|20 Year Fixed Bi-Weekly with Auto-Pay||3.800%||3.819%|
|15 Year Fixed Auto-Pay||3.020%||3.053%|
|10 Year Fixed Auto-Pay||2.770%||2.819%|
|1-Year ARM with 15-Year Term||1.375%||1.515%|
|1-Year ARM with 10-Year Term||1.375%||1.523%|
|3-1 ARM with 15-Year Term||2.625%||1.952%|
|3-1 ARM with 10-Year Term||2.375%||2.002%|
|5 Year Fixed HE Loan||2.970%||2.970%|
|15 Year Fixed HE Loan||4.610%||4.610%|
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Would you be interested in paying off your mortgage early? Our bi-weekly mortgage can help you do exactly that, and you'll enjoy some considerable savings along the way.
With our bi-weekly mortgage, you make one-half of your monthly mortgage payment every two weeks for a total of 26 bi-weekly payments each year.
The benefits include:
- Reducing your principal balance more quickly, reducing the total interest paid and the length of time to pay off the loan
- Automatic bi-weekly payments deducted from your Merchants Bank checking account
- A variety of rate and term options available
View all loan and deposit rates
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