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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.
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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 | 6.965%APR 7.004% | 0 pts$0 | $1,446/moP&I $1,446 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 5.959%APR 6.730% | 0 pts$0 | $1,426/moP&I $1,324 · MI $102 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.125%APR 6.180% | 0 pts$0 | $1,325/moP&I $1,325 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.985%APR 7.024% | 0 pts$0 | $1,449/moP&I $1,449 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.704% | 0 pts$0 | $1,544/moP&I $1,544 · MI $0 | See details |
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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 | 6.125% | 6.180% | 0 pts ($0) | $1,855/mo | $37,541 |
15-Year Rate/Term Refi | 0% | 740 credit score | 6.058% | 6.113% | 0 pts ($0) | $2,309/mo | $51,713 |
Condo 10% Down | 10% | 720 credit score | 7.291% | 7.465% | 0 pts ($0) | $1,680/mo | $59,138 |
Conventional 10% Down | 10% | 720 credit score | 6.788% | 6.949% | 0 pts ($0) | $1,597/mo | $55,418 |
Conventional 20% Down | 20% | 740 credit score | 6.965% | 7.004% | 0 pts ($0) | $1,446/mo | $44,863 |
Conventional 5% Down | 5% | 700 credit score | 7.104% | 7.587% | 0 pts ($0) | $1,741/mo | $60,963 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.411% | 7.453% | 0 pts ($0) | $1,889/mo | $65,060 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,613/mo | $54,656 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.835% | 7.214% | 0 pts ($0) | $1,730/mo | $62,482 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.985% | 7.024% | 0 pts ($0) | $1,811/mo | $61,558 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $2,249/mo | $53,631 |
FHA 3.5% Down | 3.5% | 680 credit score | 5.959% | 6.730% | 0 pts ($0) | $1,598/mo | $55,979 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,652/mo | $57,817 |
FHA Streamline Refi | 0% | 640 credit score | 6.082% | 6.855% | 0 pts ($0) | $1,678/mo | $59,034 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.062% | 7.310% | 0 pts ($0) | $1,734/mo | $62,966 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $1,705/mo | $33,390 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.704% | 0 pts ($0) | $1,447/mo | $46,129 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $1,469/mo | $45,915 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $1,585/mo | $48,600 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.322% | 7.099% | 0 pts ($0) | $1,661/mo | $58,900 |
Second Home 10% Down | 10% | 720 credit score | 6.070% | 6.648% | 0 pts ($0) | $1,482/mo | $50,117 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,434/mo | $44,330 |
VA 0% Down | 0% | 700 credit score | 6.084% | 6.330% | 0 pts ($0) | $1,685/mo | $55,760 |
VA Cash-Out Refi | 0% | 640 credit score | 6.087% | 6.458% | 0 pts ($0) | $1,685/mo | $55,785 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.078% | 6.232% | 0 pts ($0) | $1,683/mo | $55,710 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $1,500/mo | $47,454 |
Frequently Asked Questions
What are today's mortgage rates in 14425, , NY across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 14425, , NY is 6.965% (with an estimated monthly payment of $1,723). Active program rates also include FHA 30-year fixed loans at 5.959% and VA 0%-down fixed loans at 6.084%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 14425, , 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 14425, , NY have fluctuated between a low of 6.853% and a high of 7.094%. 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 14425, , NY?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $272,591 in 14425, , NY, a standard 20%-down Conventional loan requires an upfront cash down payment of $54,518 but keeps your monthly payment lower at $1,723/mo (at 6.965% interest) with no monthly PMI. In comparison, an FHA loan requires only $9,541 (3.5% down) but has an estimated payment of $1,905/mo (at 5.959% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $263,050 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 14425 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 14425 is $806,501. With a typical local home value of $272,591 in , a standard 20%-down mortgage requires a loan size of $218,073. 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 14425, , NY impact estimated mortgage payments?
The median home value in 14425, , NY is estimated at $272,591. Buying a typical home here with a standard 20% down payment ($54,518) translates to an estimated starting monthly mortgage payment of $1,723 (principal and interest). Compared to the local area median household income of $92,400 ($7,700/mo), this basic housing payment represents approximately 22.4% 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.