Our 15-year loan offers predictable monthly payments over the life of the loan, providing financial stability and peace of mind. With a lower interest rate and the potential to build equity in half the time compared to a 30-year loan, you can rapidly secure your home's value. While the trade-off is a higher monthly payment, many borrowers find the long-term benefits outweigh the short-term commitment. Alternatively, some borrowers choose a 30-year fixed-rate loan and voluntarily make larger payments to pay off their loan in 15 years, enjoying similar advantages without the obligation of higher payments. With River Mortgage, we'll help you select the best option to suit your financial goals.