Compare Florida Mortgage Rates in 30 Seconds.
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Conventional: $750,000 purchase · 25% down · $562,500 loan · 780–799 · Primary residence · 30-year · Florida · 30-day lock
Florida Rate Finder
Example Conventional scenario
$187,500
Estimate — nothing is pulled
Estimated principal & interestApplied result · Primary · 30-year
- Closest to Par, estimated principal and interest
- $3,555/mo
- Lower Rate, estimated principal and interest
- $3,463/mo
- Closest to Par: 30-year fixed · Approximately 360 monthly principal-and-interest payments of $3,555.
- Lower Rate: 30-year fixed · Approximately 360 monthly principal-and-interest payments of $3,463.
P&I difference: $92/mo
These principal-and-interest payments exclude property taxes, homeowners insurance, mortgage insurance, HOA/CDD dues and flood insurance. The full comparison adds estimated property taxes, homeowners insurance and applicable mortgage insurance. HOA/CDD dues and flood insurance are included only when entered.
Mortgage Expert will review the payment, cash needed and whether paying points makes sense for your actual scenario.
More scenario detailsPrimary · 30-year
FHA and VA price a primary residence
Priced on a 30-day lock
Loan amount$562,500
Payment Assumptions
Left blank, each of these uses the pricing model's own Florida default. Supplying one changes the estimated payment and the estimated cash to close.
Optional — leave blank for the Florida default
Optional — leave blank for the Florida default
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 initial 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.
No contact information and no credit pull. Nothing is sent anywhere.
Results match these numbers
Pricing last checked 08/21/2026 · pricing source effective 08/21/2026.
Pricing checked August 21, 2026 · Illustrative Florida examples · Rates may change and may not be available at commitment or closing · Not a rate lock.
View example scenarios & assumptions
- Conventional
- $750,000 purchase · 25% down ($187,500) · $562,500 loan · 30-year fixed · 780–799 credit · Primary residence · Single-family · Florida · 30-day lock
- FHA
- $400,000 purchase · 3.50% down ($14,000) · $386,000 base loan · $392,755 total financed loan · 30-year fixed · 780–799 credit · Primary residence · Single-family · Florida · 30-day lock
- VA
- $500,000 purchase · 0% down ($0) · $500,000 base loan · $510,750 total financed loan · 30-year fixed · 780–799 credit · Primary residence · Single-family · Florida · 30-day lock
*Illustrative program examples use different purchase prices, down payments and financed loan amounts and are not an apples-to-apples comparison. Each assumes a 780–799 credit range, primary residence, 30-year fixed term, Florida property and 30-day lock. Select a card to view its complete scenario and repayment terms.
Pricing source effective 08/21/2026
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.
Imported pricing — not a live market feed. Other loan programs — Jumbo, DSCR and other programs are quoted individually rather than priced on this board.
Conventional rate options
$750,000 purchase · 25% down · $562,500 loan780–799 · Primary residence · 30-year · Pricing last checked 08/21/2026
Florida · 30-day lock · pricing source effective 08/21/2026
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.
| Closest to ParKeeps the rate cost near $0. | Lower RateLowest available rate using no more than 1.25 discount points. | |
|---|---|---|
| Note rate | 6.499% | 6.250% |
| APR | 6.550% | 6.399% |
| Rate cost | 0.058 pts$326 discount points | 1.085 pts$6,103 discount points |
| Initial payment | $4,555/moPrincipal & interest $3,555/mo30-year fixed · Approximately 360 monthly P&I payments of $3,555. | $4,463/moPrincipal & interest $3,463/mo30-year fixed · Approximately 360 monthly P&I payments of $3,463. |
| Cash needed | $200,290 | $206,029 |
| Next step |
Includes estimated property taxes, homeowners insurance and applicable mortgage insurance. Excludes HOA/CDD dues, flood insurance and other property-specific costs unless entered. Taxes, insurance and mortgage-insurance amounts may change.
What changes with the lower-rate option?
- ADDED UPFRONT COST
- +$5,739
- MONTHLY P&I DIFFERENCE
- −$92/mo
- ESTIMATED SIMPLE BREAK-EVEN
- 63 months
Difference in estimated cash at closing
Principal and interest only
Months for the lower payment to recover it
The lower-rate option adds approximately $5,739 in upfront rate cost and reduces estimated principal and interest by approximately $92 per month. At that pace, the estimated simple break-even is approximately 63 months.
