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15 Year Mortgage

Long-term Happiness with a Short-term Mortgage

Home ownership is affordable with our 15-year mortgage solution, helping you save thousands of dollars in interest.

  Apply Now

Pair a low rate with a shorter mortgage term like 15 years, and you’ll save thousands of dollars – plus eliminate your debt faster than you think.

For example, let’s say you finance a home for $250,000. By choosing a 15-year mortgage instead of a 30-year mortgage, you could save $71,906!*
Term30-Year15-Year
APR2.625%2.000%
Payment$1,004.13$1,608.77
Interest$111,485$39,579

A 15-year mortgage could save you
$71,906
in interest and 15 years of payments.

APR = Annual Percentage Rate
*Example above is for illustrative purposes. Your actual savings will vary.
Save up to $10,592 with a

FAIRWINDS Credit Union mortgage

FAIRWINDS rates as low as
2.199%
APR† 15 Yr Fixed

VS

National Average*
2.70%
APR† 15 Yr Fixed

$10,592 is the difference between the amount paid in interest between FAIRWINDS Credit Union's rate at 2.199% APR compared to 2.700% APR for the National market average over the life of a $250,000 mortgage over 180 months.

*Based upon independent research conducted by Datatrac for 131601 financial institution locations in the National market as of November 30, 2020.
†APR = Annual Percentage Rate

What our members are saying...

     

Amazing team!!!

From start to finish, my home purchase was easy and on time. All of my questions were answered quickly and professionally.
      - Sctwarner

A very nice experience

Been Fairwinds members since they opened. Have done several different loans with you and always had a great experience. This is my first mortgage with you and I'm sorry I waited so long. Great people and experience. I'll never go anywhere else! Thank you
      - Pauken

Excellent service

We had a very smooth and easy time during a process which can be very complicated. Kim and Kevin were absolutely wonderful and helped us immensely from the application until the closing.