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30-Year Fixed-Rate Mortgage

America's most popular mortgage option. Enjoy stable, predictable payments for 30 years with a rate that never changes.

Today's Rate
6.875%
6.982% APR

Rates as low as shown. Your rate may vary based on credit and other factors.

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Benefits of a 30-Year Mortgage

Why millions of homeowners choose the 30-year fixed

Fixed Rate

Your interest rate never changes, giving you predictable payments for the life of the loan.

Lower Monthly Payments

Spread your payments over 30 years for the most affordable monthly payment.

Payment Stability

Budget with confidence knowing your principal and interest payment stays the same.

Flexibility

Make extra payments anytime to pay off your loan faster without penalty.

30-Year vs. 15-Year Comparison

Feature30-Year Fixed15-Year Fixed
Monthly Payment*$2,108$2,871
Total Interest Paid$459,000$216,000
Time to Build EquitySlowerFaster
Best ForLower payments, flexibilityPaying less interest

*Based on $350,000 loan at current rates. Principal and interest only.

Who Is a 30-Year Mortgage Best For?

First-time homebuyers seeking affordable payments

Buyers who want to maximize their purchasing power

Those who prefer budget predictability

Investors who want to preserve cash flow

Anyone who values payment flexibility

Homeowners planning to make extra payments

30-Year Mortgage FAQs

Common questions about 30-year fixed-rate mortgages

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