Which is better, shorter or longer term?
Which is better, shorter or longer term?
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Selecting the term for your fixed rate mortgage

Selecting the term for your fixed rate mortgage is generally a consideration between how much of a monthly payment you want to carry and how long of a time period for holding the loan.

 

When using the calculators, please keep in mind that the results of any loan calculator computations are not intended to be and should not be considered a decision of, or a commitment to, the loan type or amount for which you may qualify

Note: Please review your options with your loan officer to confirm the validity of these projections. To learn more about the mortgage process or for information regarding rates, preapproval or how to start the application process, contact us at 1-800-873-6577.

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1-800-873-6577


Rates shown not available in all states. Rates are representative and rounded to nearest point. Actual rates may vary.
View: Assumptions & Monthly Payments.


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  • Our custom rate tool provides you with a reasonable estimate of which interest rate or rates may be available to you based on where you live, the type of home you are buying and your personal credit score.

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