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 Custer
We rank active Custer 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 | 7.053%APR 7.098% | 0 pts$0 | $968/moP&I $968 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 6.103%APR 6.881% | 0 pts$0 | $960/moP&I $893 · MI $68 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.302%APR 6.367% | 0 pts$0 | $896/moP&I $896 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 7.044%APR 7.089% | 0 pts$0 | $967/moP&I $967 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.749% | 0 pts$0 | $1,025/moP&I $1,025 · 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 | 6.302% | 6.367% | 0 pts ($0) | $1,245/mo | $25,662 |
15-Year Rate/Term Refi | 0% | 740 credit score | 6.191% | 6.256% | 0 pts ($0) | $1,546/mo | $35,023 |
Condo 10% Down | 10% | 720 credit score | 7.378% | 7.560% | 0 pts ($0) | $1,125/mo | $39,682 |
Conventional 10% Down | 10% | 720 credit score | 6.845% | 7.013% | 0 pts ($0) | $1,067/mo | $37,065 |
Conventional 20% Down | 20% | 740 credit score | 7.053% | 7.098% | 0 pts ($0) | $968/mo | $30,163 |
Conventional 5% Down | 5% | 700 credit score | 7.127% | 7.618% | 0 pts ($0) | $1,158/mo | $40,585 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.492% | 7.540% | 0 pts ($0) | $1,264/mo | $43,628 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,071/mo | $36,279 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.788% | 7.169% | 0 pts ($0) | $1,143/mo | $41,226 |
Conventional Rate/Term Refi | 0% | 740 credit score | 7.044% | 7.089% | 0 pts ($0) | $1,209/mo | $41,183 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,493/mo | $35,599 |
FHA 3.5% Down | 3.5% | 680 credit score | 6.103% | 6.881% | 0 pts ($0) | $1,077/mo | $37,926 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,096/mo | $38,378 |
FHA Streamline Refi | 0% | 640 credit score | 6.297% | 7.078% | 0 pts ($0) | $1,139/mo | $40,376 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.088% | 7.341% | 0 pts ($0) | $1,154/mo | $41,930 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $1,132/mo | $22,163 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.749% | 0 pts ($0) | $961/mo | $30,619 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $975/mo | $30,477 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $1,052/mo | $32,260 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.463% | 7.247% | 0 pts ($0) | $1,119/mo | $39,850 |
Second Home 10% Down | 10% | 720 credit score | 6.116% | 6.700% | 0 pts ($0) | $989/mo | $33,492 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $952/mo | $29,426 |
VA 0% Down | 0% | 700 credit score | 6.122% | 6.374% | 0 pts ($0) | $1,123/mo | $37,224 |
VA Cash-Out Refi | 0% | 640 credit score | 6.125% | 6.502% | 0 pts ($0) | $1,123/mo | $37,240 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.151% | 6.311% | 0 pts ($0) | $1,126/mo | $37,385 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $996/mo | $31,499 |
Frequently Asked Questions
What are today's mortgage rates in 40115, , KY across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 40115, , KY is 7.053% (with an estimated monthly payment of $1,059). Active program rates also include FHA 30-year fixed loans at 6.103% and VA 0%-down fixed loans at 6.122%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 40115, , KY?
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 40115, , KY have fluctuated between a low of 6.930% and a high of 7.181%. 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 40115, , KY?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $180,940 in 40115, , KY, a standard 20%-down Conventional loan requires an upfront cash down payment of $36,188 but keeps your monthly payment lower at $1,059/mo (at 7.053% interest) with no monthly PMI. In comparison, an FHA loan requires only $6,333 (3.5% down) but has an estimated payment of $1,178/mo (at 6.103% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $174,607 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 40115 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 40115 is $806,501. With a typical local home value of $180,940 in , a standard 20%-down mortgage requires a loan size of $144,752. 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 40115, , KY impact estimated mortgage payments?
The median home value in 40115, , KY is estimated at $180,940. Buying a typical home here with a standard 20% down payment ($36,188) translates to an estimated starting monthly mortgage payment of $1,059 (principal and interest). Compared to the local area median household income of $72,703 ($6,059/mo), this basic housing payment represents approximately 17.5% 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.