Best 10-Year Mortgage Rates | October 2021

Mortgages with 10-year terms are relatively rare. Most homeowners opt for 30-year mortgages because they have lower monthly payments. However, you can save a lot of money in mortgage interest if you choose a shorter term. Mortgages with longer terms typically have higher interest rates and require you to pay interest for longer periods. Consider going with a 10-year mortgage if you can afford the higher monthly payments.

Ten-year mortgage rates can save you big money on interest expenses and help you own your home debt-free sooner than you thought possible. The benefits of choosing a 10-year mortgage include lower rates (up to a full percentage point lower in some cases) and paying your mortgage in a third of the time.

Here is SuperMoney's list of the best mortgages lenders with 10-year mortgage terms. We recommend you check rates with multiple mortgage companies to see which one offers the best terms.

SuperMoney Logo
SuperMoney is the most comprehensive financial services comparison site around. We have published hundreds of personal finance articles and provide detailed reviews on thousands of financial products and services. Our unbiased advice and free comparison tools help consumers make smart financial decisions based on hard data, not marketing gimmicks.