Enjoy the security of knowing your principal and interest payment won't change due to fluctuating market interest rates, offering long-term peace of mind and budget certainty.
Benefit from lower monthly principal and interest payments compared to shorter-term loans like a 15-year mortgage, making homeownership potentially more affordable on a month-to-month basis.
Interest rate is fixed for the full 30 years.
Principal & Interest (P&I) payments remain the same.
More affordable payments than 15-year loans.
The most common loan term selected by homebuyers.