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.

Compare Rates

National Rates

Loan Type Today
30 Year Fixed   5.80
15 Year Fixed   5.55
5/1 Adjustable   6.05

Get Your Rates »

Rates may contain points

Browse Mortgage Rates