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.
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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 | 6.927%APR 6.964% | 0 pts$0 | $992/moP&I $992 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 5.948%APR 6.718% | 0 pts$0 | $982/moP&I $911 · MI $70 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.049%APR 6.102% | 0 pts$0 | $906/moP&I $906 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.880%APR 6.917% | 0 pts$0 | $987/moP&I $987 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.683% | 0 pts$0 | $1,063/moP&I $1,063 · 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 | 6.049% | 6.102% | 0 pts ($0) | $1,272/mo | $25,533 |
15-Year Rate/Term Refi | 0% | 740 credit score | 6.006% | 6.059% | 0 pts ($0) | $1,585/mo | $35,345 |
Condo 10% Down | 10% | 720 credit score | 7.246% | 7.418% | 0 pts ($0) | $1,153/mo | $40,514 |
Conventional 10% Down | 10% | 720 credit score | 6.755% | 6.915% | 0 pts ($0) | $1,097/mo | $38,012 |
Conventional 20% Down | 20% | 740 credit score | 6.927% | 6.964% | 0 pts ($0) | $992/mo | $30,736 |
Conventional 5% Down | 5% | 700 credit score | 7.052% | 7.534% | 0 pts ($0) | $1,193/mo | $41,721 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.372% | 7.412% | 0 pts ($0) | $1,297/mo | $44,603 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,111/mo | $37,655 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.825% | 7.203% | 0 pts ($0) | $1,191/mo | $42,993 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.880% | 6.917% | 0 pts ($0) | $1,234/mo | $41,817 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,550/mo | $36,949 |
FHA 3.5% Down | 3.5% | 680 credit score | 5.948% | 6.718% | 0 pts ($0) | $1,099/mo | $38,506 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,138/mo | $39,834 |
FHA Streamline Refi | 0% | 640 credit score | 6.067% | 6.838% | 0 pts ($0) | $1,154/mo | $40,586 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.010% | 7.255% | 0 pts ($0) | $1,188/mo | $43,101 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $1,175/mo | $23,004 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.683% | 0 pts ($0) | $997/mo | $31,781 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $1,012/mo | $31,633 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $1,092/mo | $33,483 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.307% | 7.083% | 0 pts ($0) | $1,142/mo | $40,496 |
Second Home 10% Down | 10% | 720 credit score | 5.953% | 6.526% | 0 pts ($0) | $1,008/mo | $33,934 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $988/mo | $30,542 |
VA 0% Down | 0% | 700 credit score | 6.069% | 6.314% | 0 pts ($0) | $1,159/mo | $38,330 |
VA Cash-Out Refi | 0% | 640 credit score | 6.073% | 6.443% | 0 pts ($0) | $1,159/mo | $38,353 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.079% | 6.232% | 0 pts ($0) | $1,160/mo | $38,387 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $1,033/mo | $32,693 |
Frequently Asked Questions
What are today's mortgage rates in Batesburg-Leesville, SC across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in Batesburg-Leesville, SC is 6.927% (with an estimated monthly payment of $1,990). Active program rates also include FHA 30-year fixed loans at 5.948% and VA 0%-down fixed loans at 6.069%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in Batesburg-Leesville, SC?
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 Batesburg-Leesville, SC have fluctuated between a low of 6.569% and a high of 7.011%. 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 Batesburg-Leesville, SC?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $187,803 in Batesburg-Leesville, SC, a standard 20%-down Conventional loan requires an upfront cash down payment of $37,561 but keeps your monthly payment lower at $1,990/mo (at 6.927% interest) with no monthly PMI. In comparison, an FHA loan requires only $6,573 (3.5% down) but has an estimated payment of $2,205/mo (at 5.948% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $181,230 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 Batesburg-Leesville before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in Batesburg-Leesville is $806,501. With a typical local home value of $187,803 in , a standard 20%-down mortgage requires a loan size of $150,242. 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 Batesburg-Leesville, SC impact estimated mortgage payments?
The median home value in Batesburg-Leesville, SC is estimated at $187,803. Buying a typical home here with a standard 20% down payment ($37,561) translates to an estimated starting monthly mortgage payment of $1,990 (principal and interest). Compared to the local area median household income of $52,695 ($4,391/mo), this basic housing payment represents approximately 45.3% 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.