Mortgages 30 year

A 30-year fixed-rate mortgage is the most popular home financing option in the United States. By opting for a 30-year fixed you will enjoy low monthly payments and will have more spare cash on other projects. View the leading best-buy mortgages that will fit your home financing demands.
Get offers
How much money?
You need
0 offers
Order by: 0 offers by:
No results found for your search criteria.

Most comfortable decision

A 30-year fixed-rate mortgage is the most common home financing option in the United States today. As the loan name suggests, the interest rate is fixed for the entire life of the loan, thus guaranteeing stable monthly payments. So, why a 30-year fixed has become the most popular type of home loans, and what are the downsides of this mortgage option? Mike Credit outlined the pros and cons of the most popular home financing choice among Americans.


  • A 30-year fixed will enable you to buy a bigger and better house since the same monthly payments over a 30-year period allow you to borrow a greater sum of money than short-term mortgages would provide.
  • Monthly payments are relatively low, so you will have a chance to save money for other purposes, such as college tuition, savings or investments.
  • You can plan your budget in advance because you know how much exactly you will pay each month, unlike adjustable-rate mortgage holders.
  • If mortgage rates rise, you will still pay the interests lower than average on the market. If mortgage rates fall, you will be able to refinance.
  • You can pay your mortgage off sooner than in 30 years by consistently making larger payments. Thus you will save on interests, and if finances get tight you will always have an option of returning to the the 30-year schedule.


  • Refinancing is quite expensive as you must pay the closing costs of the loan, so refinancing each time the interest rates go down doesn't make sense.
  • 30-year mortgage rates are significantly higher than in other mortgage programs due to a longer term. Despite fairly low monthly payments, over a 30-year period you will pay in interests twice more than, for example, for a 15-year mortgage.

As any other loan, a 30-year fixed-rate mortgage has its pros and cons that you should be aware of. If advantages of the classic all-American mortgage outweigh its negative sides for you, use our mortgage calculator to check out the best 30 year fixed mortgage rates today from hundreds of different lenders.