First National Fixed Rate Mortgages reduce the risk of future interest rate fluctuations by “locking in” a specific interest rate for the term. This can create peace of mind for homeowners, which makes it a fundamentally appealing program for home buyers. If you are arranging a new mortgage for a future or current home, your fixed interest rate can be guaranteed up to 120 days before the closing date of your home. If interest rates go up during that time, you will be guaranteed the lower rate.
Term | Rate | Monthly Payment |
---|---|---|
GET A FREE CONSULTATION | ||
1.69% | $1,636 | |
1.69% | $1,636 | |
1.69% | $1,636 | |
1.69% | $1,636 | |
1.79% | $1,655 | |
2.74% | $1,843 | |
2.95% | $1,886 |
The rates shown are for insured mortgages with a downpayment of less than 20%. You may get a different rate if you have a low credit score or a conventional mortgage.
First National Posted Rates are the official rates used when calculating your mortgage break penalty, the fee you pay if you want to break or refinance your mortgage early. Your mortgage payment, interest, and stress test will be based on a different rate which is usually lower than the posted rate.
Term Length | FN Posted Rate |
---|---|
1-Year Fixed | |
2-Year Fixed | |
3-Year Fixed | |
4-Year Fixed | |
5-Year Fixed | |
7-Year Fixed | |
10-Year Fixed |
Bank or Lender | Variable Rate Mortgage | Fixed Rate Mortgage |
---|---|---|
3 Months’ Interest | Greater of 3 Months’ Interest or the IRD amount |
Are you looking to pay off your mortgage early? Or refinance the terms of your mortgage at a lower interest rate? Maybe you sold your home and purchasing a new home, in which a mortgage transfer will apply. Whatever the case, you most likely will have to pay a mortgage break penalty set by your lender. Whatever the situation, our calculator will help you determine the cost to break your mortgage so you can be confident about your mortgage decisions.
While we try our best to get you the best rates, we cannot guarantee that they are always accurate. WOWA assumes no liability for the accuracy of the information presented, and will not be held responsible for any damages resulting from its use.