How does our 10 & Done loan compare?


How does our 10-year fixed loan compare to your mortgage?

What would you do if you could pay off your mortgage early? Whether you want to be ready for retirement, spend more on friends or family, or put a little extra in your savings, Veridian can help.

Moving your mortgage to a 10 & Done fixed home equity loan is easy, with far less paperwork and lower closing costs than a typical refinance. Even better: You get a great rate that could save you tons on interest.

For example, let's say you took out a 30-year mortgage somewhere else for $200,000 with an interest rate of 5%. After making on-time payments for 14 years, you still owe about $142,000. When you find out that Veridian has better rates, you use our mortgage calculator to discover your potential savings:

  Current Mortgage 10 & Done loan
Remaining term 16 years 10 years
APR 5.00% 2.99%
Monthly payment $1,074 $1,371
Interest remaining $64,437 $22,461
Savings $0 $41,976

That's more than half the remaining interest on your mortgage back in your pocket to spend on whatever you like. Your home would also be paid off six years faster, as long as you can afford the higher monthly payment.

Refinance your mortgage to save money, pay off your home faster and achieve financial freedom sooner. Schedule an appointment to discuss your options or begin an application today.


APR = Annual Percentage Rate. Includes Loyalty Program discount of 0.25% APR when enrolled in eDocs and while maintaining direct deposit of net income to Veridian or, if unavailable, a minimum of 10 qualifying checking account transactions per month. Borrowers will lose discount if they fail to meet Loyalty Program qualifications during loan term. Loan must be in first lien position. Any advertised closing costs assume title guaranty and appraisal are not required. Additional costs may apply. Rates, terms and conditions subject to change and may vary based on qualifications including creditworthiness, loan-to-value ratio and collateral conditions. All loans subject to approval. See Veridian for details.

Locate a Branch

Locations in Iowa and Nebraska to serve you.

Image of Veridian Branch