15 Year Fixed Rate

The conventional 15 Year Fixed Rate Mortgage is a popular way to finance a home purchase or refinance.

15 Year Fixed RateThis loan, similar to the 30 Year Fixed Rate Mortgage, offers payment security; your payment will remain the same through to the last payment. The only changes to your monthly payment can happen through an adjustment to your property tax and/or homeowners insurance if they are included into the mortgage payments.

The benefit of the 15 Year Fixed Rate Mortgage over the 30 Year, is not only will you pay off your loan faster, but you will have access to lower interest rates and pay less in interest over the course of the loan, saving you thousands or tens of thousands of dollars. Because the mortgage is repaid over 15 years instead of 30 years, the monthly mortgage payments will be higher with the 15 Year Fixed Rate Mortgage.

 

How To Get Started

To select a 15 Year Fixed Rate, apply online, or contact us today: 808-270-2775 or toll-free 1-877-270-2542

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