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 Winston Salem
We rank active Winston Salem 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 | 7.148%APR 7.195% | 0 pts$0 | $945/moP&I $945 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 6.106%APR 6.885% | 0 pts$0 | $929/moP&I $863 · MI $65 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.369%APR 6.438% | 0 pts$0 | $872/moP&I $872 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 7.120%APR 7.268% | 0 pts$0 | $942/moP&I $942 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.782% | 0 pts$0 | $990/moP&I $990 · 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 | 6.369% | 6.438% | 0 pts ($0) | $1,209/mo | $25,080 |
15-Year Rate/Term Refi | 0% | 740 credit score | 6.319% | 6.419% | 0 pts ($0) | $1,506/mo | $34,507 |
Condo 10% Down | 10% | 720 credit score | 7.455% | 7.640% | 0 pts ($0) | $1,096/mo | $38,726 |
Conventional 10% Down | 10% | 720 credit score | 6.894% | 7.064% | 0 pts ($0) | $1,036/mo | $36,063 |
Conventional 20% Down | 20% | 740 credit score | 7.148% | 7.195% | 0 pts ($0) | $945/mo | $29,559 |
Conventional 5% Down | 5% | 700 credit score | 7.154% | 7.647% | 0 pts ($0) | $1,123/mo | $39,369 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.573% | 7.623% | 0 pts ($0) | $1,232/mo | $42,603 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,035/mo | $35,071 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.797% | 7.180% | 0 pts ($0) | $1,106/mo | $39,899 |
Conventional Rate/Term Refi | 0% | 740 credit score | 7.120% | 7.268% | 0 pts ($0) | $1,178/mo | $40,212 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,443/mo | $34,414 |
FHA 3.5% Down | 3.5% | 680 credit score | 6.106% | 6.885% | 0 pts ($0) | $1,041/mo | $36,679 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,060/mo | $37,100 |
FHA Streamline Refi | 0% | 640 credit score | 6.300% | 7.083% | 0 pts ($0) | $1,102/mo | $39,047 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.103% | 7.357% | 0 pts ($0) | $1,117/mo | $40,609 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $1,094/mo | $21,425 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.782% | 0 pts ($0) | $929/mo | $29,600 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $943/mo | $29,462 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $1,017/mo | $31,185 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.466% | 7.252% | 0 pts ($0) | $1,082/mo | $38,538 |
Second Home 10% Down | 10% | 720 credit score | 6.121% | 6.707% | 0 pts ($0) | $956/mo | $32,400 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $920/mo | $28,446 |
VA 0% Down | 0% | 700 credit score | 6.135% | 6.388% | 0 pts ($0) | $1,087/mo | $36,054 |
VA Cash-Out Refi | 0% | 640 credit score | 6.149% | 6.529% | 0 pts ($0) | $1,088/mo | $36,129 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.178% | 6.340% | 0 pts ($0) | $1,092/mo | $36,285 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $963/mo | $30,450 |
Frequently Asked Questions
What are today's mortgage rates in 27105, Winston-Salem, NC across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 27105, Winston-Salem, NC is 7.148% (with an estimated monthly payment of $945). Active program rates also include FHA 30-year fixed loans at 6.106% and VA 0%-down fixed loans at 6.135%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 27105, Winston-Salem, NC?
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 27105, Winston-Salem, NC have fluctuated between a low of 6.993% and a high of 7.259%. 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 27105, Winston-Salem, NC?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $174,914 in 27105, Winston-Salem, NC, a standard 20%-down Conventional loan requires an upfront cash down payment of $34,983 but keeps your monthly payment lower at $945/mo (at 7.148% interest) with no monthly PMI. In comparison, an FHA loan requires only $6,122 (3.5% down) but has an estimated payment of $1,042/mo (at 6.106% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $168,792 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 27105 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 27105 is $806,501. With a typical local home value of $174,914 in Winston-Salem, a standard 20%-down mortgage requires a loan size of $139,931. 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 27105, Winston-Salem, NC impact estimated mortgage payments?
The median home value in 27105, Winston-Salem, NC is estimated at $174,914. Buying a typical home here with a standard 20% down payment ($34,983) translates to an estimated starting monthly mortgage payment of $945 (principal and interest). Compared to the local area median household income of $40,048 ($3,337/mo), this basic housing payment represents approximately 28.3% 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.