40-year mortgage
40-year mortgage
A 40-year mortgage is a mortgage loan that's structured with a repayment period of 40 years. The conventional mortgage repayment term is 30 years; relative to the 30-year mortgage, the 40-year mortgage will have a lower monthly payment amount.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed |
4.38 |
| 5/1 ARM | 3.68 |
Rates may contain points
