A fixed-rate mortgage isn’t the only way to achieve your dream home:
Work with our experts to choose a repayment period that’s right for you:
Your interest rate doesn’t change with a fixed-rate mortgage. In contrast, interest rates change with the market for variable-rate mortgages.
Yes, you can refinance a fixed-rate mortgage! Refinancing can be a great way to snag lower rates or adjust the repayment term to make your monthly payments even more manageable.
No, the only way a fixed-rate mortgage would change is if you decide to refinance. Otherwise, you can enjoy the peace-of-mind that comes with a steady interest rate that won’t change with the market.
“Needham Bank is a great organization with great people. They are exactly what everyone wants and needs when they’re looking to buy a house or make a big purchase.”
Wondering what your monthly payment might look like with a fixed-rate mortgage? Use our handy calculators to estimate your hypothetical Annual Percentage Rate (APR) based on your unique situation.
We’re not just your bank. We’re your neighbors, and we’re committed to serving you with the same steadfast community values we were founded on. Let’s conquer your finances together.