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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 | 7.091%APR 7.137% | 0 pts$0 | $2,283/moP&I $2,283 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 6.112%APR 6.891% | 0 pts$0 | $2,258/moP&I $2,099 · MI $159 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.331%APR 6.398% | 0 pts$0 | $2,111/moP&I $2,111 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 7.097%APR 7.144% | 0 pts$0 | $2,284/moP&I $2,284 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.762% | 0 pts$0 | $2,406/moP&I $2,406 · 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 | 6.331% | 6.398% | 0 pts ($0) | $2,930/mo | $60,563 |
15-Year Rate/Term Refi | 0% | 740 credit score | 6.272% | 6.340% | 0 pts ($0) | $3,649/mo | $83,263 |
Condo 10% Down | 10% | 720 credit score | 7.409% | 7.592% | 0 pts ($0) | $2,651/mo | $93,565 |
Conventional 10% Down | 10% | 720 credit score | 6.858% | 7.026% | 0 pts ($0) | $2,508/mo | $87,210 |
Conventional 20% Down | 20% | 740 credit score | 7.091% | 7.137% | 0 pts ($0) | $2,283/mo | $71,237 |
Conventional 5% Down | 5% | 700 credit score | 7.148% | 7.640% | 0 pts ($0) | $2,726/mo | $95,584 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.522% | 7.571% | 0 pts ($0) | $2,978/mo | $102,860 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $2,515/mo | $85,214 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.795% | 7.177% | 0 pts ($0) | $2,686/mo | $96,920 |
Conventional Rate/Term Refi | 0% | 740 credit score | 7.097% | 7.144% | 0 pts ($0) | $2,855/mo | $97,411 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $3,507/mo | $83,617 |
FHA 3.5% Down | 3.5% | 680 credit score | 6.112% | 6.891% | 0 pts ($0) | $2,532/mo | $89,196 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $2,575/mo | $90,144 |
FHA Streamline Refi | 0% | 640 credit score | 6.306% | 7.088% | 0 pts ($0) | $2,678/mo | $94,954 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.099% | 7.352% | 0 pts ($0) | $2,713/mo | $98,621 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $2,659/mo | $52,058 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.762% | 0 pts ($0) | $2,256/mo | $71,920 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $2,291/mo | $71,586 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $2,471/mo | $75,773 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.471% | 7.256% | 0 pts ($0) | $2,630/mo | $93,702 |
Second Home 10% Down | 10% | 720 credit score | 6.106% | 6.690% | 0 pts ($0) | $2,319/mo | $78,552 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $2,236/mo | $69,116 |
VA 0% Down | 0% | 700 credit score | 6.131% | 6.383% | 0 pts ($0) | $2,640/mo | $87,550 |
VA Cash-Out Refi | 0% | 640 credit score | 6.144% | 6.522% | 0 pts ($0) | $2,643/mo | $87,719 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.148% | 6.309% | 0 pts ($0) | $2,644/mo | $87,772 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $2,339/mo | $73,985 |
Frequently Asked Questions
What are today's mortgage rates in 78545, Saline�O, TX across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 78545, Saline�O, TX is 7.091% (with an estimated monthly payment of $1,011). Active program rates also include FHA 30-year fixed loans at 6.112% and VA 0%-down fixed loans at 6.131%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 78545, Saline�O, 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 78545, Saline�O, TX have fluctuated between a low of 6.956% and a high of 7.213%. 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 78545, Saline�O, TX?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $400,000 in 78545, Saline�O, TX, a standard 20%-down Conventional loan requires an upfront cash down payment of $80,000 but keeps your monthly payment lower at $1,011/mo (at 7.091% interest) with no monthly PMI. In comparison, an FHA loan requires only $14,000 (3.5% down) but has an estimated payment of $1,121/mo (at 6.112% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $386,000 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 78545 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 78545 is $806,501. With a typical local home value of $400,000 in Saline�O, a standard 20%-down mortgage requires a loan size of $320,000. 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 78545, Saline�O, TX impact estimated mortgage payments?
The median home value in 78545, Saline�O, TX is estimated at $400,000. Buying a typical home here with a standard 20% down payment ($80,000) translates to an estimated starting monthly mortgage payment of $1,011 (principal and interest). Compared to the local area median household income of $24,799 ($2,067/mo), this basic housing payment represents approximately 48.9% of gross monthly household income. Because this housing cost exceeds the standard 36% lender DTI guideline, buyers in this high-value area may need larger down payments, lower debt balances, or co-borrower income to qualify.