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Florida · Conventional · 30-year fixed

30-year fixed mortgage rates in Florida

Compare 30-year fixed conventional loan options with the APR, fees and full payment. Check the date and loan details, then use your own numbers. A lower rate may cost more upfront.

Use your numbers Ask about a personal quote

No application or credit pull. The example is not a personal quote or a locked rate.

Compare these conventional choices

Lower rate · Up to 1 point · Provident

Rate6.875%
APR7.013%

0.625 points · $1,875 upfront

Zero discount points · Provident

Rate7.125%
APR7.202%

0 discount points + $1,125 lender credit

$400,000 purchase · 25% down ($100,000) · $300,000 loan · 780–799 credit · primary residence · single-family · 30-year fixed · 30-day lock

· Illustrative Florida estimate · Not a rate lock.

With points: 30-year fixed · Approximately 360 monthly principal-and-interest payments of $1,971. This principal & interest amount excludes property taxes, homeowners insurance, HOA/CDD dues, flood insurance and other property-specific costs; your actual total monthly payment will be higher.

Zero points: 30-year fixed · Approximately 360 monthly principal-and-interest payments of $2,021. This principal & interest amount excludes property taxes, homeowners insurance, HOA/CDD dues, flood insurance and other property-specific costs; your actual total monthly payment will be higher.

The lower-rate option costs more than zero and no more than 1.000 discount points when available; one point is 1% of the loan amount. Zero discount points means no discount points paid; lender fees and other closing costs still apply. Any lender credit applies toward eligible closing costs.

Illustrative Florida estimates. Rates and pricing may change and may not be available at commitment or closing. Not a loan approval, commitment to lend, Loan Estimate or rate lock.

On this page

How I compare the choices

Start with the decision, not the headline rate.

01 · Points and time

Make the lower rate earn back its cost.

A simple example: $3,000 in points divided by $100 in monthly savings is a 30-month payback. My usual preference is about 24–36 months, then I check that against your expected loan duration and reserves.

In the calculator's current matched scenario, the lower-rate option costs approximately $2,979 more upfront and saves approximately $50per month in principal and interest. The break-even is about 60 months, calculated from the unrounded amounts. I usually look for a simple points payback in about two to three years (24–36 months). This example’s estimated 60 months is longer than that preference.

Model the points over your timeline

02 · Cash and concessions

Use available dollars where they solve a real problem.

If a seller offers $10,000 toward eligible costs and the actual eligible costs are $8,500, I check whether the remaining $1,500 can fund a worthwhile rate reduction. Program limits, contribution limits, and actual costs control; I do not assume every unused dollar can be applied.

If the home needs an $8,000 AC, seller-paid eligible closing costs may preserve your own cash for that repair. If a priced lender-credit option is available, it may also preserve cash, but it comes with a rate and payment tradeoff. It is not cash paid to you for the AC.

Separate closing costs, prepaids, and cash reserves

03 · Same file, same day

Compare the entire offer before choosing a lender.

I compare offers on the same day and scenario: lock period, Rate, APR, points or credit, cash to close, and the full monthly payment. Credit, down payment and LTV, loan size, occupancy, program, and market timing can all change the answer.

For the lock, I use the closing calendar and your risk tolerance. I generally prefer avoiding a last-week forced decision and often aim to be locked roughly two weeks before closing. I do not predict future rates or guarantee a refinance.

Use the same-input lender checklist
Mortgage Expert™ / Rate FinderFlorida · purchase

01 / Your numbers

See rates for
your situation.

Choose Conventional, FHA or VA. Enter the price, down payment and estimated credit range to compare your payment and money needed at closing.

No contact information is required to compare rates.

Skip to the current example
Loan type

30-year fixed mortgage rates

Put in your numbers. I’ll show you my available Conventional pricing for that scenario.

Build your scenarioFLORIDA

$100,000

Estimate - nothing is pulled

More scenario detailsPrimary · 30-year

FHA and VA price a primary residence

Priced on a 30-day lock

Loan amount$300,000

Payment Assumptions

Leave either field blank to use the planning default shown below. Enter your own annual figure to use it in both the estimated payment and estimated cash needed at closing.

