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Mortgage Basics
Why your loan type matters more than you think
Not all mortgages work the same way, and picking the wrong one for your situation can cost you thousands over time. The main choice—fixed-rate versus adjustable—affects how your payment behaves, how much interest you pay, and how comfortable you'll feel years down the road. A fixed rate locks in your payment for the life of the loan, which means predictability. An adjustable rate typically starts lower but can change, which works well if you plan to move or refinance before rates adjust. Beyond that, loan length, down payment size, and the programs available to you all shift the math. The right choice depends on your timeline, risk tolerance, and financial goals—not just what seems cheapest today. I'd love to walk through your specific situation and talk through which structure makes the most sense for you. Let's find the loan type that fits your life plan.
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