Mortgage Rates
Convertible mortgage rates: Flexibility with a fixed option
A convertible ARM lets you lock in a fixed rate during a set window. No closing costs, but the fixed rate is slightly higher. See how it works.
David Thompson
Mortgage Rates
Understand interest rates and how they affect your payment. Stay informed about rate trends and calculations.
22 articles
Mortgage Rates
Mortgage rate predictions: What to expect in housing market
Most economists predict 30-year rates between 6-7% through 2025. See forecasts from Fannie Mae, MBA and NAR plus what drives rate movements.
Michael Chen
Mortgage Rates
Assessing mortgage affordability calculators: Are they reliable?
Online calculators are 90-95% accurate for P&I but miss taxes, insurance and PMI. See where they fall short and how to get a true number.
Sarah Mitchell
Mortgage Rates
Calculating mortgage interest rates: Key factors explained
Your rate depends on credit score, LTV, loan type, term and market conditions. See exactly how each factor moves your rate up or down.
Jennifer Adams
Mortgage Rates
Daily mortgage interest charges: What to anticipate
Interest is charged daily on your outstanding balance. At 7% on $300K, that's $57.53/day or $1,750 in month one. See how amortization works.
Sarah Mitchell
Mortgage Rates
Interest portion of mortgage payment: What to know
Your lender's monthly statement shows the split. In year 1 of a $300K loan at 7%, about $1,750 of your $1,996 payment is pure interest.
Sarah Mitchell
Mortgage Rates
Monthly mortgage principal and interest calculation made easy
Break down your monthly payment into principal and interest using the amortization formula. Plug in rate, term and loan amount to get your number.
Jennifer Adams
Mortgage Rates
Principal and interest calculation: Mortgage formula explained
Use M = P[r(1+r)^n]/[(1+r)^n-1] to calculate P&I. For a $300K loan at 7% over 30 years, that's $1,996/month. See the step-by-step math.
Jennifer Adams
Mortgage Rates
Mortgage interest calculation: Formula breakdown
Monthly interest = outstanding balance × (annual rate ÷ 12). On $300K at 7%, month one interest is $1,750. See the full formula with examples.
Jennifer Adams
Mortgage Rates
Calculate Mortgage Principal and Interest - Understand Your
Each month, interest = balance × monthly rate. Principal = payment minus interest. See a month-by-month breakdown for a real $300K loan example.
Sarah Mitchell
Mortgage Rates
Find Total Interest Paid on a Mortgage - Save Money
Multiply your monthly payment by total months, then subtract the loan amount. On a $300K loan at 7%, you'll pay $419K in interest over 30 years.
Lisa Rodriguez
Mortgage Rates
Is 5.5 Percent Interest Rate Good for Mortgage? - Explore
At 5.5%, a $300K mortgage costs $1,703/month. That's below the 50-year average of 7.7%. See how today's rates compare and when 5.5% is a win.
Lisa Rodriguez
Mortgage Rates
Kansas Mortgage Rates - Stay Updated on Local Trends
Kansas mortgage rates track close to the national average. See current 30-year, 15-year and FHA rates for Wichita, Overland Park and Topeka.
David Thompson
Mortgage Rates
Mortgage One Funding Rate Team - Compare Your Rates
Mortgage One Funding's rate team handles pricing and lock requests. See their current rates, how they compare and customer reviews.
Michael Chen
Mortgage Rates
Mortgage Rate Lock Explained - Secure Your Savings
A mortgage rate lock guarantees your interest rate for 30-60 days. Learn when to lock, what happens if rates drop and how to protect yourself.
Sarah Mitchell
Mortgage Rates
Summit Mortgage Rates - Find Your Best Loan Option
Summit Mortgage offers conventional, FHA, VA and jumbo loans. See their current rates, customer feedback and how they stack up against competitors.
Lisa Rodriguez
Mortgage Rates
Tariffs and Mortgage Rates - Understand the Impact
Tariffs raise construction costs 4-8% and can push rates up through inflation. See the connection between trade policy and your mortgage payment.
Sarah Mitchell
Mortgage Rates
Tax Deductions for Mortgage Interest - Maximize Your Savings
You can deduct interest on up to $750K of mortgage debt ($375K if married filing separately). See who qualifies and how to claim it on Schedule A.
Lisa Rodriguez
Mortgage Rates
Lowest 30-Year Mortgage Rate in History - Discover Key Moments
The 30-year fixed hit 2.65% in January 2021. See a full historical timeline of rate highs and lows from 1971 to today.
Sarah Mitchell
Mortgage Rates
Most Accurate Mortgage Calculator - Make Informed Choices
Bankrate, NerdWallet and the CFPB offer the most accurate calculators. Key difference: whether they include taxes, insurance and PMI.
David Thompson
Mortgage Rates
What Percentage of Mortgage Is Interest? - Know Your Payments
On a 30-year loan at 7%, roughly 58% of your total payments go to interest. A 15-year term drops that to about 30%. See the full comparison.
David Thompson
Mortgage Rates
Portion of Mortgage Payment That Is Interest - Analyze Your
Early payments are 70-80% interest. By year 15, it flips to mostly principal. See an amortization breakdown for a $300K loan at 7%.
Jennifer Adams