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 Ayer-Shirley
We rank active Ayer-Shirley 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 | 6.845%APR 6.879% | 0 pts$0 | $2,826/moP&I $2,826 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 5.974%APR 6.742% | 0 pts$0 | $2,826/moP&I $2,625 · MI $201 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 5.902%APR 5.950% | 0 pts$0 | $2,560/moP&I $2,560 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.884%APR 6.919% | 0 pts$0 | $2,837/moP&I $2,837 · MI $0 | See details |
| Investment Property FixedConforming | 7.540%APR 7.579% | 0 pts$0 | $3,029/moP&I $3,029 · 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 | 5.902% | 5.950% | 0 pts ($0) | $3,618/mo | $71,494 |
15-Year Rate/Term Refi | 0% | 740 credit score | 5.875% | 5.923% | 0 pts ($0) | $4,515/mo | $99,464 |
Condo 10% Down | 10% | 720 credit score | 6.909% | 7.071% | 0 pts ($0) | $3,200/mo | $111,422 |
Conventional 10% Down | 10% | 720 credit score | 6.534% | 6.687% | 0 pts ($0) | $3,079/mo | $105,939 |
Conventional 20% Down | 20% | 740 credit score | 6.845% | 6.879% | 0 pts ($0) | $2,826/mo | $87,207 |
Conventional 5% Down | 5% | 700 credit score | 6.840% | 7.310% | 0 pts ($0) | $3,354/mo | $116,547 |
Conventional Cash-Out Refi | 0% | 740 credit score | 6.882% | 6.917% | 0 pts ($0) | $3,546/mo | $120,128 |
Conventional High Balance | 10% | 740 credit score | 7.017% | 7.050% | 0 pts ($0) | $3,235/mo | $110,090 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.747% | 7.120% | 0 pts ($0) | $3,392/mo | $122,243 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.884% | 6.919% | 0 pts ($0) | $3,546/mo | $120,160 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $4,451/mo | $106,117 |
FHA 3.5% Down | 3.5% | 680 credit score | 5.974% | 6.742% | 0 pts ($0) | $3,166/mo | $111,001 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $3,268/mo | $114,400 |
FHA Streamline Refi | 0% | 640 credit score | 6.103% | 6.873% | 0 pts ($0) | $3,327/mo | $117,154 |
House Hacking Conforming 5% | 5% | 680 credit score | 6.840% | 7.079% | 0 pts ($0) | $3,354/mo | $121,159 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $3,374/mo | $66,067 |
Investment Property 25% Down | 25% | 740 credit score | 7.540% | 7.579% | 0 pts ($0) | $2,840/mo | $90,235 |
Jumbo Conforming | 20% | 760 credit score | 7.073% | 7.106% | 0 pts ($0) | $2,892/mo | $90,172 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $3,136/mo | $96,163 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.343% | 7.117% | 0 pts ($0) | $3,293/mo | $116,876 |
Second Home 10% Down | 10% | 720 credit score | 6.851% | 7.011% | 0 pts ($0) | $3,181/mo | $110,574 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $2,837/mo | $87,714 |
VA 0% Down | 0% | 700 credit score | 5.972% | 6.213% | 0 pts ($0) | $3,293/mo | $108,475 |
VA Cash-Out Refi | 0% | 640 credit score | 5.979% | 6.344% | 0 pts ($0) | $3,296/mo | $108,591 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 5.993% | 6.143% | 0 pts ($0) | $3,301/mo | $108,823 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $2,968/mo | $93,894 |
Frequently Asked Questions
What are today's mortgage rates in Ayer-Shirley, MA across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in Ayer-Shirley, MA is 6.845% (with an estimated monthly payment of $2,951). Active program rates also include FHA 30-year fixed loans at 5.974% and VA 0%-down fixed loans at 5.972%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in Ayer-Shirley, MA?
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 Ayer-Shirley, MA have fluctuated between a low of 6.397% and a high of 6.855%. 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 Ayer-Shirley, MA?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $539,361 in Ayer-Shirley, MA, a standard 20%-down Conventional loan requires an upfront cash down payment of $107,872 but keeps your monthly payment lower at $2,951/mo (at 6.845% interest) with no monthly PMI. In comparison, an FHA loan requires only $18,878 (3.5% down) but has an estimated payment of $3,307/mo (at 5.974% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $520,483 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 Ayer-Shirley before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in Ayer-Shirley is $806,501. With a typical local home value of $539,361 in , a standard 20%-down mortgage requires a loan size of $431,489. 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 Ayer-Shirley, MA impact estimated mortgage payments?
The median home value in Ayer-Shirley, MA is estimated at $539,361. Buying a typical home here with a standard 20% down payment ($107,872) translates to an estimated starting monthly mortgage payment of $2,951 (principal and interest). Compared to the local area median household income of $115,199 ($9,600/mo), this basic housing payment represents approximately 30.7% 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.