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I'm buying a in county, FL for , putting % down. My credit score is , and I plan to use it as my .

I have a mortgage balance of at % interest on my in county, FL worth . My credit score is , and I use it as my .

30-Year Fixed Rate

5.500%
Rate
5.522%
APR
$4,600
Monthly Payment
$1,428
Closing Costs

Quote details

$150,000
Down Payment
$600,000
Loan Amount
80.0%
Loan-to-Value

Monthly payment breakdown

Principal & Interest $3,398
Property Tax $569
Home Insurance $219
PMI $0
Total Monthly Payment $4,186

*Property tax and insurance are estimates based on Florida averages. Actual amounts may vary by location and property.

This week's rates

Representative rates · 780+ credit · 20% down · Florida primary residence

30-Year Fixed
Conventional · Primary home
15-Year Fixed
Conventional · Primary home
DSCR Investment
No income docs · Rental properties
Bank Statement
Self-employed · 12-month avg
Jumbo 30-Year
Loan amounts above $806,500

Your actual rate depends on credit score, LTV, property type, and market conditions. These are not locked rates.

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FAQs

What's the difference between interest rate and APR?

The interest rate is the cost you pay each year to borrow money, expressed as a percentage. APR (Annual Percentage Rate) includes the interest rate plus other costs like origination fees, discount points, and other charges. APR gives you a more complete picture of the total cost of your loan, making it easier to compare different mortgage offers.

What factors affect my mortgage rate?

Several factors influence your mortgage rate: your credit score (higher scores typically get better rates), down payment amount (larger down payments can lower rates), loan type and term, property type and use, debt-to-income ratio, and current market conditions. Your specific rate quote will be personalized based on your unique financial profile.

Does checking rates affect my credit score?

Simply viewing current rates or using our calculator won't impact your credit score. However, when you formally apply for a mortgage and the lender pulls your credit report, this is a "hard inquiry" that may temporarily lower your score by a few points. The good news: multiple mortgage inquiries within a 45-day period typically count as just one inquiry, so you can rate shop without additional credit score impact.

What borrowers say

★★★★★ 4.9 on Google

Spent way too long assuming the rate my bank gave me was just the going rate. Called Bedrock Mortgage to get a second opinion before I committed. They came back lower on the exact same loan with no weird fees or surprises. Closed in about three weeks. Really wish I had called them first.

Michael C.

Had PMI from my original FHA and was waiting for the right time to refi into conventional. Called Bedrock Mortgage when the rates felt workable. Got rid of the PMI, dropped my rate, payment came down a few hundred a month. Closing costs paid themselves back pretty fast. Good move, just wish I'd done it a little earlier.

Jennifer M.