Trulia Buy Rent Mortgage Saved Homes Saved Searches Sign up or Log in Looking for a mortgage? Let Trulia be your guide. Take the first step and get pre-qualified. Get Pre-Qualified Try our helpful mortgage tools Overwhelmed by mortgages? Don’t sweat it. Here are some tools to help make it a little easier. Affordability Calculator Mortgage Calculator Refinance Calculator See More Discover your loan options Here’s a look at some common mortgage types to help you see which loan is right for you. Loan type Best for Current avg. APR Min. down payment* More details 30-Year Fixed Low monthly payments that won’t change 2.92% 3.0% 30-year fixed is the most common mortgage type 15-Year Fixed Paying loan off faster (vs 30-year loans) 2.29% 3.0% Payments are higher, but much less interest is paid over time vs 30-yr loans 7/1 ARM Those who might sell within 7 years 2.77% 3.0% After 7 years, interest rate & mo. payment can change annually 5/1 ARM Those who might sell within 5 years 2.74% 3.0% After 5 years, interest rate & mo. payment can change annually FHA 30-Year Fixed Those with lower credit scores 2.90% 3.5% Mortgage insurance is required (upfront fee & mo. insurance premium) VA 30-Year Fixed Qualifying veterans and active military 2.69% 0.0% PMI is not required for VA loans, but there may be a VA funding fee Jumbo 30-Year Fixed Those purchasing high-priced homes 0.00% Varies Jumbo loans are for loan amounts that exceed conventional loan limits * Actual minimum required down payment may vary depending on criteria established by the lender, investor or insurer of your loan. See rate disclosures Read popular mortgage topics Read the latest mortgage topics and be in-the-know before you buy your next home. How to build and improve your credit How much house can you really afford? How to get a loan with bad credit Tax benefits of home ownership 4 VA loan myths that hurt buyers and sellers Get rates for your unique scenario Mortgage rates are totally personal. Enter your details to find out what rates may be available for your scenario. Purchase Refinance Zip Code Purchase Price Down Payment Credit Score 760+ 760+ 740-759 720-739 700-719 680-699 660-679 640-659 620-639 600-619 560-599 300-559 Served in the U.S. Military See Rates Most-asked mortgage questions How much do you need to put down on a house? How do I choose a mortgage lender? How much mortgage can I afford? What is mortgage pre-qualification? How do I qualify to buy a home? Get help from a local lender Quickly find a local lender who can help you buy your next home. Simply tell us about you loan requirements and the home you want to buy. Get Started Real Estate Markets Alabama Real Estate Alaska Real Estate Arizona Real Estate Arkansas Real Estate More Rental Markets Alabama Rentals Alaska Rentals Arizona Rentals Arkansas Rentals More Explore Trulia Facebook Twitter Twitter Instagram Pinterest More For Professionals Popular Counties Rental Communities Real Estate Leads Trulia is a registered Trademark of Zillow, Inc. and MLS listings are provided by Zillow, Inc., a licensed real estate brokerage. See here for a list of our real estate licenses. Contact Zillow, Inc Brokerage Trulia CorporateAbout Zillow GroupFair Housing GuideCareersNewsroomInvestor RelationsAdvertising TermsPrivacyTerms of UseListings Quality PolicySubscription TermsHelpPrivacy PortalCookie Preference Do Not Sell My Personal Information Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know. Copyright © 2021 Trulia, LLC. All rights reserved. Equal Housing Opportunity. Have a Question? Visit our Help Center to find the answer.