Published Sample Mortgage Rate
A current rate and APR example is being verified. Request a personalized quote for your credit profile and property.
- 780 FICO credit score. This is the score used to price this example, not a minimum qualification score.
- $400,000 conventional purchase loan; $500,000 purchase price and appraised value; $100,000 down payment (20%); 80% loan-to-value.
- Owner-occupied, single-family primary residence in Ventura County, California (ZIP 93065); no second mortgage.
- 30-year fixed term and 30-day lock pricing; no temporary buydown; taxes and insurance escrowed.
- $0 origination fee; 0 discount points; lender underwriting fee waived in this pricing option. APR assumes no additional prepaid finance charges.
- No mortgage insurance at 80% loan-to-value. Employed borrower, $15,000 monthly income, debt-to-income ratio no greater than 45%, not a first-time buyer.
- 360 regular monthly principal-and-interest payments of approximately $2893.89. Property taxes and homeowners insurance are additional, so the total payment will be higher.
- APR uses regular monthly payment periods. Closing date, prepaid interest, additional finance charges or a different first-payment interval can change APR. Rates and APRs for other credit scores or scenarios may differ.
Understanding these numbers
The rates above are dated sample pricing, not a personalized quote or a rate lock. They exist to show roughly how pricing moves across loan programs and terms — FHA versus conventional, 15-year versus 30-year — using one consistent, stated scenario. Your actual rate depends on your credit score, down payment, property type, occupancy, and loan amount, all of which can move pricing up or down from the sample.
Two numbers matter when comparing offers: the interest rate, which sets your monthly principal-and-interest payment, and the APR, which layers in most lender fees and closing costs as an annualized percentage. A lender with a lower rate but higher fees can end up with a higher APR than a lender with a slightly higher rate and lower fees — always compare APR, not just rate, when you have quotes from more than one source.
If you want a number tied to your actual scenario instead of the published sample, the fastest path is a personalized quote — it takes a few minutes and doesn't affect your credit. You can also estimate your payment with the mortgage payment calculator or compare two loan structures directly on the comparison pages.
Rate questions
Why does my rate look different from the sample rate on this page?+
Published rates assume a specific credit score, loan amount, down payment, property type, and occupancy — listed with the assumptions link next to each rate. Your actual rate depends on your own credit profile, property, and loan scenario, which is why a personalized quote can land above or below the sample.
What's the difference between the rate and the APR?+
The interest rate determines your monthly principal-and-interest payment. The APR includes the rate plus most lender fees and closing costs, expressed as a yearly percentage, which is why APR is almost always slightly higher than the rate and is the better number for comparing loans between lenders.
How often do these sample rates update?+
The snapshot above is dated and refreshes on a regular schedule — check the "as of" date next to the rates before using them. Because rates can move daily with the bond market, always request a current quote before making a decision based on a specific number.
Does checking rates here affect my credit score?+
No. Browsing sample rates and using the calculators involves no credit pull. A credit check only happens if you choose to move forward with a personalized quote or application, and you'll be told before that happens.
Reference-rate disclosures
- • The rate and APR are a dated sample for the stated scenario, not a Loan Estimate, approval, commitment to lend or rate lock.
- • Rates and pricing may change without notice. Request current pricing before making a financing decision.
- • Actual eligibility, interest rate, APR and costs depend on credit score, loan amount, loan-to-value, property, purpose, occupancy and other underwriting factors.
- • No origination fee does not mean no closing costs. Appraisal, title, recording, prepaid interest, taxes, insurance and other applicable costs may be due.