Fixed-rate, fully amortizing loans have two distinct features. First, the interest rate remains fixed for the life of the loan. Second, the principle and interest payments remain level for the life of the loan, which is structured to repay the loan at the end of the loan term. Property taxes and homeowner’s insurance may increase, but generally, your monthly payments will be very stable.
APGFCU offers fixed-rate mortgages for 30-, 20-, 15- and 10-year terms1. The 30-year and 15-year loans are the most popular. Here are some features of each:
30-Year Fixed-Rate Loan
15-Year Fixed-Rate Mortgage
Purchase or Refinance Your Fixed-Rate Loan Here
To learn more about fixed-rate mortgages, call 888-LOAN-391 (888-562-6391) to receive a call from an APGFCU Mortgage Consultant.
Membership eligibility and other restrictions apply. Loans are available only on primary and secondary single-family residences or owner-occupied condominiums located in MD, D.C., DE, NJ, PA, NC, SC, FL, and VA. Subject to credit approval.
1Loan payment example: A fixed-rate [80% Loan-to-Value (LTV)] loan of $180,000 for 30 years at a 3.000% rate and 3.103% APR will have a principal and interest monthly payment of $758.89. Payments do not include taxes and insurance premiums and actual payment obligation may be greater.