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 Genoa
We rank active Genoa 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 | 7.000%APR 7.043% | 0 pts$0 | $1,300/moP&I $1,300 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 6.101%APR 6.878% | 0 pts$0 | $1,296/moP&I $1,205 · MI $91 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.263%APR 6.327% | 0 pts$0 | $1,205/moP&I $1,205 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 7.121%APR 7.202% | 0 pts$0 | $1,316/moP&I $1,316 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.732% | 0 pts$0 | $1,383/moP&I $1,383 · 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 | 6.263% | 6.327% | 0 pts ($0) | $1,677/mo | $34,418 |
15-Year Rate/Term Refi | 0% | 740 credit score | 6.251% | 6.332% | 0 pts ($0) | $2,094/mo | $47,700 |
Condo 10% Down | 10% | 720 credit score | 7.348% | 7.528% | 0 pts ($0) | $1,514/mo | $53,364 |
Conventional 10% Down | 10% | 720 credit score | 6.817% | 6.983% | 0 pts ($0) | $1,435/mo | $49,845 |
Conventional 20% Down | 20% | 740 credit score | 7.000% | 7.043% | 0 pts ($0) | $1,300/mo | $40,402 |
Conventional 5% Down | 5% | 700 credit score | 7.296% | 7.793% | 0 pts ($0) | $1,590/mo | $55,965 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.455% | 7.501% | 0 pts ($0) | $1,700/mo | $58,617 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,445/mo | $48,970 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.881% | 7.264% | 0 pts ($0) | $1,557/mo | $56,311 |
Conventional Rate/Term Refi | 0% | 740 credit score | 7.121% | 7.202% | 0 pts ($0) | $1,645/mo | $56,156 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $2,015/mo | $48,052 |
FHA 3.5% Down | 3.5% | 680 credit score | 6.101% | 6.878% | 0 pts ($0) | $1,453/mo | $51,179 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,480/mo | $51,803 |
FHA Streamline Refi | 0% | 640 credit score | 6.296% | 7.076% | 0 pts ($0) | $1,538/mo | $54,492 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.268% | 7.524% | 0 pts ($0) | $1,586/mo | $57,857 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $1,528/mo | $29,916 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.732% | 0 pts ($0) | $1,297/mo | $41,331 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $1,316/mo | $41,138 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $1,420/mo | $43,545 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.462% | 7.245% | 0 pts ($0) | $1,510/mo | $53,783 |
Second Home 10% Down | 10% | 720 credit score | 6.102% | 6.684% | 0 pts ($0) | $1,332/mo | $45,115 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,285/mo | $39,719 |
VA 0% Down | 0% | 700 credit score | 6.124% | 6.375% | 0 pts ($0) | $1,516/mo | $50,260 |
VA Cash-Out Refi | 0% | 640 credit score | 6.128% | 6.504% | 0 pts ($0) | $1,516/mo | $50,290 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.124% | 6.283% | 0 pts ($0) | $1,516/mo | $50,260 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $1,344/mo | $42,517 |
Frequently Asked Questions
What are today's mortgage rates in 13071, , NY across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 13071, , NY is 7.000% (with an estimated monthly payment of $1,135). Active program rates also include FHA 30-year fixed loans at 6.101% and VA 0%-down fixed loans at 6.124%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 13071, , 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 13071, , NY have fluctuated between a low of 6.896% and a high of 7.138%. 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 13071, , NY?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $244,235 in 13071, , NY, a standard 20%-down Conventional loan requires an upfront cash down payment of $48,847 but keeps your monthly payment lower at $1,135/mo (at 7.000% interest) with no monthly PMI. In comparison, an FHA loan requires only $8,548 (3.5% down) but has an estimated payment of $1,269/mo (at 6.101% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $235,687 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 13071 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 13071 is $806,501. With a typical local home value of $244,235 in , a standard 20%-down mortgage requires a loan size of $195,388. 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 13071, , NY impact estimated mortgage payments?
The median home value in 13071, , NY is estimated at $244,235. Buying a typical home here with a standard 20% down payment ($48,847) translates to an estimated starting monthly mortgage payment of $1,135 (principal and interest). Compared to the local area median household income of $92,667 ($7,722/mo), this basic housing payment represents approximately 14.7% 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.