Optional · Default: 1.25% of purchase price

Optional · Default: $2,400/year

Added to the estimated payment. Not part of pricing.

Mortgage insurance is applied by the pricing model where it applies - conventional PMI above 80% loan-to-value, FHA’s monthly premium, and none on VA and is already included in the estimated total monthly payment. FHA’s upfront premium and the VA funding fee are financed into the loan, so the rate, payment, APR and cash to close are calculated on the financed amount. The exact treatment for the scenario on screen is in the scenario disclosure beneath the results.

The options below match these numbers.

02 / Rate tradeoffs

See what each rate really costs.

Compare the lower-rate option, priced at more than zero and no more than 1.000 discount points, with the zero-discount-point option. If that choice comes with a lender credit, we show the actual amount.

Illustrative example

Conventional · 30-year fixed · 780–799 credit
$400,000 purchase · 25% down

Select a priced rate to see its payment and money needed at closing.

Featured choices may come from different wholesale lenders, each priced for the same scenario. The lower-rate option costs more than zero and no more than 1.000 discount points when available; the zero-discount-point option is an exact-zero row when one is priced, otherwise the lowest rate that carries an actual lender credit.

Lower rate · Up to 1 point · Provident 1 / 2

Estimated total monthly payment

$2,587/mo

Includes taxes and homeowners insurance.

Principal & interest

$1,971/mo
30-year fixed · Approximately 360 monthly principal-and-interest payments of $1,971. This principal & interest amount excludes property taxes, homeowners insurance, HOA/CDD dues, flood insurance and other property-specific costs; your actual total monthly payment will be higher.
What's inside your payment?

How your estimated total payment adds up

  • Principal & interest
  • Property taxes
  • Homeowners insurance
Principal & interest
$1,971
Property taxes
$416
Homeowners insurance
$200
HOA / CDD
Not included
Estimated total monthly payment
$2,587

Property taxes, homeowners insurance and mortgage insurance are estimates. Actual amounts depend on the property, coverage and final loan terms.

Rate6.875%
APR 7.013%

0.625 points · $1,875 upfront for this rate

Money needed at closing

$111,440Estimated total
Down payment
$100,000
Closing costsIncludes upfront rate cost
+ $6,625
Prepaids & escrows
+ $4,815
Where does the money go?

Budget for more than the down payment. Closing costs pay for the loan and closing services. Prepaids and escrows cover items such as interest, insurance and tax reserves.

+ Down payment
$100,000
+ Estimated closing costsIncludes $1,875 upfront for this rate (0.625 points).
$6,625
+ Prepaids & initial escrows
$4,815
Estimated money needed at closing
$111,440
See every cost and credit
Down payment
$100,000
Discount points
$1,875
Lender-controlled charges
$1,225
Settlement and third-party services
$1,525
Title estimates
$350
Recording and government charges
$1,650
Prepaid interest
$565
First-year homeowners insurance
$2,400
Initial escrow deposits
$1,850
Estimated money needed at closing
$111,440

Final cash needed depends on verified costs, deposits and eligible credits.

Using 2 planning estimates

Property tax: 1.25% of purchase price annually. Homeowners insurance: $2,400/year. HOA / CDD is included only when you enter it.

Explore the rate steps

Tap a stop or slide. Each stop is a priced choice.

Less money upfront Lower monthly payment

My current available options for this scenario: 3 priced choices.

30-year fixed · Approximately 360 monthly principal-and-interest payments of $1,971. This principal & interest amount excludes property taxes, homeowners insurance, HOA/CDD dues, flood insurance and other property-specific costs; your actual total monthly payment will be higher.

Estimated payment includes modeled property taxes and homeowners insurance; HOA/CDD and flood insurance are excluded unless entered.

The tradeoff

More now. Less each month.

Choosing 6.875% instead of 7.125% costs about $2,979 more at closing and saves about $50 in principal and interest per month.

Estimated break-even

60 months

That’s how long the lower payment takes to make back the extra money.

