30-Year FixedA fixed rate mortgage offers a fixed interest rate and payment for the life of the loan. For a 30-year, you pay down the amount of your loan (known as the principal) in 360 equal monthly payments.
| 30-Year Fixed A fixed rate mortgage offers a fixed interest rate and payment for the life of the loan. For a 30-year, you pay down the amount of your loan (known as the principal) in 360 equal monthly payments. |