20-Year Fixed Mortgage | Community Trust Mortgage
Lock in Stability and Save on Interest
A 20-year fixed mortgage offers a stable path to homeownership while helping you save on interest. At Community Trust Mortgage, we guide you through the process, making sure you understand your options before making a decision.
What Is a 20-Year Fixed Mortgage?
A 20-year fixed mortgage is a home loan with a locked-in interest rate and steady monthly payments for the entire 20-year term. Unlike adjustable-rate mortgages, this loan keeps your rate the same, so you won’t face sudden increases.
Since the repayment period is shorter than a 30-year loan, you typically pay less interest over time. This mortgage works well for buyers who want to save money while building home equity faster.
Why Choose a 20-Year Fixed Mortgage with Community Trust Mortgage?
Choosing Community Trust Mortgage means more than just getting great loan terms—you also receive expert guidance. Our team reviews your needs carefully, helping you select the best option. Here’s why a 20-year fixed mortgage might work for you:
- Lower interest rates – Because you pay off the loan faster, lenders usually offer better rates than longer-term loans.
- Builds equity quicker – More of your monthly payment goes toward ownership, increasing your home equity in less time.
- Reduces total interest costs – Shorter loan terms mean paying much less interest compared to a 30-year mortgage.
We also help you evaluate the pros and cons, ensuring you feel confident in your choice.
Who Should Consider a 20-Year Fixed Loan?
This loan could be a smart choice if you:
- Plan to stay in your home for at least 10 years
- Want to save on long-term interest costs
- Can afford slightly higher monthly payments
Not sure if it fits your budget? No problem! Our team will review your finances, future goals, and lifestyle to help you decide.
What to Expect When You Work with Us
At Community Trust Mortgage, we believe in clear communication. First, we offer a free consultation to assess your financial needs. Then, we walk you through loan options, showing you how each one impacts your budget and savings.
We’re here to answer questions at every step. Whether you’re buying your first home or refinancing, we ensure you make informed choices with confidence.
Take the First Step Toward Homeownership
Interested in a 20-year fixed mortgage? Contact Community Trust Mortgage today! We’ll help you secure the right loan while protecting your financial future. Don’t wait—let’s make your homeownership goals a reality today.