Select your Scenario
Dodge monthly mortgage insurance premiums (PMI) completely and secure the standard conventional baseline.
Explore programs requiring as little as 3% down conventional or 3.5% FHA, helping you buy sooner.
Optimize your existing debt service, lower your interest rate, or secure cash-out equity restructure.
Department of Veterans Affairs purchase loans offering 0% down payment and no monthly PMI for military.
Lock in lower interest rates with a 15-year fixed loan term to build massive equity quickly.
Finance non-owner occupied rental acquisitions or multi-unit house hacking with competitive investor pricing.
See Safe Rate's top scoring lenders for Palermo
We rank active Palermo lenders across our 5 P's of mortgage shopping. No pay to play, independent rankings.
Current Local Mortgage Rates
Sorted by lowest conforming purchase rate
Requires veteran or military eligibility
Loan amount is under conforming limits
| Loan Program | Today's Rate / APR | Points | Est. Payment | Action |
|---|---|---|---|---|
| Conventional 30-Yr FixedConforming | 6.917%APR 6.954% | 0 pts$0 | $1,607/moP&I $1,607 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 5.945%APR 6.714% | 0 pts$0 | $1,591/moP&I $1,477 · MI $114 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.026%APR 6.078% | 0 pts$0 | $1,465/moP&I $1,465 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.944%APR 6.981% | 0 pts$0 | $1,611/moP&I $1,611 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.677% | 0 pts$0 | $1,724/moP&I $1,724 · MI $0 | See details |
Personalize the rates on this page
Tell us your home budget and credit score to see exact payments and find your best-fit loan program instantly.
Compare all 26 pre-computed scenario benchmarks
Scenario Program | Down Pct | Credit score | Today's Rate | APR | Points | P&I Payment | 3-Yr Metric Cost |
|---|---|---|---|---|---|---|---|
15-Year Conforming Purchase | 20% | 740 credit score | 6.026% | 6.078% | 0 pts ($0) | $2,059/mo | $41,235 |
15-Year Rate/Term Refi | 0% | 740 credit score | 5.982% | 6.034% | 0 pts ($0) | $2,566/mo | $57,094 |
Condo 10% Down | 10% | 720 credit score | 7.216% | 7.386% | 0 pts ($0) | $1,863/mo | $65,438 |
Conventional 10% Down | 10% | 720 credit score | 6.621% | 6.777% | 0 pts ($0) | $1,754/mo | $60,524 |
Conventional 20% Down | 20% | 740 credit score | 6.917% | 6.954% | 0 pts ($0) | $1,607/mo | $49,760 |
Conventional 5% Down | 5% | 700 credit score | 7.038% | 7.517% | 0 pts ($0) | $1,932/mo | $67,521 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.360% | 7.400% | 0 pts ($0) | $2,100/mo | $72,205 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,802/mo | $61,051 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.821% | 7.197% | 0 pts ($0) | $1,930/mo | $69,669 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.944% | 6.981% | 0 pts ($0) | $2,014/mo | $68,385 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $2,513/mo | $59,907 |
FHA 3.5% Down | 3.5% | 680 credit score | 5.945% | 6.714% | 0 pts ($0) | $1,782/mo | $62,403 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,845/mo | $64,583 |
FHA Streamline Refi | 0% | 640 credit score | 6.063% | 6.834% | 0 pts ($0) | $1,870/mo | $65,765 |
House Hacking Conforming 5% | 5% | 680 credit score | 6.995% | 7.240% | 0 pts ($0) | $1,924/mo | $69,749 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $1,905/mo | $37,297 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.677% | 0 pts ($0) | $1,616/mo | $51,527 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $1,641/mo | $51,287 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $1,770/mo | $54,287 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.303% | 7.078% | 0 pts ($0) | $1,851/mo | $65,621 |
Second Home 10% Down | 10% | 720 credit score | 5.949% | 6.522% | 0 pts ($0) | $1,634/mo | $54,985 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,602/mo | $49,518 |
VA 0% Down | 0% | 700 credit score | 6.065% | 6.310% | 0 pts ($0) | $1,878/mo | $62,107 |
VA Cash-Out Refi | 0% | 640 credit score | 6.068% | 6.438% | 0 pts ($0) | $1,878/mo | $62,135 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.075% | 6.228% | 0 pts ($0) | $1,880/mo | $62,201 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $1,676/mo | $53,006 |
Frequently Asked Questions
What are today's mortgage rates in 04354, , ME across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 04354, , ME is 6.917% (with an estimated monthly payment of $2,084). Active program rates also include FHA 30-year fixed loans at 5.945% and VA 0%-down fixed loans at 6.065%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 04354, , ME?
Mortgage rates have shown typical daily fluctuations driven by inflation data and bond yields. Over the past 90 days, conventional 30-year fixed rates in 04354, , ME have fluctuated between a low of 6.551% and a high of 6.995%. You can track these daily movements by using the 90-day rate history and trajectory chart featured on this page.
Is an FHA or Conventional loan more cost-effective in 04354, , ME?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $304,488 in 04354, , ME, a standard 20%-down Conventional loan requires an upfront cash down payment of $60,898 but keeps your monthly payment lower at $2,084/mo (at 6.917% interest) with no monthly PMI. In comparison, an FHA loan requires only $10,657 (3.5% down) but has an estimated payment of $2,310/mo (at 5.945% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $293,831 falls comfortably within the local HUD FHA loan limit of $524,225 (1-unit), making FHA financing an exceptionally accessible, high-leverage entry point into the market.
What is the maximum conforming loan limit in 04354 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 04354 is $806,501. With a typical local home value of $304,488 in , a standard 20%-down mortgage requires a loan size of $243,590. Because this is within the $806,501 conforming threshold, buyers can easily qualify for standard conforming conventional financing with competitive rates.
How does the median home value in 04354, , ME impact estimated mortgage payments?
The median home value in 04354, , ME is estimated at $304,488. Buying a typical home here with a standard 20% down payment ($60,898) translates to an estimated starting monthly mortgage payment of $2,084 (principal and interest). Compared to the local area median household income of $80,415 ($6,701/mo), this basic housing payment represents approximately 31.1% of gross monthly household income. This housing cost is well within standard lender affordability guidelines (under the 36% DTI benchmark), demonstrating healthy local purchasing power.