15-year fixed-rate mortgage

Save more with a 15-year mortgage

Helping our members make smart financial decisions is one of the reasons we exist. It’s why we offer our members lower rates on 15-year mortgages. If you are thinking about refinancing your current home or buying a new home, taking advantage of this new rate might help you save money and put your financial dreams within reach.

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Ready to talk to our team?

Our team is here to help answer your questions and compare your options. Contact us today if you’re interested in learning more about this unique offer on our 15-year home loan.

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Current rates

Available on refinances or purchases

Whether you’re refinancing your existing home or purchasing a new home, a 15-year might be the right choice for you.

Refinance

Refinancing your mortgage can give you the option to pay off your home sooner. If you’re looking to cut the amount of credit has improved or rates are lower since you financed your home, refinancing your mortgage could be a smart financial decision.

Purchase

Since you’re paying off your loan in half the time, the monthly payments are higher on a 15-year mortgage but rates are lower than a 30-year mortgage. By paying off your loan in half the usual time, you’ll save more than a decade’s worth of interest payments.

Shorter loan, less interest

It’s simple math. By paying off your loan in half the usual time, you’ll save more than a decade’s worth of interest payments. In the first 15 years of a 30-year fixed-rate mortgage, for example, around two-thirds of your monthly payment gets eaten up by interest, and whatever’s left over gets applied to the principal. With a 15-year mortgage, it’s the opposite. Two-thirds of your payment goes toward paying down your balance, while only a third goes to interest.

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Home loan calculators

Get a clear picture of home loan payments with these calculators.

Calculate your monthly payment

Explore what your monthly payments could look like by refinancing.

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Find your break-even point

Calculate the number of months to break-even on a refinance.

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Consolidate debts into one payment

Find out what consolidated monthly payments could save you.

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Home ownership resources

Owning a home is a rewarding experience. Learn to make the most of it with our helpful home ownership articles on topics including tips on the homebuying process, using your home equity wisely and upgrading your home with smart home technology.

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Have questions?

Our loan officers are here to guide you through the homebuying process and answer your questions. Let's connect!