30 year fixed mortgage
Why a 30 year fixed mortgage?
Most people like the security of knowing that their monthly mortgage payment is not going to change with market conditions. In a 30 year fixed mortgage, your principal and interest payments do not change throughout the term of the loan. Homeowners who plan on staying in their home for many years usually prefer a 30 year fixed. It is the longest term available which provides you with the lowest yet most stable payment.
If you are considering purchasing a home or refinancing and existing loan, the stability of knowing that your payments are locked-in for the loan term can provide you with the security in your financial planning. A 30 year fixed mortgage may be the ideal choice for you in this scenario.
15 year fixed mortgage
Why a 15 year mortgage?
Whether your plans of retirement are in the near future or you just got the raise you deserve, a 15 year mortgage may be a good choice for you. The advantages of a 15 year fixed mortgages are lower interest rates as well as lower interest paid throughout the term of the loan. Build equity in your home in half the time, and lock in a fixed low interest rate and monthly mortgage payment.
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Go Direct Lenders, LLC. "DBA" Veterans Direct - NMLS #1028986.
Not affiliated with the Dept. of Veterans Affairs or any government agency.
655 North Central Avenue 1736A Glendale, CA 91203
1.888.970.3098
Go Direct Lenders, LLC. "DBA" Veterans Direct - NMLS #1028986.
Not affiliated with the Dept. of Veterans Affairs or any government agency.
Financing closing costs may increase the principal balance of the loan request, reducing overall savings. Consult the loan-specific disclosures.
Please remember that we don't have all your information, such as taxes and insurance amounts or other variables. Therefore, the rate and payment results you see from this calculator may not reflect your actual situation.Go Direct Lenders offers a wide variety of loan options. You may still qualify for a loan even in your situation doesn't match our assumptions. To get more accurate and personalized results, please call us.