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Fixed Rate Mortgage

HOME LOANS

A popular mortgage with predictable payments

With an interest rate that remains constant for the life of the loan, a fixed rate mortgage makes it easier to plan for longer-term stability with a set monthly payment.

What are the benefits of Fixed Rate Mortgages?

Interest rate remains the same even if rates rise
Makes budgeting easier with a stable monthly payment¹
Choose from a variety of terms, from 10 to 30 years
Can include your property taxes and homeowner's insurance premiums with monthly mortgage payment (through use of an escrow account).

Is a Fixed Rate Mortgage right for you?

Ideal if you think interest rates may rise
You intend to live in your home for a while
You need to keep monthly expenses constant

Ask us about a Fixed Rate Mortgage.

If you have questions, please submit our information request form or contact your nearest Old National mortgage expert.

Financial Insights

Figure a mortgage payment

What will your monthly mortgage payment be?

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Understanding mortgage basics

What basic Information should you know before applying for a mortgage?

Notices & Disclosures

Subject to credit approval. Property insurance required. All funds will be verified.

Monthly payments can fluctuate due to increases or decreases in property taxes or insurance premiums that are escrowed with the monthly payment.