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 | 6.833%APR 6.867% | 0 pts$0 | $3,333/moP&I $3,333 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 5.960%APR 6.727% | 0 pts$0 | $3,332/moP&I $3,095 · MI $238 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 5.880%APR 5.927% | 0 pts$0 | $3,015/moP&I $3,015 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.867%APR 6.901% | 0 pts$0 | $3,344/moP&I $3,344 · MI $0 | See details |
| Investment Property FixedConforming | 7.519%APR 7.558% | 0 pts$0 | $3,569/moP&I $3,569 · 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 | 5.880% | 5.927% | 0 pts ($0) | $4,266/mo | $84,091 |
15-Year Rate/Term Refi | 0% | 740 credit score | 5.860% | 5.907% | 0 pts ($0) | $5,326/mo | $117,163 |
Condo 10% Down | 10% | 720 credit score | 7.036% | 7.200% | 0 pts ($0) | $3,827/mo | $133,753 |
Conventional 10% Down | 10% | 720 credit score | 6.519% | 6.671% | 0 pts ($0) | $3,630/mo | $124,826 |
Conventional 20% Down | 20% | 740 credit score | 6.833% | 6.867% | 0 pts ($0) | $3,333/mo | $102,783 |
Conventional 5% Down | 5% | 700 credit score | 6.959% | 7.434% | 0 pts ($0) | $4,008/mo | $139,779 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.275% | 7.312% | 0 pts ($0) | $4,355/mo | $149,383 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $3,769/mo | $127,688 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.714% | 7.085% | 0 pts ($0) | $3,992/mo | $143,722 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.867% | 6.901% | 0 pts ($0) | $4,180/mo | $141,550 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $5,255/mo | $125,295 |
FHA 3.5% Down | 3.5% | 680 credit score | 5.960% | 6.727% | 0 pts ($0) | $3,733/mo | $130,798 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $3,858/mo | $135,075 |
FHA Streamline Refi | 0% | 640 credit score | 6.083% | 6.852% | 0 pts ($0) | $3,920/mo | $137,937 |
House Hacking Conforming 5% | 5% | 680 credit score | 6.932% | 7.173% | 0 pts ($0) | $3,997/mo | $144,732 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $3,984/mo | $78,006 |
Investment Property 25% Down | 25% | 740 credit score | 7.519% | 7.558% | 0 pts ($0) | $3,346/mo | $106,240 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $3,432/mo | $107,267 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $3,703/mo | $113,542 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.323% | 7.096% | 0 pts ($0) | $3,880/mo | $137,622 |
Second Home 10% Down | 10% | 720 credit score | 5.973% | 6.544% | 0 pts ($0) | $3,426/mo | $115,414 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $3,350/mo | $103,566 |
VA 0% Down | 0% | 700 credit score | 5.957% | 6.198% | 0 pts ($0) | $3,882/mo | $127,786 |
VA Cash-Out Refi | 0% | 640 credit score | 5.964% | 6.329% | 0 pts ($0) | $3,885/mo | $127,923 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 5.977% | 6.127% | 0 pts ($0) | $3,891/mo | $128,177 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $3,504/mo | $110,863 |
Frequently Asked Questions
What are today's mortgage rates in Ontario-Montclair, CA across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in Ontario-Montclair, CA is 6.833% (with an estimated monthly payment of $3,184). Active program rates also include FHA 30-year fixed loans at 5.960% and VA 0%-down fixed loans at 5.957%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in Ontario-Montclair, CA?
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 Ontario-Montclair, CA have fluctuated between a low of 6.454% and a high of 6.914%. 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 Ontario-Montclair, CA?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $636,836 in Ontario-Montclair, CA, a standard 20%-down Conventional loan requires an upfront cash down payment of $127,367 but keeps your monthly payment lower at $3,184/mo (at 6.833% interest) with no monthly PMI. In comparison, an FHA loan requires only $22,289 (3.5% down) but has an estimated payment of $3,567/mo (at 5.960% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $614,547 falls comfortably within the local HUD FHA loan limit of $732,361 (1-unit), making FHA financing an exceptionally accessible, high-leverage entry point into the market.
What is the maximum conforming loan limit in Ontario-Montclair before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in Ontario-Montclair is $806,501. With a typical local home value of $636,836 in , a standard 20%-down mortgage requires a loan size of $509,469. 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 Ontario-Montclair, CA impact estimated mortgage payments?
The median home value in Ontario-Montclair, CA is estimated at $636,836. Buying a typical home here with a standard 20% down payment ($127,367) translates to an estimated starting monthly mortgage payment of $3,184 (principal and interest). Compared to the local area median household income of $80,055 ($6,671/mo), this basic housing payment represents approximately 47.7% 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.