Goldman Sachs is a reputable company that offers financial services to financial institutions, corporations, and individuals. It was established in 1869, and the main office is in New York. The business contains offices throughout the world. The firm was hurt by the economic situation in 2008 and had to rely on the government during the economic crisis. Since their recovery, millions of people rely on the Goldman Sachs Group mortgage rates, among the lowest mortgages possible.

Through them, you can get a fixed-rate loan to purchase retail property, office space, hotels, or industrial apartments.

Goldman Sachs Group Current Mortgage Rates

Goldman Sachs Group mortgage rates can offer you a mortgage that you can afford. The company will work with you to find the best mortgage for your needs.

Type of Mortgage Rate Interest Rate APR (Annual Percentage Rate) Estimated Monthly Payment
30-year fixed rate 4.000% 4.006% $1146
15-year fixed rate 3.250% 3.261% $1686
10-year fixed rate 3.125% 3.141% $2331
7/1 ARM 3.250% 3.629% $1045
5/1 ARM 3.125% 3.666% $1028

*** Mortgage rates can change at any time, so check the website to get the latest information on rates.

Goldman Sachs Group Rates Additional Information

If you plan to stay in your home short-term, adjustable mortgage rates are a good choice for your loan. With these loans, your rate will be the same for an initial period, then the rates could increase or decrease depending on the market rates trend. Your payments could increase, so you need to make sure you can make the payments before you choose an adjustable rate.

If you have to get rid of your home and you want to avoid foreclosure, you might have the option of a mortgage assumption. There are only certain types of loans that will accept an assumption, and some lenders will not allow them. With a mortgage assumption, a new buyer will just take over your payments with the same home mortgage rate.

The most popular type of mortgage is the 30-year mortgage. 30-year mortgage rates might be slightly higher; however, your monthly payments will be lower. You also have the option of a 15-year mortgage or a 20-year mortgage. 15-year mortgage rates are lower than the 20-year mortgage rates, but the monthly payment amount will be higher.

If you need a larger amount, jumbo mortgages are available. These loans are higher than $417,000 and cannot exceed $625,000. The jumbo mortgage rates are competitive, but these loans normally require a higher down payment. In order to qualify for a jumbo loan, you need to have an excellent credit score.

To determine how much you will pay for your mortgage, a mortgage rate calculator will be useful. Zillow’s mortgage calculator can help you estimate how much you would have to pay for a certain type of mortgage.

Conclusion

Goldman Sachs Group mortgage rates will provide you will excellent terms on a mortgage loan. The company offers a wide-range of loans, so they will help you find the one that is right for your needs. For questions about a mortgage loan, call the company at 212-902-1000.