Loan term
Loan term
The period of time in which the borrower has to repay the loan as specified in the original loan contract. Auto loans are typically 4 years, whereas mortgages have a loan term of 15 or 30 years.
MortgageLoan.com
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Compare Rates
National Rates
| Loan Type | Today |
|---|---|
| 30 Year Fixed |
6.11
|
| 15 Year Fixed |
5.75
|
| 5/1 Adjustable |
5.83
|
Rates may contain points
