30 Year Fixed Rate Mortgage
The steady, predictable choice for buyers who plan to stay.
Why the 30 year fixed is America’s favorite mortgage
With a 30 year fixed rate mortgage, your interest rate never changes for the life of the loan. Your principal and interest payment stays the same from the first month to the last, which makes budgeting simple even as your taxes and insurance change over time.
Who it’s best for
- Buyers who plan to stay in the home for many years
- First time buyers who want the most manageable payment
- Anyone who values stability over the lowest possible starting rate
- Buyers who want flexibility to pay extra toward principal when they choose
Things to weigh
Because you’re borrowing over a longer period, you’ll pay more total interest than you would on a shorter term. Many of Curtis’s clients choose a 30 year loan for the lower required payment and then make extra principal payments when it suits them, which shortens the payoff without locking them into a higher payment.
Conventional, FHA, VA or USDA
“30 year fixed” describes the term and rate structure, not the loan program. The same structure is available across conventional, FHA, VA, USDA and jumbo loans. Curtis will compare the programs you’re eligible for side by side so you can see the real cost differences.
Frequently asked questions
Can I pay off a 30 year fixed early?
Most loans today have no prepayment penalty, so you can make extra payments or pay the loan off early. Curtis will confirm the terms for your specific loan before you commit.
Is a 30 year or 15 year better?
It depends on your goals and budget. A shorter term usually has a lower rate and much less total interest but a higher required payment. Curtis can show you both side by side.
Can I refinance later?
Yes. If rates fall or your goals change, you can explore a refinance. Curtis watches the market for his clients and will reach out when it makes sense.
This page is general information, not a commitment to lend or an offer of credit. Program availability, eligibility and terms depend on your credit, income, property and lender guidelines and are subject to change. Contact Curtis for options specific to you.
Not sure which loan fits?
That’s Curtis’s job. Answer a few quick questions and he’ll compare your options across 60+ lenders.