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- – With the 30 year fixed rate mortgage, the interest rate remains the same from day one, meaning borrowers can depend on the same bill amount from month to month and year to year. For the 30-year term, borrowers pay down the principal, or actual loan amount, along with unchanging interest amount on the mortgage.
Mortgage Rates | NASA Federal Credit Union – Payment Example: A $250,000 30-year fixed rate with zero points and an interest rate of 4.25% (4.375% APR) would have a monthly principal and interest payment equal to $1,229.85.