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 Glenmont
We rank active Glenmont 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 | $2,374/moP&I $2,374 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 5.945%APR 6.714% | 0 pts$0 | $2,350/moP&I $2,183 · MI $168 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.027%APR 6.079% | 0 pts$0 | $2,164/moP&I $2,164 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.948%APR 6.985% | 0 pts$0 | $2,382/moP&I $2,382 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.677% | 0 pts$0 | $2,547/moP&I $2,547 · 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 | 6.027% | 6.079% | 0 pts ($0) | $3,042/mo | $60,933 |
15-Year Rate/Term Refi | 0% | 740 credit score | 5.989% | 6.042% | 0 pts ($0) | $3,794/mo | $84,444 |
Condo 10% Down | 10% | 720 credit score | 7.218% | 7.388% | 0 pts ($0) | $2,753/mo | $96,706 |
Conventional 10% Down | 10% | 720 credit score | 6.622% | 6.778% | 0 pts ($0) | $2,592/mo | $89,434 |
Conventional 20% Down | 20% | 740 credit score | 6.917% | 6.954% | 0 pts ($0) | $2,374/mo | $73,518 |
Conventional 5% Down | 5% | 700 credit score | 7.038% | 7.517% | 0 pts ($0) | $2,854/mo | $99,759 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.360% | 7.400% | 0 pts ($0) | $3,103/mo | $106,679 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $2,662/mo | $90,200 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.822% | 7.198% | 0 pts ($0) | $2,851/mo | $102,946 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.948% | 6.985% | 0 pts ($0) | $2,977/mo | $101,090 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $3,712/mo | $88,509 |
FHA 3.5% Down | 3.5% | 680 credit score | 5.945% | 6.714% | 0 pts ($0) | $2,633/mo | $92,197 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $2,726/mo | $95,418 |
FHA Streamline Refi | 0% | 640 credit score | 6.063% | 6.834% | 0 pts ($0) | $2,763/mo | $97,165 |
House Hacking Conforming 5% | 5% | 680 credit score | 6.995% | 7.240% | 0 pts ($0) | $2,842/mo | $103,051 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $2,814/mo | $55,104 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.677% | 0 pts ($0) | $2,388/mo | $76,128 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $2,425/mo | $75,774 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $2,616/mo | $80,207 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.303% | 7.078% | 0 pts ($0) | $2,735/mo | $96,951 |
Second Home 10% Down | 10% | 720 credit score | 5.950% | 6.523% | 0 pts ($0) | $2,414/mo | $81,250 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $2,366/mo | $73,160 |
VA 0% Down | 0% | 700 credit score | 6.065% | 6.310% | 0 pts ($0) | $2,774/mo | $91,760 |
VA Cash-Out Refi | 0% | 640 credit score | 6.068% | 6.438% | 0 pts ($0) | $2,775/mo | $91,802 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.075% | 6.228% | 0 pts ($0) | $2,777/mo | $91,898 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $2,475/mo | $78,314 |
Frequently Asked Questions
What are today's mortgage rates in 12077, , NY across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 12077, , NY is 6.917% (with an estimated monthly payment of $2,079). 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 12077, , NY?
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 12077, , NY have fluctuated between a low of 6.551% and a high of 6.996%. 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 12077, , NY?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $449,865 in 12077, , NY, a standard 20%-down Conventional loan requires an upfront cash down payment of $89,973 but keeps your monthly payment lower at $2,079/mo (at 6.917% interest) with no monthly PMI. In comparison, an FHA loan requires only $15,745 (3.5% down) but has an estimated payment of $2,305/mo (at 5.945% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $434,120 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 12077 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 12077 is $806,501. With a typical local home value of $449,865 in , a standard 20%-down mortgage requires a loan size of $359,892. 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 12077, , NY impact estimated mortgage payments?
The median home value in 12077, , NY is estimated at $449,865. Buying a typical home here with a standard 20% down payment ($89,973) translates to an estimated starting monthly mortgage payment of $2,079 (principal and interest). Compared to the local area median household income of $127,979 ($10,665/mo), this basic housing payment represents approximately 19.5% 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.