Fixed Rate Mortgage

10, 15, 20, 25 and 30 year Fixed


A fixed rate mortgage is a mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust.


The payment amount is independent of the additional costs on a home sometimes handled in escrow, such as property taxes and property insurance.



  • Monthly payments are fixed over the life of the loan.
  • Interest rate does not change.
  • Protected if rates go up.
  • Can refinance if rates go down.