15 Year Mortgage Program

Pay the Bank Less for your Mortgage and Retire Early

Term & Areas Offered:
15 Year Mortgage Sarasota Florida, Kentucky, Indiana, and South Carolina.

The Lowdown on 15-Year Fixed Rate Mortgage...

15 Year Mortgage versus 30 Year Mortgage 

This loan is fully amortized over a 15-year period and features constant monthly payments. It offers all the advantages of the 30-year loan, plus a lower interest rate and you’ll own your home twice as fast. The disadvantage is that, with a 15-year loan, you commit to a higher monthly payment. Many borrowers opt for a 30-year fixed-rate loan and voluntarily make larger payments that will pay off their loan in 15 years. This approach is often safer than committing to a higher monthly payment, since the difference in interest rates isn’t that great.

We’re here to make the home loan process is a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE 15-Year Fixed Rate Mortgage Qualifier.

We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.

Pathway Mortgage 15-Year Mortgage Loan Process

  • Complete our simple 15-Year Fixed Rate Mortgage Qualifier
  • Receive options based on your unique criteria and scenario
  • Compare mortgage interest rates and terms
  • Choose the offer that best fits your needs

Do I Qualify?

As a rule of thumb, it may be harder to qualify for fixed-rate loans than for adjustable rate loans. When interest rates are low, fixed-rate loans are generally not that much more expensive than adjuadjustable-rate mortgages and may be a better deal in the long run, because you can lock in the rate for the life of your loan. Headquartered in beautiful Sarasota Florida, Pathway Mortgage offers 100’s of 15 year mortgage options in Florida, Kentucky, South Carolina, and Indiana.

  • Fixed Rates
  • Adjustable Rate Mortgage (ARM)
  • Conforming Loans
  • Jumbo & Super Jumbo Loans
  • FHA, VA, & USDA Loans
  • Terms from 5 to 30 Years

Free 15-Year Mortgage Rate Calculator | Calculate your Monthly Payment

One of the most important aspects of doing a home loan is finding out how much a monthly mortgage payment is going to be. Knowing and understanding 15-year mortgage rate payment is one of the key ingredients to feeling confident about a home loan. Use the Florida mortgage calculator to figure out payment affordability and comfortability on Florida home mortgage.

The 3 main aspects that make up a monthly mortgage payment is:

  • Principal and Interest, which is determined by the interest rate
  • Homeowners Insurance, also known as hazard insurance
  • Property Taxes, can be different depending on the are the home is in

Other things that can be a part of your monthly mortgage payment include: flood insurance and mortgage insurance. Flood insurance would only occur if the property the mortgage loan is on is in a flood zone. And mortgage insurance would be calculated into the monthly mortgage payment if the home that the loan was on had less then 20% equity.