15-Year Fixed-Rate Mortgage Explained | Quicken Loans Education


Published on Oct 27, 2014

The 15-year fixed-rate mortgage is a popular choice for homeowners and home buyers for many reasons. You’ll save thousands of dollars in interest compared to a 30-year fixed mortgage, and you’ll pay off your home in half the time. The 15-year fixed is amortized over 15 years, meaning you’ll have 15 years of monthly mortgage payments at a rate and payment that will never change. The 15-year fixed is a conventional loan that’s also available in an FHA loan and a VA loan. For more information on 15-year fixed mortgages, go to http://www.QuickenLoans.com/Home-Loan….

Please follow and like us:

Leave a Reply

Your email address will not be published.


By submitting this form, you are consenting to receive marketing emails from: Buyers Trust Real Estate - BIOS Building Technologies, 147 Elm Street, Thomaston, CT, 06787, http://buyerstrustrealestate.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact