15
Year Mortgage Programs
A 15 year home loan offers the security of a fixed
rate program coupled with the accelerated pay down
benefits of a shorter term product. Although fifteen
years may sound like a long time down the road, you
would be amazed at how much more of your payment gets
put toward principle with this product rather than
that of a 40 year home loan or 30 year fixed rate
mortgage (especially at the earlier stages of the
loan). Sure, your monthly payment will be higher but
the amount of interest paid over the course of the
loan will be significantly less.
Request 15 year mortgage rates and information
(options):
1. Call 877-728-3569 for a 15 year mortgage
quote.
2. Complete the AAXA Rate Quote Form.
3. Fill out a free, no obligation online
mortgage application.
15 Year Mortgage vs a 30 Year Product (example)
15 Year Fixed Rate at 5.50%
$150,000 Loan Amount
Monthly principal and interest payment: $1,225.63
Total interest paid over the life of the loan: $70,612.53
Average monthly interest paid over the life of the
loan: $196.15
30 Year Fixed at 5.75%
$150,000 Loan Amount
Monthly principal and interest payment: $875.36
Total interest paid over the life of the loan: $165,129.34
Average monthly interest paid over the life of the
loan: $458.69
Total interest saved by choosing a 15 Year Fixed Mortgage:
$94,516.81
Best 15 Year Fixed Rate
AAXA's wholesale investors continually offer us the some of the best 15 year
mortgage rates in the industry. Due to our sheer volume
of business, we receive pricing incentives which we,
in turn, pass along to our clients. You can contact
an AAXA loan advisor at
877-RATE-LOW (877-728-3569)
or apply using our
online
mortgage application. We will be able to provide
you with a 15 year fixed mortgage rate quote in a matter
of minutes. Also, be sure to ask your loan advisor for
a Good Faith Estimate of closing costs and Truth-In-Lending
disclosure of the estimated APR of the 15 year home
loan.
Other fixed rate products:
10
Year Fixed Mortgage Rate
20
Year Fixed Rate Mortgage
30
Year Fixed Mortgage Rate
40
Year Fixed Mortgage Rate