Say hello to regular payments and goodbye to rate fluctuations. A fixed-rate mortgage provides the comfort of consistency as you pursue your dream home.
A fixed-rate mortgage isn’t the only way to achieve your dream home:
Work with our experts to choose a repayment period that’s right for you:
A fixed-rate mortgage is a type of residential loan that keeps your interest rate the same during the entire repayment period.
A fixed-rate mortgage is a type of residential loan that keeps your interest rate the same during the entire repayment period.
Your interest rate doesn’t change with a fixed-rate mortgage. In contrast, interest rates change with the market for variable-rate mortgages.
Yes, you can refinance a fixed-rate mortgage! Refinancing can be a great way to snag lower rates or adjust the repayment term to make your monthly payments even more manageable.
No, the only way a fixed-rate mortgage would change is if you decide to refinance. Otherwise, you can enjoy the peace-of-mind that comes with a steady interest rate that won’t change with the market.
Check out our rates page for the most recent information.
That depends! If you’re all about stability and predictability, a fixed-rate mortgage can be your best pal. Chat with your Needham Bank experts so we can help you figure out what type of mortgage is best for you.
“Needham Bank is a great organization with great people. They are exactly what everyone wants and needs when they’re looking to buy a house or make a big purchase.”
Wondering what your monthly payment might look like with a fixed-rate mortgage? Use our handy calculators to estimate your hypothetical Annual Percentage Rate (APR) based on your unique situation.
We’re not just your bank. We’re your neighbors, and we’re committed to serving you with the same steadfast community values we were founded on. Let’s conquer your finances together.
We’ve been made aware of fraudsters impersonating Needham Bank asking customers to verify fake transactions. The fraudsters will ask if you’ve made purchases at major retailers, withdrawn money from an ATM, or if you are traveling. Needham Bank will NEVER ask for your banking credentials or full debit card number via a phone call, email, or text message.
If you’ve received an inquiry of this nature and provided information, please contact our Customer Care Center at 781-444-2100.
