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 Mitchells
We rank active Mitchells 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 | 6.940%APR 6.978% | 0 pts$0 | $2,274/moP&I $2,274 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 5.954%APR 6.724% | 0 pts$0 | $2,248/moP&I $2,087 · MI $160 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.093%APR 6.147% | 0 pts$0 | $2,082/moP&I $2,082 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.712%APR 6.752% | 0 pts$0 | $2,221/moP&I $2,221 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.695% | 0 pts$0 | $2,434/moP&I $2,434 · 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 | 6.093% | 6.147% | 0 pts ($0) | $2,919/mo | $58,871 |
15-Year Rate/Term Refi | 0% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $3,585/mo | $78,574 |
Condo 10% Down | 10% | 720 credit score | 6.950% | 7.116% | 0 pts ($0) | $2,560/mo | $89,265 |
Conventional 10% Down | 10% | 720 credit score | 6.774% | 6.935% | 0 pts ($0) | $2,515/mo | $87,213 |
Conventional 20% Down | 20% | 740 credit score | 6.940% | 6.978% | 0 pts ($0) | $2,274/mo | $70,475 |
Conventional 5% Down | 5% | 700 credit score | 6.926% | 7.402% | 0 pts ($0) | $2,696/mo | $93,928 |
Conventional Cash-Out Refi | 0% | 740 credit score | 6.940% | 6.978% | 0 pts ($0) | $2,842/mo | $96,475 |
Conventional High Balance | 10% | 740 credit score | 6.999% | 7.032% | 0 pts ($0) | $2,573/mo | $87,515 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.831% | 7.210% | 0 pts ($0) | $2,726/mo | $98,464 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.712% | 6.752% | 0 pts ($0) | $2,777/mo | $93,522 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $3,547/mo | $84,559 |
FHA 3.5% Down | 3.5% | 680 credit score | 5.954% | 6.724% | 0 pts ($0) | $2,518/mo | $88,197 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $2,604/mo | $91,159 |
FHA Streamline Refi | 0% | 640 credit score | 6.075% | 6.847% | 0 pts ($0) | $2,643/mo | $92,986 |
House Hacking Conforming 5% | 5% | 680 credit score | 6.926% | 7.170% | 0 pts ($0) | $2,696/mo | $97,603 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $2,689/mo | $52,645 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.695% | 0 pts ($0) | $2,282/mo | $72,731 |
Jumbo Conforming | 20% | 760 credit score | 7.000% | 7.032% | 0 pts ($0) | $2,288/mo | $71,097 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $2,499/mo | $76,627 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.315% | 7.091% | 0 pts ($0) | $2,616/mo | $92,777 |
Second Home 10% Down | 10% | 720 credit score | 6.930% | 7.094% | 0 pts ($0) | $2,555/mo | $89,031 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $2,261/mo | $69,895 |
VA 0% Down | 0% | 700 credit score | 6.077% | 6.323% | 0 pts ($0) | $2,654/mo | $87,823 |
VA Cash-Out Refi | 0% | 640 credit score | 6.081% | 6.452% | 0 pts ($0) | $2,655/mo | $87,876 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.088% | 6.242% | 0 pts ($0) | $2,657/mo | $87,969 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $2,365/mo | $74,819 |
Frequently Asked Questions
What are today's mortgage rates in 22729, , VA across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 22729, , VA is 6.940% (with an estimated monthly payment of $1,830). Active program rates also include FHA 30-year fixed loans at 5.954% and VA 0%-down fixed loans at 6.077%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 22729, , VA?
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 22729, , VA have fluctuated between a low of 6.456% and a high of 6.940%. 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 22729, , VA?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $429,788 in 22729, , VA, a standard 20%-down Conventional loan requires an upfront cash down payment of $85,958 but keeps your monthly payment lower at $1,830/mo (at 6.940% interest) with no monthly PMI. In comparison, an FHA loan requires only $15,043 (3.5% down) but has an estimated payment of $2,026/mo (at 5.954% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $414,745 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 22729 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 22729 is $806,501. With a typical local home value of $429,788 in , a standard 20%-down mortgage requires a loan size of $343,830. 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 22729, , VA impact estimated mortgage payments?
The median home value in 22729, , VA is estimated at $429,788. Buying a typical home here with a standard 20% down payment ($85,958) translates to an estimated starting monthly mortgage payment of $1,830 (principal and interest). Compared to the local area median household income of $90,886 ($7,574/mo), this basic housing payment represents approximately 24.2% 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.