Sell or refinance sooner? You may not recover the extra cost.
Keep the loan longer? The lower payment has more time to pay you back.

Points-payback context: I usually look for a simple points payback in about two to three years (24–36 months). This example’s estimated 60 months is longer than that preference.

Detailed figures for each choice

These are the pricing choices shown for this scenario. Tap a choice to use it above. Other rates may be available after I review the full loan.

See this choice above
See rate / APR details

Pay $1,875 upfront for this rate.
0.625 points · $1,875 upfront rate cost

The no-points choice is an actual zero discount-point row when one is priced, otherwise the lowest rate that comes with an actual lender credit. The featured lower-rate choice costs more than zero and no more than 1.000discount points when that priced choice is available.

The choices shown are distinct priced paths for this scenario, not every rate on a lender's pricing sheet. A lender credit reduces eligible closing costs in exchange for a higher rate.

How the break-even works

Extra cash at closing ÷ monthly principal & interest savings = months to recover the extra cash.

This uses the difference between the two cash-to-close estimates, including any change in prepaid interest.

This compares principal and interest only. It does not include property taxes, homeowners insurance, mortgage insurance, inflation, prepayment, refinancing, future rate changes, or opportunity cost on the money used for points. It is a planning aid, not a guarantee. The displayed differences round the exact unrounded deltas to the nearest dollar; break-even uses the unrounded values.

See how the mortgage math fits together

How your monthly payment gets built

Principal & interest
$1,971
+ Property taxes
$416
+ Homeowners insurance
$200
= Estimated total monthly payment
$2,587

How your closing money gets built

Down payment
$100,000
+ Estimated closing costs
$6,625
+ Prepaids & initial escrows
$4,815
= Estimated money needed at closing
$111,440

Send your selected rate and the reference options for my review.

· May change or be unavailable at commitment or closing · Not a rate lock.

Loan assumptions, pricing & disclosures
Loan purpose
Purchase
Purchase price
$400,000
Down payment
25% · $100,000
Base loan amount
$300,000
Total financed loan
$300,000
Payment calculated on
Base loan amount
Property taxes (annual)
$5,000 · planning default · 1.25% of purchase price
Homeowners insurance (annual)
$2,400 · planning default · $2,400/year
Term
30-year fixed
Credit range
780–799
Occupancy
Primary residence
Property type
Single-family
State
Florida
Lock period
30-day lock

The most common starting point for a borrower with an established credit profile. Mortgage insurance applies above 80% loan-to-value and ends under the applicable rules.

No private mortgage insurance applies at this loan-to-value.

The lower-rate option is the lowest actually priced rate costing more than zero and no more than 1.000 borrower-paid discount points; the points and dollar cost shown are that row's own, and one point is 1% of the loan amount. The zero-discount-point option uses an exact-zero row when one is priced, otherwise the lowest actually priced rate that carries an actual lender credit. Discount points are separate from lender fees and other closing costs, and zero discount points does not mean zero closing costs. A missing option is shown as unavailable rather than substituted.

Estimated cash needed includes the down payment, modeled closing costs, prepaids, escrow setup, and the discount points or lender credit for the option.

Illustrative Florida estimate. Not an offer, approval, commitment to lend, Loan Estimate or rate lock.

Every figure on this page is calculated by the same pricing engine used for a real scenario review, not typed in, not averaged from a survey, and not a live market feed.

The simple break-even compares additional upfront rate cost with estimated monthly principal-and-interest savings. It does not include taxes, insurance, mortgage insurance, HOA, inflation, tax effects, opportunity cost, prepayment, sale, refinancing, or future rate changes.

30-year or 15-year

Choose the payment you can comfortably sustain.

A 15-year required payment belongs in the plan only when it works in an ordinary month, not just a perfect one. A 30-year term keeps the required payment lower and leaves more room when income or reserves need flexibility.

Decision30-year fixed15-year fixed
Required P&ILower for the same loan amountHigher; must fit comfortably
PricingThe dated 30-year example is shown on this pageNeeds its own matched 15-year quote; do not infer it
Scheduled payoff30 years with scheduled payments15 years with scheduled payments
FlexibilityLower required payment; optional extra principalFaster required payoff; less monthly room
Interest over full termGenerally more if only scheduled payments are madeGenerally less because principal is repaid faster

Open this matched purchase scenario as a 15-year option on Florida rates

Compare the 15-year commitment with a 30-year extra-payment plan.

