
[ 15 Year Fixed ] [ 20 Year Fixed ] [ 30 Year Fixed ]
A 20 Year Fixed Rate Mortgage allows you to make a consistent monthly payment throughout the 20 years you have the mortgage. The shorter term means you pay the loan off more quickly, and therefore pay less interest. And you’ll build equity faster than you would with a 30 year loan. (But remember the shorter term means higher payments, when compared to the 30 year fixed rate mortgage.)
[ Adjustable Rate Mortgages ]
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