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 Keavy
We rank active Keavy 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 | 7.054%APR 7.095% | 0 pts$0 | $913/moP&I $913 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 6.078%APR 6.853% | 0 pts$0 | $903/moP&I $840 · MI $64 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.303%APR 6.363% | 0 pts$0 | $845/moP&I $845 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.813%APR 6.855% | 0 pts$0 | $891/moP&I $891 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.695% | 0 pts$0 | $966/moP&I $966 · 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 | 6.303% | 6.363% | 0 pts ($0) | $1,174/mo | $24,198 |
15-Year Rate/Term Refi | 0% | 740 credit score | 6.091% | 6.153% | 0 pts ($0) | $1,448/mo | $32,525 |
Condo 10% Down | 10% | 720 credit score | 7.269% | 7.445% | 0 pts ($0) | $1,049/mo | $36,907 |
Conventional 10% Down | 10% | 720 credit score | 6.850% | 7.015% | 0 pts ($0) | $1,006/mo | $34,967 |
Conventional 20% Down | 20% | 740 credit score | 7.054% | 7.095% | 0 pts ($0) | $913/mo | $28,441 |
Conventional 5% Down | 5% | 700 credit score | 7.248% | 7.740% | 0 pts ($0) | $1,105/mo | $38,855 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.493% | 7.537% | 0 pts ($0) | $1,192/mo | $41,137 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,010/mo | $34,204 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.855% | 7.236% | 0 pts ($0) | $1,085/mo | $39,201 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.813% | 6.855% | 0 pts ($0) | $1,114/mo | $37,639 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,408/mo | $33,562 |
FHA 3.5% Down | 3.5% | 680 credit score | 6.078% | 6.853% | 0 pts ($0) | $1,013/mo | $35,631 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,034/mo | $36,182 |
FHA Streamline Refi | 0% | 640 credit score | 6.273% | 7.051% | 0 pts ($0) | $1,071/mo | $37,941 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.177% | 7.429% | 0 pts ($0) | $1,098/mo | $39,966 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $1,067/mo | $20,895 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.695% | 0 pts ($0) | $906/mo | $28,868 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $919/mo | $28,733 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $992/mo | $30,414 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.442% | 7.223% | 0 pts ($0) | $1,052/mo | $37,464 |
Second Home 10% Down | 10% | 720 credit score | 6.088% | 6.668% | 0 pts ($0) | $929/mo | $31,446 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $897/mo | $27,742 |
VA 0% Down | 0% | 700 credit score | 6.090% | 6.338% | 0 pts ($0) | $1,055/mo | $34,926 |
VA Cash-Out Refi | 0% | 640 credit score | 6.104% | 6.478% | 0 pts ($0) | $1,056/mo | $35,000 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.113% | 6.270% | 0 pts ($0) | $1,057/mo | $35,047 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $939/mo | $29,697 |
Frequently Asked Questions
What are today's mortgage rates in 40737, , KY across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 40737, , KY is 7.054% (with an estimated monthly payment of $1,384). Active program rates also include FHA 30-year fixed loans at 6.078% and VA 0%-down fixed loans at 6.090%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 40737, , 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 40737, , KY have fluctuated between a low of 6.935% and a high of 7.197%. 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 40737, , KY?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $170,588 in 40737, , KY, a standard 20%-down Conventional loan requires an upfront cash down payment of $34,118 but keeps your monthly payment lower at $1,384/mo (at 7.054% interest) with no monthly PMI. In comparison, an FHA loan requires only $5,971 (3.5% down) but has an estimated payment of $1,535/mo (at 6.078% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $164,617 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 40737 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 40737 is $806,501. With a typical local home value of $170,588 in , a standard 20%-down mortgage requires a loan size of $136,470. 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 40737, , KY impact estimated mortgage payments?
The median home value in 40737, , KY is estimated at $170,588. Buying a typical home here with a standard 20% down payment ($34,118) translates to an estimated starting monthly mortgage payment of $1,384 (principal and interest). Compared to the local area median household income of $61,548 ($5,129/mo), this basic housing payment represents approximately 27.0% 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.