Not sure which kind of loan is right for you?
With Rocket Mortgage℠ by Quicken Loans, our fast, powerful and completely online way to get a mortgage, you can lock your rate in minutes.
Not comfortable starting online? Answer a few questions, and we’ll have a Home Loan Expert call you.
Don’t miss out – lock in your low rate! Call (800) 251-9080 or fill out this form now.
A 30-year fixed-rate mortgage as low as 4.125% (4.415% APR) is crazy low
- Do you plan to stay in your home for many years?
- Do you prefer a consistent mortgage payment for budget planning?
- Does your peace of mind depend on a payment that never changes?
If you answered yes to any of these questions, a fixed-rate mortgage might be right for you! Since your rate won’t change for the life of your loan, your payment will never increase.
Why you should choose Quicken Loans
- We’re the nation’s largest online lender according to National Mortgage News.
- We give you immediate access to experts who can answer all your questions.
- We have an A+ rating according to the Better Business Bureau.
- Our powerful online tools, like MyQL Mobile, allow us to close your loan quickly. This app is exclusive to Quicken Loans clients and works with iPhone® and AndroidTM!
Other loans you might be interested in:
How It Works
Fixed-rate mortgage features
- 30-, 25-, 20-, 15- and 10-year terms are all available with fixed rates
- Refinance up to 95% of your primary home’s value
- Buy a home with as little as 5% down (primary home)
- Loan amounts from $25,000 to $2,000,000
How a fixed-rate mortgage works
- Monthly payments based on interest rate, principal loan amount, and amortized interest over 30 years
- Your payment will not change throughout the life of the loan
- Your actual payment will vary based on your situation and the current interest rates when you apply
- Pay your mortgage at any time without pre-payment penalties
- Mortgage rates could change daily.
- Actual payments will vary based on your individual situation and current rates.
- Some products may not be available in all states.
- Some jumbo products may not be available to first time home buyers.
- Lending services may not be available in all areas.
- Some restrictions may apply.
- Based on the purchase/refinance of a primary residence with no cash out at closing.
- We assumed (unless otherwise noted) that: closing costs are paid out of pocket; this is your primary residence and is a single family home; debt-to-income ratio is less than 30%; and credit score is over 740; and an escrow account for the payment of taxes and insurance.
- The lock period for your rate is 40 days.
- The loan to value (LTV) ratio is 75%. If LTV > 80%, PMI will be added to your monthly mortgage payment, with the exception of Military/VA loans. Military/VA loans do not require PMI.
- Please remember that we don’t have all your information. Therefore, the rate and payment results you see from this calculator may not reflect your actual situation. Quicken Loans offers a wide variety of loan options. You may still qualify for a loan even if your situation doesn’t match our assumptions. To get more accurate and personalized results, please call (800) 251-9080 to talk to one of our mortgage experts.