Our Home Loan Comparison Chart will help you to choose which home loan is best for you.

General Guidelines

  1. If you want the security of a long-term fixed rate home loan, and you plan on remaining in the property for at least 10 years or more, consider a 30-year fixed rate loan.
  2. If you plan to sell your property in 10 years or less, or you think it’s likely you will refinance your loan again within 10 years, consider a 3, 5, 7 or 10-year loan rather than a 30-year term. You may save a lot of money. Many of these loans also offer the option to make interest-only payments, saving you even more. Call me for a free written comparison.

  3. If you want the lowest possible mortgage payments you can have, consider an adjustable rate mortgage with an Interest-only option. If you’re worried about an upwards rate adjustment, consider a negative amortization loan — this type of adjustable rate loan has payment caps as opposed to rate caps and offers more flexible payment options than a typical adjustable rate mortgage, but is not for everyone under any circumstance.
  4. If you want to pay your mortgage loan sooner, consider a 10, 15, or 20-year fully amortizing, fixed rate loan. Call me for a free written analysis.

  5. If you’re unsure which home loan would be best for you, call me for a free, no-obligation consultation. I can get to know you better and compare different loan options in writing so you can make the right choice.