15-Year Fixed Mortgages in Texas

A 15-year fixed mortgage pays the home off in half the time of a traditional 30-year loan, with a rate that never changes. Borrowers typically receive a lower interest rate than the 30-year equivalent and pay dramatically less total interest.

Benefits of a 15-year fixed loan

• Lower interest rate than comparable 30-year loans
• Own your home outright in half the time
• Build equity much faster
• Large lifetime interest savings

What to consider

• Monthly payments are higher than a 30-year term
• Less monthly flexibility — make sure the payment fits your budget

Ready to explore 15-year fixed mortgages? Michael Stock can walk you through eligibility, compare options, and get you pre-approved in Texas.

Michael Stock, Mortgage Loan Originator at NEXA Lending. NMLS #2861075. Call (254) 677-8517.