15 Year Fixed Mortgage Rate
Daylight Discount Mortgage has some of the best 15 year fixed mortgage rates in the country! Save money over the 30 year fixed mortgage if you can afford the slightly higher payments. Learn about 15 Year Fixed Mortgages below.
15 Year Fixed Rate Mortgage Tips
This loan program is perfect for individuals that can afford a higher monthly payment than a 30 year fixed loan, but want to pay less interest in the long run, thus saving more money over time.
Live in an area of high appreciation? An Option ARM could save you thousands of dollars! Just ask one of our loan advisors at 1-877-256-5681 if the Flex Option ARM is right for you.
What is a 15 Year Fixed Mortgage?
A 15 Year Fixed Loan is just like any other fixed mortgage loan where the amortization is fixed over time. But the money saved over time is substantially more versus a 40 year, 50 year, or a 30 year loan at the cost of a higher monthly payment. Check the 15 Year Fixed Rate Mortgage Calculator to see if you can afford the monthly payments.
Why choose a 15 Year Fixed Rate Mortgage?
For a $150,000 mortgage, you may pay ~30% more monthly over a 30 year fixed mortgage , but you could save nearly $93,000 of interest payments by choosing the 15 year loan. With our extremely low rates with no assumed origination fees, you can save thousands through us over our competitors.
15 Year Fixed Rate Mortgage Loan Overview:
- Save money in the long run by paying slightly higher monthly payments.
- Fixed Rate for 15 Years. This rate will never change, no matter the condition of the market.
- No pre-payment penalties on most programs. Refinancing at a lower rate if the market improves drastically will save you money in the future.
- Fixed Rate Mortgages are easy on your expense planning. They payment will stay the same throughout the life of the loan.
Apply Online Now - It's Quick, It's Easy, It's Free!
- or call 1-877-256-5681 to discuss your options with an experienced loan advisor.
Other Fixed Rate Mortgage Loan Options to Consider:
10 Year Fixed Mortgage Loan
20 Year Fixed Rate Home Loan
30 Year Fixed Mortgage Loan
40 Year Fixed Rate Mortgage Loan
50 Year Fixed Home Loan
