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 Monson
We rank active Monson 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 | 6.954%APR 6.992% | 0 pts$0 | $1,259/moP&I $1,259 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 5.956%APR 6.726% | 0 pts$0 | $1,243/moP&I $1,154 · MI $89 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.104%APR 6.159% | 0 pts$0 | $1,152/moP&I $1,152 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.843%APR 6.883% | 0 pts$0 | $1,245/moP&I $1,245 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.698% | 0 pts$0 | $1,345/moP&I $1,345 · 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 | 6.104% | 6.159% | 0 pts ($0) | $1,615/mo | $32,609 |
15-Year Rate/Term Refi | 0% | 740 credit score | 6.197% | 6.256% | 0 pts ($0) | $2,031/mo | $46,036 |
Condo 10% Down | 10% | 720 credit score | 7.278% | 7.451% | 0 pts ($0) | $1,463/mo | $51,467 |
Conventional 10% Down | 10% | 720 credit score | 6.778% | 6.939% | 0 pts ($0) | $1,391/mo | $48,244 |
Conventional 20% Down | 20% | 740 credit score | 6.954% | 6.992% | 0 pts ($0) | $1,259/mo | $39,044 |
Conventional 5% Down | 5% | 700 credit score | 7.089% | 7.572% | 0 pts ($0) | $1,515/mo | $53,040 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.398% | 7.439% | 0 pts ($0) | $1,645/mo | $56,621 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,406/mo | $47,644 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.832% | 7.211% | 0 pts ($0) | $1,508/mo | $54,446 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.843% | 6.883% | 0 pts ($0) | $1,556/mo | $52,644 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,961/mo | $46,751 |
FHA 3.5% Down | 3.5% | 680 credit score | 5.956% | 6.726% | 0 pts ($0) | $1,392/mo | $48,776 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,440/mo | $50,400 |
FHA Streamline Refi | 0% | 640 credit score | 6.077% | 6.849% | 0 pts ($0) | $1,462/mo | $51,424 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.046% | 7.293% | 0 pts ($0) | $1,509/mo | $54,779 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $1,487/mo | $29,106 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.698% | 0 pts ($0) | $1,261/mo | $40,211 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $1,281/mo | $40,024 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $1,382/mo | $42,365 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.318% | 7.095% | 0 pts ($0) | $1,447/mo | $51,315 |
Second Home 10% Down | 10% | 720 credit score | 5.961% | 6.535% | 0 pts ($0) | $1,277/mo | $42,987 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,250/mo | $38,643 |
VA 0% Down | 0% | 700 credit score | 6.079% | 6.325% | 0 pts ($0) | $1,468/mo | $48,570 |
VA Cash-Out Refi | 0% | 640 credit score | 6.083% | 6.454% | 0 pts ($0) | $1,468/mo | $48,599 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.090% | 6.244% | 0 pts ($0) | $1,469/mo | $48,650 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $1,308/mo | $41,366 |
Frequently Asked Questions
What are today's mortgage rates in 04464, , ME across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 04464, , ME is 6.954% (with an estimated monthly payment of $1,794). Active program rates also include FHA 30-year fixed loans at 5.956% and VA 0%-down fixed loans at 6.079%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 04464, , 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 04464, , ME have fluctuated between a low of 6.614% and a high of 7.070%. 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 04464, , ME?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $237,620 in 04464, , ME, a standard 20%-down Conventional loan requires an upfront cash down payment of $47,524 but keeps your monthly payment lower at $1,794/mo (at 6.954% interest) with no monthly PMI. In comparison, an FHA loan requires only $8,317 (3.5% down) but has an estimated payment of $1,984/mo (at 5.956% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $229,303 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 04464 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 04464 is $806,501. With a typical local home value of $237,620 in , a standard 20%-down mortgage requires a loan size of $190,096. 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 04464, , ME impact estimated mortgage payments?
The median home value in 04464, , ME is estimated at $237,620. Buying a typical home here with a standard 20% down payment ($47,524) translates to an estimated starting monthly mortgage payment of $1,794 (principal and interest). Compared to the local area median household income of $57,222 ($4,769/mo), this basic housing payment represents approximately 37.6% of gross monthly household income. Because this housing cost exceeds the standard 36% lender DTI guideline, buyers in this high-value area may need larger down payments, lower debt balances, or co-borrower income to qualify.