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 Pegram
We rank active Pegram 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 | 6.847%APR 6.881% | 0 pts$0 | $2,569/moP&I $2,569 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 5.977%APR 6.745% | 0 pts$0 | $2,569/moP&I $2,386 · MI $183 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 5.906%APR 5.954% | 0 pts$0 | $2,327/moP&I $2,327 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.814%APR 6.849% | 0 pts$0 | $2,560/moP&I $2,560 · MI $0 | See details |
| Investment Property FixedConforming | 7.544%APR 7.583% | 0 pts$0 | $2,754/moP&I $2,754 · 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 | 5.906% | 5.954% | 0 pts ($0) | $3,289/mo | $65,020 |
15-Year Rate/Term Refi | 0% | 740 credit score | 5.893% | 5.942% | 0 pts ($0) | $4,108/mo | $90,648 |
Condo 10% Down | 10% | 720 credit score | 7.061% | 7.226% | 0 pts ($0) | $2,953/mo | $103,282 |
Conventional 10% Down | 10% | 720 credit score | 6.537% | 6.690% | 0 pts ($0) | $2,799/mo | $96,318 |
Conventional 20% Down | 20% | 740 credit score | 6.847% | 6.881% | 0 pts ($0) | $2,569/mo | $79,277 |
Conventional 5% Down | 5% | 700 credit score | 6.970% | 7.446% | 0 pts ($0) | $3,089/mo | $107,743 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.290% | 7.327% | 0 pts ($0) | $3,357/mo | $115,202 |
Conventional High Balance | 10% | 740 credit score | 7.013% | 7.046% | 0 pts ($0) | $2,939/mo | $99,997 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.750% | 7.123% | 0 pts ($0) | $3,084/mo | $111,138 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.814% | 6.849% | 0 pts ($0) | $3,200/mo | $108,168 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $4,045/mo | $96,439 |
FHA 3.5% Down | 3.5% | 680 credit score | 5.977% | 6.745% | 0 pts ($0) | $2,878/mo | $100,921 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $2,970/mo | $103,967 |
FHA Streamline Refi | 0% | 640 credit score | 6.107% | 6.877% | 0 pts ($0) | $3,025/mo | $106,530 |
House Hacking Conforming 5% | 5% | 680 credit score | 6.944% | 7.186% | 0 pts ($0) | $3,081/mo | $111,569 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $3,067/mo | $60,041 |
Investment Property 25% Down | 25% | 740 credit score | 7.544% | 7.583% | 0 pts ($0) | $2,582/mo | $82,050 |
Jumbo Conforming | 20% | 760 credit score | 7.051% | 7.084% | 0 pts ($0) | $2,622/mo | $81,689 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $2,850/mo | $87,393 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.346% | 7.120% | 0 pts ($0) | $2,994/mo | $106,261 |
Second Home 10% Down | 10% | 720 credit score | 5.992% | 6.564% | 0 pts ($0) | $2,643/mo | $89,086 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $2,578/mo | $79,715 |
VA 0% Down | 0% | 700 credit score | 5.974% | 6.215% | 0 pts ($0) | $2,994/mo | $98,613 |
VA Cash-Out Refi | 0% | 640 credit score | 5.981% | 6.346% | 0 pts ($0) | $2,996/mo | $98,718 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 5.996% | 6.146% | 0 pts ($0) | $3,001/mo | $98,944 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $2,697/mo | $85,331 |
Frequently Asked Questions
What are today's mortgage rates in 37143, Nashville-Davidson Metropolitan Government (Balance), TN across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 37143, Nashville-Davidson Metropolitan Government (Balance), TN is 6.847% (with an estimated monthly payment of $2,912). Active program rates also include FHA 30-year fixed loans at 5.977% and VA 0%-down fixed loans at 5.974%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 37143, Nashville-Davidson Metropolitan Government (Balance), TN?
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 37143, Nashville-Davidson Metropolitan Government (Balance), TN have fluctuated between a low of 6.468% and a high of 6.928%. 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 37143, Nashville-Davidson Metropolitan Government (Balance), TN?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $490,172 in 37143, Nashville-Davidson Metropolitan Government (Balance), TN, a standard 20%-down Conventional loan requires an upfront cash down payment of $98,034 but keeps your monthly payment lower at $2,912/mo (at 6.847% interest) with no monthly PMI. In comparison, an FHA loan requires only $17,156 (3.5% down) but has an estimated payment of $3,263/mo (at 5.977% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $473,016 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 37143 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 37143 is $806,501. With a typical local home value of $490,172 in Nashville-Davidson Metropolitan Government (Balance), a standard 20%-down mortgage requires a loan size of $392,138. 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 37143, Nashville-Davidson Metropolitan Government (Balance), TN impact estimated mortgage payments?
The median home value in 37143, Nashville-Davidson Metropolitan Government (Balance), TN is estimated at $490,172. Buying a typical home here with a standard 20% down payment ($98,034) translates to an estimated starting monthly mortgage payment of $2,912 (principal and interest). Compared to the local area median household income of $99,659 ($8,305/mo), this basic housing payment represents approximately 35.1% 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.