10-or 15-Year Fixed Rate Refinance

Does it Make Sense to Refinance to a 15 Year Fixed?

In addition to the benefits of having a fixed rate mortgage, a 10- or 15- year refinance offers you these benefits:

Your loan will be paid off more quickly.
A shorter term loan means getting that loan paid off more quickly, especially if you had more than 15 years remaining on your existing home loan.

You will pay less total interest over the life of the loan.
Although your monthly payments will be higher because of the shorter term, you will actually be paying less back over the life of the loan.

We can help you to determine if 10- or 15-year fixed payments are manageable for you. Get started by completing the form and telling us a little more about what you’re looking for in a refinancing loan.