One of the simplest and most popular mortgages, the 30-year fixed-rate mortgage has borrowers pay down the principal, or actual amount of money borrowed, over a thirty-year period. Interest is also paid over the length of the loan at an unchanging rate. This means payments stay the same month to month and year to year. As borrowers pay more principal over time, equity (or ownership) increases in the home. With a 30-year fixed-rate mortgage, borrowers obtain the security of a stable monthly payment throughout the life of the mortgage, and a lower monthly payment than many other mortgage options.
Largest Cities in South Carolina
Aiken
Anderson
Beaufort
Berea
Cayce
Charleston
Clemson
Clinton
Columbia
Conway
Dentsville
Easley
Florence
Forest Acres
Gaffney
Gantt
Garden City
Goose Creek
Greenville
Greenwood
Greer
Hanahan
Hilton Head Island
Irmo
Ladson
Laurens
Lexington
Little River
Mauldin
Mount Pleasant
Myrtle Beach
Newberry
North Augusta
North Charleston
North Myrtle Beach
Orangeburg
Parker
Red Bank
Red Hill
Rock Hill
Saint Andrews
Seven Oaks
Simpsonville
Socastee
Spartanburg
Summerville
Sumter
Taylors
Wade Hampton
West Columbia
Disclaimer
Fixed Rate Mortgage/Adjustable Rate Mortgage Conforming
APR's are based on a $200,000 loan for a purchase transaction
of an owner occupied, single-family residence with an 80% loan-to-value ratio (97% LTV for FHA’s).
Rates must be valid for an applicant with a 740 FICO score. Rates are subject to change without notice.
Quotes are for "no cash-out" loans. All quotes are for conforming products or loans that can be sold on the secondary market with no prepayment penalties nor negative amortization.
Fixed Rate Mortgage/Adjustable Rate Mortgage Jumbo
Rates and fees are based on a $450,000 loan for a purchase transaction
of an owner occupied, single-family residence with an 70% loan-to-value ratio.
Rates must be valid for an applicant with a 740 FICO score. Rates are subject to change without notice.
Quotes are for "no cash-out" loans. All quotes are for conforming products or loans that can be sold on the secondary market with no prepayment penalties nor negative amortization.