| Fannie Mae Mortgage's |
30-Year Fixed-Rate Mortgage
Key Features:
This mortgage can require a low down payment,
sometimes only 3 or 5 percent.
Payments are stable -- your monthly mortgage
payment will not increase.
The 30-year fixed-rate mortgage provides maximum
interest deduction for tax savings.
Key Features:
This mortgage can require a low down payment,
sometimes only 3 or 5 percent.
Payments are stable -- your monthly mortgage
payment will not increase.
The 30-year fixed-rate mortgage provides maximum
interest deduction for tax savings.
Fannie Mae Mortgage
Solutions
Solutions
The most popular type of mortgage, the 30-year fixed-rate loan is most
appealing to borrowers who want to stay in their homes for a long period of
time and who want to enjoy consistent interest payments during this period.
Other benefits include keeping housing expenses to a minimum while
maximizing mortgage interest deductions for income tax purposes.
appealing to borrowers who want to stay in their homes for a long period of
time and who want to enjoy consistent interest payments during this period.
Other benefits include keeping housing expenses to a minimum while
maximizing mortgage interest deductions for income tax purposes.
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