10 Year Mortgage Rates
The growing popularity of 10 year mortgages
10 year mortgages are becoming increasingly popular with more and more lenders offering them to borrowers.
This is largely due to more lenders offering 10 year mortgages with fixed rates for the entire loan period. Given the current low interest rates, this is an appealing option for many.
The best deals on 10 year mortgage rates may depend on having a loan-to-value (LTV) of 60% or less, as some lenders only offer the best deals on 10 year mortgages to those with a lower LTV.
10 year fixed rate mortgages
Choosing a 10 year fixed rate mortgage means you will agree an interest rate when you take out the mortgage, and it will stay at the same level for the entire life of the mortgage.
This gives you certainty over how much you will be paying each month, and means you will know in advance exactly how much you will end up repaying over the life of the mortgage.
The risk with a fixed rate mortgage is that interest rates can go down as well as up, but with interests rates currently at an all-time low, this is a great time to lock into a fixed rate deal.
Try our free 10 year mortgage rates calculator
With so many providers now offering 10 year mortgages, knowing which offers the best deal for you can be a challenge. Our free mortgage calculator lets you choose how much you want to borrow and see which providers offer the best deal on a 10 year mortgage.
To try it out, simply head to the top of the page, select “10 years” in the “Mortgage term” field, and fill in the other details to match your circumstances and borrowing requirements.
We will then show you the best deals from all the leading providers we have selected from across the market.