Fixed Rate Loans
Comfort can be found in predictability. If you prefer to know exactly how much your monthly payment will be and how much you’ll ultimately pay in interest over time, this mortgage option may be calling your name. With a fixed-rate mortgage, your monthly principal and interest payment will stay the same until every cent is paid off. There’s no need to worry about fluctuating interest rates.
- Fixed interest rate
- Monthly principal and interest payments remain the same for the life of your loan
- Choose from a variety of loan terms
- No surprises even if inflation surges out of control
- Stability - You can manage your money with more certainty because your mortgage payment, excluding any escrow, will not change.
What people are saying
Thanks to Lakeland Bank, I now have a better understanding of how to manage my finances on my own. Even while I am away at basic training, they are able to answer questions and provide guidance as I begin establishing a solid financial foundation.
Lakeland Mortgage is a Division of Lakeland Bank.