The Benefits of 30 Year Fixed Mortgage Rates in Ponte Vedra Beach

by | Sep 23, 2022 | Investment Services

Choosing the right home mortgage can save money and give homeowners peace of mind. Here are some benefits of 30 year fixed mortgage rates in Ponte Vedra Beach.

Lower Monthly Payments

People who want to pay less each month on their mortgages find that 30-year rates are often the cheapest monthly option compared to 15-year mortgages. Shorter-term loans cost less in the long run because there’s not as much interest tacked to the loan, but if you want a house with a smaller payment and don’t mind paying more in interest, a 30-year fixed-rate mortgage is a good option to consider.

Lower monthly payments also give homeowners more wiggle room. If an unexpected expense arises, they have more money to play with because they’re not paying a high mortgage rate.

People can also buy more houses with their money. Many people don’t want to move frequently to meet their growing family’s needs. Buying a bigger home from day one gives families room to grow without paying an exorbitant monthly house payment.


Principal and interest payments that fluctuate can make it difficult to budget housing expenses. A fixed-rate mortgage means the principal and interest will stay the same for 30 years. Mortgage products like adjustable-rate mortgages don’t offer the same stability. Homeowners with tight budgets and narrow income/expense margins prefer fixed-rate mortgages.

Contact a Lender Today!

For more information about 30-year fixed mortgage rates in Ponte Vedra Beach, connect with a knowledgeable mortgage expert today. Check out The Mortgage Lady Team-Fairway Independent Mortgage Corporation at

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