Fixed-rate mortgages in Montana
If you prefer knowing the terms of your mortgage won’t change, take a look at the fixed-rate mortgages (FRMs) offered in Montana. Throughout the mortgage term, whether it’s 10, 15, 30 40, or more years, the interest rate and monthly payments never change. A 30-year mortgage is the most common loan term. But if you can handle higher monthly payments, consider a shorter term, like 10 or 15 years, which may come with a better interest rate. If you need lower payments, consider a FRM that matures in 40 or 50 years. Just understand that those lower payments most likely will come with a higher interest rate.