Clearly assumed illustration

What $500 of optional extra principal can change.

Extra principal can accelerate a 30-year payoff while preserving the lower required payment for months when you need flexibility. It does not grant 15-year pricing or change the required payment.

Scheduled 30-year payoff
30 years
With $500 extra each month
17 years, 4 months
Estimated interest avoided
$200,235

Illustration assumes the matched $300,000loan, its 7.000% 30-year note rate (7.089% APR), the scheduled $1,996 monthly P&I payment, and $500 of extra principal starting in month one. Source pricing checked October 16, 2026. May change or be unavailable at commitment or closing · Not a rate lock. Rounded to whole dollars and months; taxes, insurance, fees, and servicing details are excluded.

Try your balance and extra-payment amount

Rate, APR and your full payment

Compare the same loan details.

Rate is only one line.

The note rate sets scheduled principal and interest. Only that scheduled P&I stays fixed on a fixed-rate loan; taxes, insurance, mortgage insurance, HOA or CDD dues, and other property costs can change. APR adds certain finance charges and helps compare costs when the loan amount, lock period, points or credit, and fees match.

Your credit and home affect the rate.

Credit, down payment, loan size and how you use the home all matter. So do points, credits and the lock period. Use the same details when comparing offers. The calculator shows the details behind its estimates.

What stays fixed?

On a standard 30-year fixed loan, the interest rate and scheduled principal-and-interest payment stay the same. Taxes, home insurance and dues can change. Your total housing cost may rise.

CFPB: why a mortgage payment can change

Plan for the Florida address

Get a new-owner tax estimate and an insurance quote. Ask about flood coverage, HOA or condo dues and CDD charges. The seller’s tax bill may not be yours.

Estimate your Florida mortgage payment

The featured examples and calculator start with the same conventional loan details: $400,000 purchase, 25% down, $300,000 loan, 780–799 credit, 30-year fixed, and 30-day lock.

Questions I hear most

Florida 30-year fixed rates, answered.

What is the current 30-year fixed mortgage rate in Florida?

When verified pricing is available, the dated example and calculator below use the same current pricing source and matched assumptions. Check the date. If pricing is too old, the numbers are withheld. Credit, down payment, home type, fees and lock period can change your result. It is an educational estimate, not a personal quote or locked rate.

Should I pay points for a lower 30-year rate?

I divide the extra upfront cost by the monthly principal-and-interest savings. That gives a simple payback time. My usual preference is about 24–36 months. Then I check how long you expect to keep the loan and how much cash you need after closing. A lower rate may not be worth the upfront cost.

How does a lender credit affect the rate and APR?

When an eligible lender-credit option is available, it can help pay eligible closing costs in exchange for a higher rate and payment. It is not cash for repairs. Compare Rate and APR, fees, cash due and the full payment to see the tradeoff.

Is a 30-year fixed better than a 15-year fixed?

A 15-year loan can pay off sooner but usually has a higher required payment. A 30-year loan spreads payments over more time. It may leave more room in your budget but can cost more interest. Extra principal can pay a 30-year loan off sooner; it does not give you a 15-year rate.

When should I lock a mortgage rate?

Ask how long the lock lasts and whether it covers your closing date. I often aim to be locked roughly two weeks before closing when the file and timing support it. A rate becomes locked only through the actual loan process. An online estimate is not a lock, and a future refinance is not promised.

Contact Mortgage Expert for a personal quote and lock discussion

Educational planning only. Rate, APR, payment, points, lender credit, and cash-to-close examples on this page are not personal rate quotes, Loan Estimates, approvals, commitments to lend, or rate locks. Final pricing depends on verified credit, income, assets, property, loan program, lock date, lender conditions, and actual third-party fees. Mortgage Expert, Inc. · NMLS 2412313 · Equal Housing Opportunity.