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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 | 6.998%APR 7.038% | 0 pts$0 | $664/moP&I $664 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 6.076%APR 6.850% | 0 pts$0 | $661/moP&I $614 · MI $47 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.262%APR 6.320% | 0 pts$0 | $615/moP&I $615 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.959%APR 7.000% | 0 pts$0 | $661/moP&I $661 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.725% | 0 pts$0 | $707/moP&I $707 · 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 | 6.262% | 6.320% | 0 pts ($0) | $857/mo | $17,582 |
15-Year Rate/Term Refi | 0% | 740 credit score | 6.239% | 6.299% | 0 pts ($0) | $1,069/mo | $24,327 |
Condo 10% Down | 10% | 720 credit score | 7.334% | 7.510% | 0 pts ($0) | $773/mo | $27,217 |
Conventional 10% Down | 10% | 720 credit score | 6.820% | 6.983% | 0 pts ($0) | $734/mo | $25,477 |
Conventional 20% Down | 20% | 740 credit score | 6.998% | 7.038% | 0 pts ($0) | $664/mo | $20,636 |
Conventional 5% Down | 5% | 700 credit score | 7.170% | 7.658% | 0 pts ($0) | $802/mo | $28,143 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.453% | 7.496% | 0 pts ($0) | $868/mo | $29,941 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $738/mo | $25,020 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.846% | 7.226% | 0 pts ($0) | $793/mo | $28,642 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.959% | 7.000% | 0 pts ($0) | $827/mo | $28,082 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,030/mo | $24,551 |
FHA 3.5% Down | 3.5% | 680 credit score | 6.076% | 6.850% | 0 pts ($0) | $741/mo | $26,056 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $756/mo | $26,467 |
FHA Streamline Refi | 0% | 640 credit score | 6.271% | 7.048% | 0 pts ($0) | $783/mo | $27,745 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.111% | 7.360% | 0 pts ($0) | $798/mo | $28,999 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $781/mo | $15,285 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.725% | 0 pts ($0) | $662/mo | $21,116 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $673/mo | $21,018 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $726/mo | $22,248 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.440% | 7.220% | 0 pts ($0) | $770/mo | $27,397 |
Second Home 10% Down | 10% | 720 credit score | 6.082% | 6.661% | 0 pts ($0) | $679/mo | $22,982 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $656/mo | $20,293 |
VA 0% Down | 0% | 700 credit score | 6.080% | 6.327% | 0 pts ($0) | $771/mo | $25,510 |
VA Cash-Out Refi | 0% | 640 credit score | 6.085% | 6.457% | 0 pts ($0) | $771/mo | $25,529 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.091% | 6.247% | 0 pts ($0) | $772/mo | $25,552 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $687/mo | $21,723 |
Frequently Asked Questions
What are today's mortgage rates in 75574, , TX across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 75574, , TX is 6.998% (with an estimated monthly payment of $1,527). Active program rates also include FHA 30-year fixed loans at 6.076% and VA 0%-down fixed loans at 6.080%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 75574, , TX?
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 75574, , TX have fluctuated between a low of 6.898% and a high of 7.150%. 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 75574, , TX?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $124,783 in 75574, , TX, a standard 20%-down Conventional loan requires an upfront cash down payment of $24,957 but keeps your monthly payment lower at $1,527/mo (at 6.998% interest) with no monthly PMI. In comparison, an FHA loan requires only $4,367 (3.5% down) but has an estimated payment of $1,704/mo (at 6.076% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $120,416 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 75574 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 75574 is $806,501. With a typical local home value of $124,783 in , a standard 20%-down mortgage requires a loan size of $99,826. 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 75574, , TX impact estimated mortgage payments?
The median home value in 75574, , TX is estimated at $124,783. Buying a typical home here with a standard 20% down payment ($24,957) translates to an estimated starting monthly mortgage payment of $1,527 (principal and interest). Compared to the local area median household income of $75,710 ($6,309/mo), this basic housing payment represents approximately 24.2% 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.