After all, stability is not just a buzz word for you – it’s a way of life. With a Fixed-Rate Mortgage it’s easy to calculate payments and set repayment schedules exactly how you like it. You can plan ahead and possibly pay less interest over the life of your loan, as long as you remain financially stable.
A short-term fixed mortgage is great for those who want to pay less interest and pay off their home sooner. While your monthly payments are considerably higher, you can look forward to savings down the line. This is a great option for those who can afford it and are looking to move forward, faster.
Long term fixed-rate mortgages are a wonderful option for people looking for lower monthly payments. While you will be paying off your mortgage longer than some and pay more interest overall, this can be a great option if you would prefer to keep your current budget more flexible.
Not sure what loan option works best for you? Talk to one of our lenders.
Our lenders are always happy to help answer any of your mortgage related questions. Reach out and contact us at Jefferson Bank today!