Fixed-Rate Mortgages

Say hello to regular payments and goodbye to rate fluctuations. A fixed-rate mortgage provides the comfort of consistency as you pursue your dream home.

Benefits & Features

Already applied for a fixed-rate mortgage?

Residential Mortgages

A fixed-rate mortgage isn’t the only way to achieve your dream home:

Frequently Asked Questions

A fixed-rate mortgage is a type of residential loan that keeps your interest rate the same during the entire repayment period.

A fixed-rate mortgage is a type of residential loan that keeps your interest rate the same during the entire repayment period.

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.

That depends! If you’re all about stability and predictability, a fixed-rate mortgage can be your best pal. Chat with your Needham Bank experts so we can help you figure out what type of mortgage is best for you.

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From Customers Like You

“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.”

Resources

Before shopping for a home understand how much you can afford to spend on a mortgage. Learn how to calculate your monthly payments with Needham Bank....
Boosting your credit score can increase your chances of qualifying for a home loan. Learn how to increase your score and pay done debt from Needham Bank....
If you're planning to buy a home in MA, spend time understanding your home loan options. Let Needham Bank help you decide which mortgage is right for you....

Fixed-Rate Mortgage Calculator

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.

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