Loan program
15-Year Fixed Mortgage
Pay your home off in half the time and save significantly on interest.
What type of home loan are you interested in?
All information is secure and will not be sold.
Rates are typically lower than a 30-year fixed
Far less total interest paid over the life of the loan
Builds equity quickly; a common choice when refinancing
A 15-year fixed works like a 30-year fixed, with the same locked rate and payment, but over 180 payments instead of 360. Because the loan is paid off faster and carries less risk for investors, the rate is usually lower too.
The trade-off
The monthly payment is noticeably higher than a 30-year loan for the same amount. Many borrowers compare both side by side; the mortgage calculator makes that easy.
Who uses it
Move-up buyers with strong income, homeowners refinancing who want to be mortgage-free before retirement, and anyone who values total savings over the lowest monthly payment.
Best for: Borrowers who can handle a higher payment and want to build equity fast.
Get started
What would you like to do?
A few quick questions, about two minutes. It doesn't touch your credit.