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Lock In Stability with a Fixed-Rate Mortgage
Enjoy steady monthly payments and long-term peace of mind.
A fixed-rate mortgage keeps your interest rate the same for the life of the loan—no surprises, no rate hikes.
What Is a Fixed-Rate Mortgage?
A fixed-rate mortgage is a home loan with an interest rate that stays the same for the entire term. Whether you choose 15, 20, or 30 years, your principal and interest payments won’t change—making it easier to budget over time.
How It Works
📅 Choose your term—typically 15, 20, or 30 years
📈 Rate stays fixed—no matter what the market does
💵 Monthly payments stay consistent
✅ Predictable budgeting with no rate resets
20-Year Fixed-Rate Mortgage
Falling between the 30-year and 15-year terms, the 20-year fixed-rate mortgage strikes a balance. It provides relatively lower monthly payments compared to a 15-year loan while allowing homeowners to pay off their mortgage faster than a 30-year term. This option appeals to buyers seeking a middle-ground solution.
Why Choose a Fixed Rate?
It’s ideal for buyers who plan to stay in their home long-term and want stability—especially when rates are still relatively low.
Why Buyers Choose Fixed-Rate Mortgages:
🛑 No rate changes—ever
📆 Set payment for 15–30 years
📊 Easier to budget long-term
🔐 Great for long-term homeownership
🏠 Ideal in low or stable rate environments
Fixed-Rate FAQs
Only if taxes or insurance change. The loan’s principal and interest stay the same.
Yes! Many lenders allow early payoff with no penalty.
It depends. Fixed rates offer stability; ARMs may start lower but can rise.
About Us
Loaningnow delivers a modern mortgage experience built for clarity, speed, and simplicity—empowering borrowers with smarter tools, faster approvals, and a seamless path to homeownership.
Company NMLS: 2710636
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Disclosures and License Information
Texas Mortgage Disclosure: Consumers wishing to file a complaint against a mortgage banker or licensed residential mortgage loan originator should contact the Texas Department of Savings and Mortgage Lending (SML). Visit [www.sml.texas.gov](https://www.sml.texas.gov) for instructions and to obtain a complaint form. Mailing Address: 2601 North Lamar, Suite 201, Austin, TX 78705 • Toll-Free: 1-877-276-5550 (Required per 7 TAC §80.200(b))