Current 10-year mortgage rates
As a lender, Zillow Home Loans is here to help you understand 10-year rates to determine whether a 10-year mortgage is the right loan option for you. Get pre-approved to see if you qualify for a 10-year mortgage and get a personalized rate.
What is a 10-year fixed-rate mortgage?
A 10-year fixed-rate mortgage is a home loan where your interest rate is fixed — which means your monthly principal and interest payments will remain constant for the entire 10-year term. This loan allows for faster repayments and greater interest-rate savings than a typical 30-year mortgage, although your payments will be higher due to the shorter term.
Today’s 10-year mortgage rate
Here are some of the 10-Year Fixed mortgage rate options available from Zillow Home Loans. Our 10-Year Fixed rates are updated daily to reflect the most current offers.
As of October 10, 2025, current 10-Year Fixed mortgage rates are 5.125%.
Interest rates change frequently — explore all of our current rates and mortgage options to find your fit.
Interest rates change frequently — explore all of our current rates and mortgage options to find your fit.
Interest rates change frequently — explore all of our current rates and mortgage options to find your fit.
See more loan optionsInterest rates change frequently — explore all of our current rates and mortgage options to find your fit.
Top reasons a 10-year mortgage may be right for you:
Rapid debt elimination
You’ll achieve full homeownership in just 10 years, gaining financial freedom much faster than with a typical 30-year mortgage.
Greater interest savings
The total interest you’ll pay is substantially less than you would on a conventional 30-year mortgage.
Build equity faster
By paying off the loan sooner than you would on a conventional 30-year mortgage, you’ll build equity faster.
Clear financial horizon
You’ll be done paying off your home in just a decade, letting you save and invest the amount you paid monthly.
Top reasons a 10-year mortgage may be right for you:
Rapid debt elimination
You’ll achieve full homeownership in just 10 years, gaining financial freedom much faster than with a typical 30-year mortgage.
Greater interest savings
The total interest you’ll pay is substantially less than you would on a conventional 30-year mortgage.
Build equity faster
By paying off the loan sooner than you would on a conventional 30-year mortgage, you’ll build equity faster.
Clear financial horizon
You’ll be done paying off your home in just a decade, letting you save and invest the amount you paid monthly.
Learn more about 10-year mortgages
Learn more about 10-year mortgages
How to get the lowest mortgage rate
Mortgage APR vs Interest rate: How to compare
What is a 10-Year fixed mortgage?
Frequently asked questions
- How does a 10-year fixed-rate mortgage compare to a 15-year fixed-rate mortgage?
A 10-year fixed-rate mortgage has relatively the same advantages and disadvantages as a 15-year fixed-rate mortgage. The most obvious difference is that a 10-year mortgage will have a slightly higher monthly payment over the life of the loan, and you will theoretically pay less in interest compared to a 15-year mortgage.
- How does a 10-year fixed-rate mortgage compare to a 30-year fixed-rate mortgage?
With a 10-year fixed mortgage, you can pay off your home and build equity much faster than with the more common 30-year fixed-rate loan. The interest rate on a 10-year mortgage is typically lower than on a 30-year home loan, and because the money is borrowed over 10 years instead of 30, you pay significantly less interest over time. Keep in mind, with the shorter loan length, monthly payments will be much higher compared to a 30-year loan.
- What factors influence the interest rate I'll receive on a 10-year fixed mortgage?
On a 10-year fixed mortgage, the following factors may influence the interest rate you receive:
- Your credit history
- The size of your down payment
- The value of the home you plan to buy
Remember, 10-year mortgage rates are also influenced by broader market trends like inflation and job growth.
Zillow Home Loans’ loan officers are happy to help talk you through these factors and how they influence the 10-year rate you may receive.
- Can I pay off my 10-year mortgage even faster?
Yes. Zillow Home Loans does not charge prepayment penalties, so you can pay off a 10-year mortgage early and save on interest.
- Will my monthly mortgage payment always be the same with a 10-year fixed-rate mortgage?
Your principal and interest will remain the same over the span of your 10-year mortgage term, making it much easier to predict your monthly payments. Your property taxes and insurance may change annually or bi-annully, which may impact your mortgage payment if they are included.
- Why should I consider Zillow Home Loans for my 10-year mortgage?
We offer a range of 10-year mortgage options to fit your situation, and down payments as low as 3%, or even 0% for 10-year VA loans, to help you buy a home sooner. With an A+ BBB rating and thousands of 5-star reviews, we are a trusted mortgage lender and would love to help you explore your options for a 10-year mortgage.
Unlock your personalized rate
The interest rate you’ll receive is unique to your financial situation. Our experts will work to give you our best custom rate and guide you every step of the way home.
