Florida purchase scenarios
Compare the same loan scenario three ways — lower rate with points, balanced pricing, and lender credit. See Rate and APR, payment impact, and cash to close before you apply.
Adjust your numbers on the left. Three pricing paths update on the right.
Start here — purchase or refinance.
Conventional rate-and-term refinance only. FHA Streamline and VA IRRRL refinance are coming after separate validation.
Loan type drives most pricing decisions across the rest of the form.
Not sure which fits? Start with Conventional — we'll help narrow it down.
Set the price, then choose how you'd like to structure the loan.
Purchase price of the property — contract price, not appraisal.
Cash you'll put in at closing. Most Florida buyers land between 5% and 20%.
How you'll use the property — pricing changes for second homes and investments.
A quick self-estimate — no credit pull.
We use your estimated middle score. Don't worry — no credit pull here.
Property type and term.
Condos carry their own pricing adjustment vs. single family.
30-year for flexibility, 15-year to pay off faster at a lower rate.
Annual dollars. These flow into your monthly payment and your cash-to-close prepaids.
Defaults to 1.25% of price — a Florida midpoint. Edit to match the actual tax bill.
Default $2,400/yr. Replace with your actual quote when you have one.
These are pricing options from the same scenario. The rate, cost, and credit change together.
Scenario shown: Conventional purchase, primary residence, single family, $850,000 purchase price, $637,500 loan amount, 25% down, 780–799 credit score, 30-year fixed, Florida.
I’ll check the rate, APR, points, lender credit, cash to close, and whether this structure fits your file before you apply. No application. No credit pull. No pressure.
Planning estimate only. Not a Loan Estimate. Not an approval. Not a commitment to lend. Not a rate lock. Final pricing depends on verified credit, income, assets, property, loan program, lock date, lender conditions, and actual third-party fees.
This tool models rate, APR, points, lender credits, cash to close, and estimated Florida monthly payment based on the scenario you enter. It compares three pricing paths — lower rate, balanced, lender credit — so you can see the tradeoff before you apply.
Florida payments are not just principal and interest. The tool's payment estimates include space for property taxes, homeowners insurance, HOA dues, CDD fees, and mortgage insurance where applicable — because in Florida, those line items often move the payment more than tiny rate differences.
Compliance: This is not a locked rate quote, not a loan approval, and not a commitment to lend. Actual pricing depends on credit score, loan program, LTV, property type, occupancy, lock timing, lender pricing, and underwriting. Rates change daily and sometimes intraday. Use this tool to understand the structure of your decision; use a real Loan Estimate to compare lenders.
For the deeper rate education — APR vs note rate, points break-even, lock vs float, FHA vs Conventional vs VA pricing — see the Rate Transparency Hub. For a custom review of your file, run Get My Strategy.
Every rate has a cost — either in points you pay or credits you take. The tradeoff isn't obvious until you see it.
Same loan, priced three ways. Buying down the rate makes sense for long holds; credits make sense for tight cash to close.
Get the structure right first — loan type, down payment, term — then apply. Fewer surprises, cleaner close.
One advertised rate is not enough. The same Florida loan can be priced three ways — lower rate with points, balanced, or lender credit — and the right pick depends on your cash, your time horizon, and your file. The tool compares the structure so you can decide before you apply.
It is an interactive decision engine that models the same Florida mortgage scenario three ways — lower rate with points, balanced pricing, and lender credit. You see Rate and APR, the points or credits behind each option, the estimated payment, and the cash-to-close difference. The goal is to help you choose a pricing structure before you fill out an application, not to advertise a single headline rate.
No. The output is an educational planning estimate. It is not a Loan Estimate, not a loan approval, and not a commitment to lend. Actual terms depend on credit, income, assets, property, occupancy, loan amount, LTV, market conditions, lock timing, and underwriting.
Yes. Every option displays Rate and APR with equal prominence so you can see the cost picture, not just the headline rate. APR reflects the note rate plus certain financed costs annualized — useful as one comparison input, but not the only one. The payment, the cash to close, and how long you plan to keep the loan also matter.
Points are an upfront cost you pay to buy down the rate, which lowers the monthly payment over time. Lender credits do the opposite — the lender contributes toward your closing costs in exchange for a higher rate. The tool shows both so you can compare lower-rate, balanced, and credit-heavy structures side by side and see which one fits your file.
No. The tool runs on the scenario you enter — loan amount, down payment, credit score band, occupancy, and program. There is no application, no credit pull, and no obligation. When you are ready for a real review, that is a separate step.
Rates change daily and sometimes intraday based on bond market moves, pricing adjustments, and lender capacity. Your final rate also depends on locked program details — credit score, loan-to-value, property type, occupancy, lock period, and underwriting. The tool shows where pricing is today as a planning reference, not a locked rate.
Yes. Switch the program in the tool to see how the same scenario prices on each path. From there, the Florida program guides for conventional, FHA, VA, and jumbo loans go deeper on eligibility, mortgage insurance, funding fee, and overlay context so the structure decision is informed by more than rate alone.
If the pricing makes sense, send it over. Use Get a Quick Quote for a short structured submission, or Get My Strategy for a deeper guided review. Either path connects you with a Florida licensed loan officer for a real verification — not an automated rate ping.
Send the scenario and I'll tell you what I'm seeing. No application fee. No long form just to get a basic answer.
