Mortgage Resources & Tools
Everything you need to make informed decisions about your home financing. Free calculators, guides, and educational resources at your fingertips.
| Loan Type | Rate | APR | Change |
|---|---|---|---|
30-Year Fixed Conventional Most popular option with predictable payments | 6.50% | 6.72% | 0.15% |
15-Year Fixed Conventional Build equity faster with lower rates | 5.75% | 5.98% | 0.10% |
FHA 30-Year Fixed Low down payment option for first-time buyers | 6.25% | 6.48% | 0.12% |
VA 30-Year Fixed No down payment for eligible veterans | 6.00% | 6.20% | 0.18% |
Jumbo 30-Year Fixed For loan amounts above conforming limits | 6.75% | 6.95% | 0.08% |
5/1 ARM Fixed for 5 years, then adjusts annually | 5.50% | 6.85% | 0.20% |
Note: Rates shown are for informational purposes and assume excellent credit (740+ FICO), 20% down payment, and owner-occupied primary residence. Your actual rate may vary based on credit score, loan amount, property type, and other factors. Contact us for a personalized rate quote.
Interactive Calculators
Use our free calculators to estimate payments, determine affordability, and calculate potential savings
Free Downloadable Guides
Comprehensive checklists and guides to help you navigate the homebuying and refinancing process
Mortgage Glossary
Understand common mortgage terms and concepts with our comprehensive glossary
The yearly cost of a loan including interest and fees, expressed as a percentage. APR provides a more complete picture of loan costs than interest rate alone.
Fees and expenses paid at the closing of a real estate transaction, typically 2-5% of the home's purchase price. Includes appraisal, title insurance, and origination fees.
The initial upfront portion of the total purchase price paid by the buyer. Conventional loans typically require 5-20%, while FHA loans may require as little as 3.5%.
An account held by the lender to pay property taxes and insurance on behalf of the homeowner. Monthly mortgage payments include escrow contributions.
A mortgage with an interest rate that remains constant throughout the life of the loan, providing predictable monthly payments.
The ratio of the loan amount to the appraised value of the property, expressed as a percentage. Lower LTV ratios typically result in better loan terms.
Insurance required by lenders when down payment is less than 20%. PMI protects the lender if the borrower defaults on the loan.
A lender's conditional commitment to loan a specific amount based on verification of income, assets, and credit. Stronger than pre-qualification.
The original amount of money borrowed, excluding interest. Each mortgage payment includes both principal and interest.
Replacing an existing mortgage with a new loan, typically to secure a lower interest rate, change loan terms, or access home equity.