Illustrative pricing last checked 08/21/2026. Not a rate lock, approval, Loan Estimate, or commitment to lend. Rates, terms, and costs may change.
Scenario assumptions & required disclosures
- Loan purpose
- Purchase
- Purchase price
- $750,000
- Down payment
- 25% · $187,500
- Base loan amount
- $562,500
- Total financed loan
- $562,500
- Payment calculated on
- Base loan amount
- Property taxes (annual)
- $7,500 · Florida planning default
- Homeowners insurance (annual)
- $4,500 · Florida planning default
- Term
- 30-year fixed
- Credit range
- 780–799
- Occupancy
- Primary residence
- Property type
- Single-family
- State
- Florida
- Lock period
- 30-day lock
- Pricing source effective
- 08/21/2026
- Pricing last checked
- 08/21/2026
No private mortgage insurance applies at this loan-to-value.
Closest to Par is the available rate whose pricing is closest to zero in either direction. Lower Rate is the lowest available rate whose borrower-paid discount points are at or below 1.250; when no rate qualifies, that option states so rather than repeating the first.
Estimated cash needed at closing includes the down payment, estimated closing costs, prepaids and escrow setup, and the discount points or lender credit for that option. It is an estimate for the scenario described and not a Loan Estimate.
No application or credit pull is required to start.
THE POINTS DECISION
See when the lower payment catches up.
Paying discount points lowers the rate and the monthly principal-and-interest payment, but it costs more at closing. The crossover below is the point at which the accumulated monthly difference has recovered that added upfront amount.
This follows the program and the scenario currently shown in the Rate Finder above.
63 months to estimated simple break-even.
Conventional · $750,000 purchase · 25% down · $562,500 loan
- ADDED UPFRONT COST
- $5,739
- MONTHLY P&I DIFFERENCE
- $92/mo
The lower-rate option adds approximately $5,739 in upfront rate cost and reduces estimated principal and interest by approximately $92 per month. At that pace, the estimated simple break-even is approximately 63 months.
Explore 1–10 years
The added upfront rate cost has not yet been recovered.
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.
The rate is the start. The whole loan is the decision.
Two loans at the same rate can cost very different amounts. What separates them is the APR, what the rate costs in points or returns as a credit, what the payment actually is once taxes and insurance are in it, how much cash it takes to close, and how long it takes to recover anything paid up front.
- Rate and APR
- The note rate sets the payment. APR is the broader cost of the borrowing.
- Monthly payment
- Principal and interest, plus taxes, insurance and any mortgage insurance.
- Cash needed
- Down payment, closing costs, prepaids and escrow — and the points, if any.
- Time to recover
- How long the lower payment takes to pay back what the points cost.
WHAT MOVES A QUOTE
What affects your Florida mortgage rate?
The scenarios on this page are defined examples. Your own pricing moves with the facts of your loan.
Credit scorePricing moves in bands, not per point.
Wholesale pricing applies an adjustment per credit band and loan-to-value combination. Moving up a band can change the adjustment; moving within one usually does not — which is why a 20-point improvement sometimes changes nothing and sometimes changes a lot.
Down payment and loan-to-valueLTV moves the adjustment and the mortgage insurance together.
Loan-to-value drives the pricing adjustment and whether monthly mortgage insurance applies at all. On a conventional loan it ends under the applicable rules once the threshold is met; on FHA it does not work the same way, and on VA there is none.
Program, term and lockConventional, FHA and VA price on separate sheets.
Each program has its own base pricing and its own adjustments, and FHA and VA finance an upfront premium or funding fee into the loan, which changes the amount the rate applies to. A 15-year term prices differently from a 30, and the lock period is part of the price — every scenario here is priced on a 30-day lock.
Loan amount, occupancy and propertySize and use are priced before anything about you.
Pricing is bucketed by loan amount, and an amount above the conforming limit prices on a different sheet entirely. Primary residences, second homes and investment properties are priced separately, as are condominiums, multi-unit and manufactured properties.
FLORIDA SPECIFICS
The rate is not the whole Florida payment.
Florida housing costs sit outside the rate, and they are the reason two identical rates can produce very different monthly payments. The estimated initial monthly payment on this page already includes taxes, insurance and mortgage insurance where they apply.
- Property taxes
- Assessed by county and reset after a sale. The figures here use a Florida planning default unless you supply your own, and homestead status changes what you will actually pay.
