A fixed-rate loan can mean greater peace of mind
Fixed-rate mortgages appeal to the planner in all of us. Payment amount and duration of the loan are fixed, which helps you to accurately project future expenses. They’re a good long-term option for buyers planning to stay in their home for 10 or more years.
1 Example: For a $300,000 Fixed-rate mortgage for a term of 30 years with a 3.673% APR (Annual Percentage Rate) and 0 points paid, the monthly payment will be $1,368.15 (this payment includes principal and interest only and does not include PMI, taxes, insurance or other applicable escrows. Actual payment obligation will be greater). This Annual Percentage Rate (APR) listed as an example only and does not represent a guaranteed rate. Check our rate page for current rates. Rates are subject to change at any time. Interest Rates and APRs are discounted by 0.25% and require an automatic payment deduction from a personal account at an ACH network institution and are applicable only to loan amounts equal to or less than $1,500,000. For interest rates, APRs and loan terms on specific products use the customized rate quote link. The automatic payment deduction must be maintained for the life of the loan in order to retain the discounted interest rate and APR. The interest rate and APR will increase if the automatic payment deduction is cancelled. Discount does not apply to Government Assisted loans or Home Equity Loans. Offer applies to new or refinance loans only, not valid for current loans. Offer is subject to change without notice and may be withdrawn at any time. All loans are subject to the credit approval process.
- Borrow up to $424,100.
- Available in 15-, 20- and 30-year terms.1
- Locking in a rate can save you money if interest rates rise in the future.
- Monthly payments are predictable (notwithstanding increased property tax and insurance payments if those are rolled into your monthly mortgage payment).
2 A prequalification/estimate are guidelines; the estimate is not an application for credit and results do not guarantee loan approval or denial.