Fixed-rate mortgage

Your interest rate and principal-and-interest payment stay the same for the whole term.

Photo: Adobe Stock (free collection) · Adobe Stock standard license · asset 505006284 · licensed 2026-09-06 under the Chris Does Photos account

Who it's for

Buyers who want a predictable payment and plan to stay in the home for a while.

How it works

You pick a term, most often 30 or 15 years.
The rate is locked before closing and never changes.
Your principal-and-interest payment stays the same every month; taxes and insurance can still change.

What you'll need

Two years of employment or income history
Recent pay stubs, W-2s or tax returns, and bank statements
A credit history that fits the program

Common questions

Is a shorter term always better?

A shorter term means less total interest but a higher monthly payment. Whether that trade is right depends on your budget and how long you'll keep the home.

Can I pay it off early?

Yes. Conventional fixed-rate loans we arrange have no prepayment penalty.

By design this page shows no rates, APRs, payments, or down-payment percentages. Those figures are only published with the full disclosure block required by Regulation Z.