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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 | 6.988%APR 7.030% | 0 pts$0 | $1,248/moP&I $1,248 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 6.092%APR 6.868% | 0 pts$0 | $1,244/moP&I $1,157 · MI $88 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.250%APR 6.312% | 0 pts$0 | $1,156/moP&I $1,156 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.990%APR 7.033% | 0 pts$0 | $1,248/moP&I $1,248 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.719% | 0 pts$0 | $1,329/moP&I $1,329 · 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 | 6.250% | 6.312% | 0 pts ($0) | $1,610/mo | $33,004 |
15-Year Rate/Term Refi | 0% | 740 credit score | 6.069% | 6.131% | 0 pts ($0) | $1,989/mo | $44,600 |
Condo 10% Down | 10% | 720 credit score | 7.320% | 7.498% | 0 pts ($0) | $1,451/mo | $51,103 |
Conventional 10% Down | 10% | 720 credit score | 6.898% | 7.065% | 0 pts ($0) | $1,391/mo | $48,415 |
Conventional 20% Down | 20% | 740 credit score | 6.988% | 7.030% | 0 pts ($0) | $1,248/mo | $38,757 |
Conventional 5% Down | 5% | 700 credit score | 7.289% | 7.785% | 0 pts ($0) | $1,527/mo | $53,733 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.437% | 7.483% | 0 pts ($0) | $1,631/mo | $56,201 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,389/mo | $47,059 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.870% | 7.253% | 0 pts ($0) | $1,495/mo | $54,037 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.990% | 7.033% | 0 pts ($0) | $1,560/mo | $53,037 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,937/mo | $46,176 |
FHA 3.5% Down | 3.5% | 680 credit score | 6.092% | 6.868% | 0 pts ($0) | $1,395/mo | $49,119 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,422/mo | $49,781 |
FHA Streamline Refi | 0% | 640 credit score | 6.287% | 7.066% | 0 pts ($0) | $1,476/mo | $52,301 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.261% | 7.516% | 0 pts ($0) | $1,523/mo | $55,552 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $1,468/mo | $28,749 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.719% | 0 pts ($0) | $1,246/mo | $39,717 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $1,265/mo | $39,532 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $1,365/mo | $41,845 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.454% | 7.236% | 0 pts ($0) | $1,450/mo | $51,628 |
Second Home 10% Down | 10% | 720 credit score | 6.103% | 6.685% | 0 pts ($0) | $1,280/mo | $43,360 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,235/mo | $38,168 |
VA 0% Down | 0% | 700 credit score | 6.118% | 6.368% | 0 pts ($0) | $1,456/mo | $48,255 |
VA Cash-Out Refi | 0% | 640 credit score | 6.120% | 6.496% | 0 pts ($0) | $1,456/mo | $48,269 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.132% | 6.290% | 0 pts ($0) | $1,458/mo | $48,356 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $1,291/mo | $40,858 |
Frequently Asked Questions
What are today's mortgage rates in 44651, , OH across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 44651, , OH is 6.988% (with an estimated monthly payment of $1,200). Active program rates also include FHA 30-year fixed loans at 6.092% and VA 0%-down fixed loans at 6.118%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 44651, , OH?
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 44651, , OH have fluctuated between a low of 6.875% and a high of 7.129%. 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 44651, , OH?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $234,701 in 44651, , OH, a standard 20%-down Conventional loan requires an upfront cash down payment of $46,940 but keeps your monthly payment lower at $1,200/mo (at 6.988% interest) with no monthly PMI. In comparison, an FHA loan requires only $8,215 (3.5% down) but has an estimated payment of $1,342/mo (at 6.092% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $226,486 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 44651 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 44651 is $806,501. With a typical local home value of $234,701 in , a standard 20%-down mortgage requires a loan size of $187,761. 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 44651, , OH impact estimated mortgage payments?
The median home value in 44651, , OH is estimated at $234,701. Buying a typical home here with a standard 20% down payment ($46,940) translates to an estimated starting monthly mortgage payment of $1,200 (principal and interest). Compared to the local area median household income of $69,188 ($5,766/mo), this basic housing payment represents approximately 20.8% 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.