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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 | 7.048%APR 7.089% | 0 pts$0 | $1,418/moP&I $1,418 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 6.085%APR 6.860% | 0 pts$0 | $1,404/moP&I $1,305 · MI $99 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.299%APR 6.359% | 0 pts$0 | $1,312/moP&I $1,312 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.950%APR 6.991% | 0 pts$0 | $1,404/moP&I $1,404 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.693% | 0 pts$0 | $1,501/moP&I $1,501 · 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 | 6.299% | 6.359% | 0 pts ($0) | $1,824/mo | $37,573 |
15-Year Rate/Term Refi | 0% | 740 credit score | 5.994% | 6.052% | 0 pts ($0) | $2,236/mo | $49,791 |
Condo 10% Down | 10% | 720 credit score | 7.265% | 7.441% | 0 pts ($0) | $1,630/mo | $57,315 |
Conventional 10% Down | 10% | 720 credit score | 6.846% | 7.011% | 0 pts ($0) | $1,562/mo | $54,301 |
Conventional 20% Down | 20% | 740 credit score | 7.048% | 7.089% | 0 pts ($0) | $1,418/mo | $44,152 |
Conventional 5% Down | 5% | 700 credit score | 7.246% | 7.738% | 0 pts ($0) | $1,717/mo | $60,354 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.489% | 7.533% | 0 pts ($0) | $1,851/mo | $63,884 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,568/mo | $53,143 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.854% | 7.235% | 0 pts ($0) | $1,685/mo | $60,901 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.950% | 6.991% | 0 pts ($0) | $1,754/mo | $59,575 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $2,187/mo | $52,147 |
FHA 3.5% Down | 3.5% | 680 credit score | 6.085% | 6.860% | 0 pts ($0) | $1,575/mo | $55,415 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,606/mo | $56,217 |
FHA Streamline Refi | 0% | 640 credit score | 6.280% | 7.058% | 0 pts ($0) | $1,666/mo | $59,006 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.168% | 7.420% | 0 pts ($0) | $1,704/mo | $62,028 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $1,658/mo | $32,466 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.693% | 0 pts ($0) | $1,407/mo | $44,853 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $1,429/mo | $44,644 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $1,541/mo | $47,256 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.448% | 7.229% | 0 pts ($0) | $1,636/mo | $58,257 |
Second Home 10% Down | 10% | 720 credit score | 6.086% | 6.666% | 0 pts ($0) | $1,443/mo | $48,845 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,394/mo | $43,104 |
VA 0% Down | 0% | 700 credit score | 6.089% | 6.337% | 0 pts ($0) | $1,639/mo | $54,258 |
VA Cash-Out Refi | 0% | 640 credit score | 6.094% | 6.467% | 0 pts ($0) | $1,640/mo | $54,299 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.112% | 6.269% | 0 pts ($0) | $1,643/mo | $54,445 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $1,458/mo | $46,140 |
Frequently Asked Questions
What are today's mortgage rates in 27130, Winston-Salem, NC across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 27130, Winston-Salem, NC is 7.048% (with an estimated monthly payment of $1,399). Active program rates also include FHA 30-year fixed loans at 6.085% and VA 0%-down fixed loans at 6.089%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 27130, 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 27130, Winston-Salem, NC have fluctuated between a low of 6.931% and a high of 7.191%. 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 27130, Winston-Salem, NC?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $265,048 in 27130, Winston-Salem, NC, a standard 20%-down Conventional loan requires an upfront cash down payment of $53,010 but keeps your monthly payment lower at $1,399/mo (at 7.048% interest) with no monthly PMI. In comparison, an FHA loan requires only $9,277 (3.5% down) but has an estimated payment of $1,554/mo (at 6.085% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $255,771 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 27130 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 27130 is $806,501. With a typical local home value of $265,048 in Winston-Salem, a standard 20%-down mortgage requires a loan size of $212,038. 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 27130, Winston-Salem, NC impact estimated mortgage payments?
The median home value in 27130, Winston-Salem, NC is estimated at $265,048. Buying a typical home here with a standard 20% down payment ($53,010) translates to an estimated starting monthly mortgage payment of $1,399 (principal and interest). Compared to the local area median household income of $60,354 ($5,030/mo), this basic housing payment represents approximately 27.8% 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.