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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 | 6.923%APR 6.960% | 0 pts$0 | $1,727/moP&I $1,727 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 5.947%APR 6.716% | 0 pts$0 | $1,709/moP&I $1,587 · MI $122 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.040%APR 6.093% | 0 pts$0 | $1,575/moP&I $1,575 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.882%APR 6.919% | 0 pts$0 | $1,720/moP&I $1,720 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.681% | 0 pts$0 | $1,852/moP&I $1,852 · 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 | 6.040% | 6.093% | 0 pts ($0) | $2,213/mo | $44,393 |
15-Year Rate/Term Refi | 0% | 740 credit score | 6.009% | 6.062% | 0 pts ($0) | $2,761/mo | $61,574 |
Condo 10% Down | 10% | 720 credit score | 7.237% | 7.408% | 0 pts ($0) | $2,005/mo | $70,467 |
Conventional 10% Down | 10% | 720 credit score | 6.751% | 6.911% | 0 pts ($0) | $1,909/mo | $66,155 |
Conventional 20% Down | 20% | 740 credit score | 6.923% | 6.960% | 0 pts ($0) | $1,727/mo | $53,489 |
Conventional 5% Down | 5% | 700 credit score | 7.046% | 7.527% | 0 pts ($0) | $2,076/mo | $72,593 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.367% | 7.407% | 0 pts ($0) | $2,257/mo | $77,617 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,935/mo | $65,569 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.823% | 7.201% | 0 pts ($0) | $2,073/mo | $74,844 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.882% | 6.919% | 0 pts ($0) | $2,150/mo | $72,835 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $2,699/mo | $64,340 |
FHA 3.5% Down | 3.5% | 680 credit score | 5.947% | 6.716% | 0 pts ($0) | $1,914/mo | $67,040 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,981/mo | $69,362 |
FHA Streamline Refi | 0% | 640 credit score | 6.065% | 6.836% | 0 pts ($0) | $2,009/mo | $70,652 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.004% | 7.249% | 0 pts ($0) | $2,068/mo | $74,995 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $2,046/mo | $40,057 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.681% | 0 pts ($0) | $1,736/mo | $55,340 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $1,763/mo | $55,083 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $1,902/mo | $58,305 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.306% | 7.082% | 0 pts ($0) | $1,989/mo | $70,506 |
Second Home 10% Down | 10% | 720 credit score | 5.951% | 6.524% | 0 pts ($0) | $1,755/mo | $59,072 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,720/mo | $53,182 |
VA 0% Down | 0% | 700 credit score | 6.068% | 6.313% | 0 pts ($0) | $2,017/mo | $66,733 |
VA Cash-Out Refi | 0% | 640 credit score | 6.071% | 6.441% | 0 pts ($0) | $2,018/mo | $66,763 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.077% | 6.230% | 0 pts ($0) | $2,019/mo | $66,824 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $1,799/mo | $56,929 |
Frequently Asked Questions
What are today's mortgage rates in 23079, , VA across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 23079, , VA is 6.923% (with an estimated monthly payment of $2,026). Active program rates also include FHA 30-year fixed loans at 5.947% and VA 0%-down fixed loans at 6.068%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 23079, , 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 23079, , VA have fluctuated between a low of 6.562% and a high of 7.002%. 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 23079, , VA?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $327,020 in 23079, , VA, a standard 20%-down Conventional loan requires an upfront cash down payment of $65,404 but keeps your monthly payment lower at $2,026/mo (at 6.923% interest) with no monthly PMI. In comparison, an FHA loan requires only $11,446 (3.5% down) but has an estimated payment of $2,245/mo (at 5.947% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $315,574 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 23079 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 23079 is $806,501. With a typical local home value of $327,020 in , a standard 20%-down mortgage requires a loan size of $261,616. 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 23079, , VA impact estimated mortgage payments?
The median home value in 23079, , VA is estimated at $327,020. Buying a typical home here with a standard 20% down payment ($65,404) translates to an estimated starting monthly mortgage payment of $2,026 (principal and interest). Compared to the local area median household income of $65,044 ($5,420/mo), this basic housing payment represents approximately 37.4% 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.