| This loan has the lowest fixed rate combined with the quickest payoff of your home. The rate is fixed for the 15 year term, so you can relax that your payment won’t change. More of your payment is applied to principal each month since the term is only 15 years. |
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One of the newest loans to meet a broad set of needs. 40 year fixed is like the traditional 30 year fixed, but it extends the term to 40 years which lowers your payment and allows you to qualify for a higher loan amount. |
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