- Homeowners and wind coverage
- Florida premiums vary widely by county, roof age and construction, and wind is often a separate deductible or policy. This is the single largest reason a payment estimate moves once a real quote is in hand. A wind mitigation inspection can change it materially.
- Flood insurance
- Required by the lender when the property is in a Special Flood Hazard Area, and commonly carried voluntarily outside one. It is not included in the estimates on this page.
- Mortgage insurance
- Conventional PMI applies above 80% loan-to-value and ends under the applicable rules. FHA carries an upfront and a monthly premium. VA carries no monthly mortgage insurance. Where it applies, it is already inside the estimated initial monthly payment above.
- HOA, CDD, prepaids and escrow
- HOA and CDD obligations are common in Florida communities; underwriting counts them even though they are not part of the mortgage payment. The first year of homeowners insurance, prepaid interest and the initial escrow are part of cash to close, not of the monthly payment.
BRING WHAT YOU HAVE
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Send the whole page, not just the rate. Mortgage Expert will read it against current wholesale pricing and explain what is actually different.
- Rate and APR, on the same scenario
- Discount points and lender credits
- Origination and other lender charges
- Estimated monthly payment
- Estimated cash to close
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METHODOLOGY
How this pricing is produced.
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.
Pricing source effective 08/21/2026
- Closest to Par
- The available rate whose pricing is closest to zero — the smallest amount of discount points or lender credit in either direction. It is not claimed to be exactly par, because on most sheets no rate prices at exactly zero.
- Lower Rate
- The lowest available rate whose borrower-paid discount points are at or below 1.250. A rate above that cap is never shown here, and when no rate qualifies the option says so rather than repeating the first one.
- Everything else
- APR, estimated payment and estimated cash to close are produced for each option by the same functions, on the same scenario, so the two columns are always comparable to each other.
QUESTIONS
Florida mortgage rate questions
How often are these rates updated?
They are recalculated from the latest available imported wholesale pricing. The date that pricing was last confirmed available is shown at the top of this page. Pricing can move during the day, and it is not a real-time market feed.
What is the difference between rate and APR?
The interest rate is the percentage cost of borrowing the principal and is what your monthly principal and interest is calculated from. APR is a broader annualized measure that combines the interest rate with certain loan charges, including points and some fees. APR can help compare borrowing cost, but it is not your monthly payment and it does not include every amount due at closing.
What are discount points?
Discount points are an upfront charge paid in exchange for a lower interest rate. One point equals 1% of the loan amount. A lender credit is the same mechanism in reverse: a higher rate that returns money toward closing costs. Both are shown on this page in points and in dollars.
Why do mortgage rates change?
The underlying wholesale pricing moves with the bond market, which reacts to inflation data, Federal Reserve policy expectations and investor demand for mortgage-backed securities. Those conditions move pricing for everyone. Your credit profile, loan-to-value, program, term, occupancy and loan amount are what move your rate relative to it.
Do I need an application to see my rate?
No. Everything on this page — including the scenario you enter yourself — is calculated in your browser from the answers you select. No application is started, no contact information is required and no credit is pulled to see an estimate.
Are these rates guaranteed?
No. They are estimates for the scenario described, calculated from imported wholesale pricing. They are not an approval, not a commitment to lend and not a rate lock. Your final terms depend on a complete application, verified information and the pricing available when you lock.
What affects my Florida mortgage rate?
Credit profile, down payment or equity, loan program and term, occupancy and property type, loan amount, and whether the rate carries discount points or a lender credit. In Florida, property taxes, homeowners and wind insurance and any flood requirement change the payment and the cash to close, though not the rate itself.
How does a rate lock work?
A rate lock holds a specified rate and pricing for a stated period, as long as the loan closes within that period and the facts supporting the lock do not materially change. Every scenario on this page is priced on a 30-day lock. Other lock periods are available and price differently, and extending a lock may cost money. Your Loan Estimate shows whether the rate is locked and when the lock expires.
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Pricing last checked 08/21/2026 · Illustrative Florida estimate — not a commitment to lend or a rate lock.
Calculated from the latest available imported wholesale pricing for Florida. Not a real-time market feed, not an approval, not a commitment to lend and not a rate lock. Estimates assume a single-family primary residence in Florida on a 30-day lock unless the scenario states otherwise.