15 Year Fixed Mortgage

The interest rate on a 15 year fixed rate mortgage is fixed for the full term of the mortgage. Principal and interest payments are also fixed for the full term of the mortgage. The loan amount is amortized over 15 years.

Want to save on your interest costs ?

You save more than half the amount of interest of a 30-year mortgage. On a $75,000 mortgage at 9.5 percent, you save more than $95,000 Check out our Daily Mortgage Rates to see if you can start saving today.

Interested in security against rising mortgage rates and higher payments?

It can be a lot easier to budget your money when you know your mortgage interest rate isn't going to change every month or every year. A 15 year mortgage lets you know what your payments will be, both for today and for the entire term of your loan.

Advantages:

A lower interest rate than a 30 year fixed mortgage.

Disadvantages:

A higher monthly payment than a 30 year fixed mortgage.

Need help?

Determining which program is right for you can be a very difficult task. Please contact a Midwest Mortgage consultant and we will walk you through all the options and help you pick a program that fits your needs.

Secure Online Application

Call Me
	Have a Mortgage Consultant call you at a convenient time. * = required
	First Name *

	Last Name *

	Phone *

	Best Time to Call

	Email

	Purpose of Loan

	Loan Amout

Receive up to date Mortgage Rates in your E-Mail
	Email: