Mortgage Payment Calculator 4.50% (You can change the Rate) Monthly Payment. 4.5% for $100,000 – 30 Years Fixed Mortgage – $507 4.5% for $200,000 – 30 Years Fixed Mortgage – $1,013
5-year fixed mortgage rate defined. The ‘5’ in a 5-year mortgage rate represents the term of the mortgage, not to be confused with the amortization period.The term is the length of time you lock in the current mortgage rate, while the amortization period is the amount of time it will take you to pay off your mortgage.
. inched up slightly this week, closing the month with the 30-year fixed-rate mortgage rate. 0.88 1-yr. 0.5 Fees/Points. 5/1-Yr ARM. 3.46%. 0.01 1-Wk. 0.47 1-Yr.