We consider the two-dimensional problem for steady water waves on finite depth with vorticity. While neglecting the effects of surface tension we construct connected families of large amplitude periodic waves approaching either a solitary wave, the highest solitary wave or the highest Stokes wave. In contrast to previous studies we fix the Bernoulli constant and consider the wavelength as a bifurcation parameter, which guarantees that the limiting wave has a finite depth. In fact, this is the first rigorous proof of the existence of extreme Stokes waves on water of finite depth. Beside the existence of highest waves we provide a new result about the regularity of Stokes waves of arbitrary amplitude (including extreme waves).