10-Year Mortgage Refinance with No Closing Costs

Whether for a mortgage refinance or home purchase...

Pay off your mortgage sooner and save thousands of dollars of interest over the years with the lower rate of a 10-year mortgage—5.875%Rate (5.982%APR).

Build more home equity in a shorter amount of time.

To help you save even more, there are no Star One loan-related closing costs on our 10-year fixed-rate mortgages.

This special mortgage is available for primary residences and second homes (vacation homes) only.

How much interest can you save with a 10-year mortgage?

Interest on a 30-year fixed-rate mortgage can be close to four times more than a 10-year fixed-rate mortgage for the same amount.

For example, interest payable on a 10-year fixed-rate mortgage for $500,000 at 5.875% (5.982% APR) would be approximately $162,363. In comparison, interest payable on a 30-year fixed-rate mortgage for $500,000 at 6.500% (6.612% APR) would be approximately $637,722.

Compare 10-year mortgage payments

Enter a mortgage amount — up to $5 million

10-Year Fixed-Rate Mortgage [1] Fixed-rate mortgage payment examples assuming a $300,000 loan:

- 10-year mortgage at 5.875% (5.982% APR for conforming loans, or 5.982% APR for jumbo loans): 120 monthly payments at $3,311.81;
- 15-year mortgage at 6.000% (6.175% APR for conforming loans, or 6.091% APR for jumbo loans): 180 monthly payments at $2,531.57;
- 20-year mortgage at 6.250% (6.393% APR for conforming loans, or 6.325% APR for jumbo loans): 240 monthly payments at $2,192.78;
- 30-year mortgage at 6.500% (6.612% APR for conforming loans, or 6.560% APR for jumbo loans): 360 monthly payments at $1,896.20.

Loan payments do not include taxes and insurance.

Rate

5.875%

APR Conforming[3] [4] [5]

5.982%

APR Jumbo [6] [3] [4]

5.982%

Get Started

15-Year Fixed-Rate Mortgage [1] Fixed-rate mortgage payment examples assuming a $300,000 loan:

- 10-year mortgage at 5.875% (5.982% APR for conforming loans, or 5.982% APR for jumbo loans): 120 monthly payments at $3,311.81;
- 15-year mortgage at 6.000% (6.175% APR for conforming loans, or 6.091% APR for jumbo loans): 180 monthly payments at $2,531.57;
- 20-year mortgage at 6.250% (6.393% APR for conforming loans, or 6.325% APR for jumbo loans): 240 monthly payments at $2,192.78;
- 30-year mortgage at 6.500% (6.612% APR for conforming loans, or 6.560% APR for jumbo loans): 360 monthly payments at $1,896.20.

Loan payments do not include taxes and insurance.

Rate

6.000%

APR Conforming[3] [4] [5]

6.175%

APR Jumbo [3] [4] [6]

6.091%

Get Started

20-Year Fixed-Rate Mortgage [1] Fixed-rate mortgage payment examples assuming a $300,000 loan:

- 10-year mortgage at 5.875% (5.982% APR for conforming loans, or 5.982% APR for jumbo loans): 120 monthly payments at $3,311.81;
- 15-year mortgage at 6.000% (6.175% APR for conforming loans, or 6.091% APR for jumbo loans): 180 monthly payments at $2,531.57;
- 20-year mortgage at 6.250% (6.393% APR for conforming loans, or 6.325% APR for jumbo loans): 240 monthly payments at $2,192.78;
- 30-year mortgage at 6.500% (6.612% APR for conforming loans, or 6.560% APR for jumbo loans): 360 monthly payments at $1,896.20.

Loan payments do not include taxes and insurance.

Rate

6.250%

APR Conforming[3] [4] [5]

6.393%

APR Jumbo [3] [4] [6]

6.325%

Get Started

30-Year Fixed-Rate Mortgage [1] Fixed-rate mortgage payment examples assuming a $300,000 loan:

- 10-year mortgage at 5.875% (5.982% APR for conforming loans, or 5.982% APR for jumbo loans): 120 monthly payments at $3,311.81;
- 15-year mortgage at 6.000% (6.175% APR for conforming loans, or 6.091% APR for jumbo loans): 180 monthly payments at $2,531.57;
- 20-year mortgage at 6.250% (6.393% APR for conforming loans, or 6.325% APR for jumbo loans): 240 monthly payments at $2,192.78;
- 30-year mortgage at 6.500% (6.612% APR for conforming loans, or 6.560% APR for jumbo loans): 360 monthly payments at $1,896.20.

Loan payments do not include taxes and insurance.

Rate

6.500%

APR Conforming[3] [4] [5]

6.612%

APR Jumbo [3] [4] [6]

6.560%

Get Started

Fixed-rate mortgages

Fixed-payment financing for your primary residence or vacation property.

Save on interest with a 10-year mortgage or choose the classic 30-year mortgage.

Fixed-Rate Mortgage

Adjustable-rate mortgages (ARM)

Choose from our popular 3/1-year ARM, 5/1-year ARM, 7/1-year ARM, 10/1-year ARM or 5/5-year ARM mortgage for your primary residence, vacation property or investment property. (5/5-year ARM is not available for investment properties.)

Adjustable-Rate Mortgage