How Travis Credit Union’s Mortgage Rates Can Save You Money

When it comes to mortgages, Travis Credit Union offers some of the best rates in the business. In fact, our rates are so competitive that we often save our members thousands of dollars over the life of their loan. Find most popular financial education, credit union, debt guide and many more with C1styourvoiceblog. You will get on with making a better life for yourself.

Here’s how it works:

Travis Credit Union offers a variety of mortgage products, including fixed-rate and adjustable-rate loans. Our fixed-rate loans offer terms of 15, 20, or 30 years, so you can choose the repayment timeline that best suits your needs. And our adjustable-rate loans offer initial fixed-rate periods of 5, 7, or 10 years, after which the rate will adjust based on market conditions.

But no matter which type of loan you choose, you can rest assured that you’re getting a great rate. That’s because we offer some of the lowest rates in the industry, which means you’ll save money every month on your mortgage payment. And over the life of your loan, those savings can really add up.

For example, let’s say you purchase a $250,000 home with a 30-year fixed-rate loan at 4.5% interest. Your monthly payment would be about $1,265, and you would pay a total of $445,000 in interest over the life of the loan.

Now let’s say you purchase the same home with a 30-year fixed-rate loan from Travis Credit Union at 3.875% interest. Your monthly payment would be about $1,195, and you would pay a total of $399,000 in interest over the life of the loan. That’s a savings of $46,000 in interest charges!

And because we offer some of the lowest rates in the industry, you can be confident that you’re getting a great value when you finance your home with Travis Credit Union.

If you’re in the market for a new home, or if you’re looking to refinance your existing home loan, we invite you to check out our current mortgage rates. You may be surprised at how much money you can save.