $748,893
    3-4% 56 $32,060,000 $572,500
    <2.5% 41 $205,000 $5,000
    2.5-3% 17 $10,155,000 $597,353

    During 2023, Capitol Federal Savings Bank's average interest rate for loans was 5.90%, while their most frequently originated rate bucket for loans was 6-7%, with 578 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 616 $28,100,000 $45,617 $917 7.78%
    $200k-400k 525 $153,585,000 $292,543 $3,655 6.22%
    $100k-200k 349 $49,595,000 $142,106 $2,494 7.21%
    $400k-600k 265 $126,465,000 $477,226 $5,691 5.65%
    $600k-1MM 187 $143,765,000 $768,797 $8,795 5.55%
    $1MM+ 61 $207,525,000 $3,402,049 $14,399 5.66%

    2023 saw Capitol Federal Savings Bank place emphasis on $100,000 or less loans with 616 originations, totaling $28,100,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 498 $172,000,000 $345,382 $4,861 6.68%
    $100k-150k 492 $107,240,000 $217,967 $3,826 6.95%
    $250k+ 339 $213,965,000 $631,165 $8,372 6.42%
    $75k-100k 242 $39,710,000 $164,091 $3,010 7.03%
    $50k-75k 237 $26,395,000 $111,371 $2,296 7.27%
    $50k or less 108 $7,570,000 $70,093 $1,915 7.01%

    Capitol Federal Savings Bank lent most frequently to those with incomes in the $150k-250k range, with 498 originations. The second most popular income band? $100k-150k, with 492 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 528 $137,500,000 $260,417 $4,201 6.96%
    30-36% 464 $150,660,000 $324,698 $4,865 6.71%
    <20% 193 $44,585,000 $231,010 $4,119 6.85%
    41% 154 $44,820,000 $291,039 $4,117 7.03%
    42% 127 $40,335,000 $317,598 $4,645 6.76%
    37% 102 $35,370,000 $346,765 $4,850 6.56%
    39% 99 $30,535,000 $308,434 $4,896 6.96%
    40% 90 $30,590,000 $339,889 $5,548 6.97%
    38% 85 $24,775,000 $291,471 $4,075 6.90%
    36% 82 $28,140,000 $343,171 $4,949 6.60%
    43% 5 $1,315,000 $263,000 $3,917 6.68%

    Capitol Federal Savings Bank lent most frequently to those with DTI ratios of 20-30%, with 528 originations. The next most common DTI ratio? 30-36%, with 464 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,632 $478,180,000 $293,002 $4,515 6.87%
    Not applicable 24 $128,940,000 $5,372,500 $0 7.48%
    Not provided 196 $64,500,000 $329,082 $4,643 6.73%
    Black 80 $14,370,000 $179,625 $2,661 3.94%
    Asian 35 $12,325,000 $352,143 $4,496 6.19%
    Asian Indian 10 $5,260,000 $526,000 $4,269 5.79%
    American Indian 16 $2,650,000 $165,625 $3,973 6.63%
    Other Asian 3 $1,555,000 $518,333 $4,738 4.88%
    Other Pacific Islander 1 $745,000 $745,000 $5,818 4.25%
    Korean 2 $350,000 $175,000 $3,391 7.81%
    Vietnamese 2 $80,000 $40,000 $1,870 5.69%
    Filipino 1 $75,000 $75,000 $0 8.25%
    Native Hawaiian or Islander 1 $5,000 $5,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.39%

    Capitol Federal Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.37%

    Capitol Federal Savings Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,003 $709,035,000 $353,987

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,003 $709,035,000 $353,987

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 290 $40,920,000 $141,103 $2,756 7.83%
    40-60% 203 $96,785,000 $476,773 $4,487 6.29%
    60-80% 540 $330,120,000 $611,333 $5,498 6.01%
    80-100% 525 $221,115,000 $421,171 $4,887 6.02%
    Under 20% 404 $19,890,000 $49,233 $500 8.67%