Safe Rate Local
See today's rates filtered to your situation — updated daily.
3–20% down · 620+ credit · no upfront MIP
3.5% down · 580+ credit · gov't-backed
0% down · no PMI · veterans & active duty
Above conforming limits · 740+ credit
FHA, HomeReady & low-down-payment options
Rate/term, cash-out, FHA Streamline, VA IRRRL
| Product | Rate / APR ↑ | Mo. Payment ↕ | Points | ||
|---|---|---|---|---|---|
20% Down Conv. Conventional purchase, 20% down | 20% Down740 FICO30-yr | 7.128% 7.162% APR | $1,169 Principal & Interest | $0 Points | |
Why choose this product?Understanding the pros and cons of the 20% Down Conv.. Motivation Avoid mortgage insurance entirely. Strengths Lowest monthly payment, no PMI, and often the best pricing tier. Limitations Requires a substantial amount of cash upfront for the down payment. 14-Day Rate TrendLowest 6.888% Highest 7.128% Today 7.128% | |||||
15-Year Refi 15-year fixed refinance | 0% Down740 FICO15-yr | 6.218% 6.268% APR | $1,460 Principal & Interest | $0 Points | |
15-Year Purchase 15-year fixed purchase | 20% Down740 FICO15-yr | 6.292% 6.342% APR | $1,491 Principal & Interest | $0 Points | |
Second Home Vacation or second home purchase | 10% Down720 FICO30-yr | 6.349% 6.929% APR | $1,236 Principal & Interest | $0 Points | |
FHA 3.5% Down FHA purchase, 3.5% down +$96/mo MI | 3.5% Down680 FICO30-yr | 6.364% 7.136% APR | $1,327 Principal & Interest | $0 Points | |
FHA Streamline FHA streamline refinance +$96/mo MI | 0% Down640 FICO30-yr | 6.364% 7.136% APR | $1,327 Principal & Interest | $0 Points | |
Lower Credit FHA FHA for buyers with lower credit scores +$96/mo MI | 3.5% Down580 FICO30-yr | 6.377% 7.149% APR | $1,329 Principal & Interest | $0 Points | |
VA 0% Down VA purchase, no down payment | 0% Down700 FICO30-yr | 6.449% 6.697% APR | $1,393 Principal & Interest | $0 Points | |
VA Cash-Out VA cash-out refinance | 0% Down640 FICO30-yr | 6.454% 6.830% APR | $1,360 Principal & Interest | $0 Points | |
VA IRRRL VA streamline refinance | 0% Down640 FICO30-yr | 6.471% 6.626% APR | $1,245 Principal & Interest | $0 Points | |
Jumbo Jumbo loan above conforming limits | 20% Down760 FICO30-yr | 6.875% 6.988% APR | $5,536 Principal & Interest | $0 Points | |
10% Down Conv. Conventional purchase, 10% down +$130/mo MI | 10% Down720 FICO30-yr | 6.889% 7.046% APR | $1,284 Principal & Interest | $0 Points | |
HomeReady Fannie Mae HomeReady, low-income buyers +$123/mo MI | 3% Down660 FICO30-yr | 6.946% 7.322% APR | $1,392 Principal & Interest | $0 Points | |
Rate/Term Refi Conventional rate/term refinance | 0% Down740 FICO30-yr | 7.125% 7.159% APR | $1,150 Principal & Interest | $0 Points | |
House Hacking Multi-unit owner-occupied purchase +$137/mo MI | 5% Down680 FICO30-yr | 7.320% 7.567% APR | $1,415 Principal & Interest | $0 Points | |
5% Down Conv. Conventional, avg credit, 5% down +$137/mo MI | 5% Down700 FICO30-yr | 7.349% 7.835% APR | $1,419 Principal & Interest | $0 Points | |
Condo 10% Down Condo purchase, 10% down +$117/mo MI | 10% Down720 FICO30-yr | 7.380% 7.550% APR | $1,079 Principal & Interest | $0 Points | |
Cash-Out Refi Conventional cash-out refinance | 0% Down740 FICO30-yr | 7.490% 7.526% APR | $1,212 Principal & Interest | $0 Points | |
Investment Property Non-owner occupied rental | 25% Down740 FICO30-yr | 7.625% 7.744% APR | $1,151 Principal & Interest | $0 Points | |
Rates updated daily by Safe Rate Mortgage (NMLS #1590949). Your actual rate depends on credit score, down payment, and property details.
Get a custom quote for Ogle County, take our product quiz to find the right loan, or save this rate to your dashboard.
Safe Rate Mortgage. NMLS #1590949. Rates shown are representative estimates. Illinois Residential Mortgage Licensee. Loans subject to credit and property approval. Rates and terms are subject to change without notice.