CONVENTIONAL6.665% rate · 6.923% est. APRFHA6.050% rate · 7.142% est. APRVA6.165% rate · 6.727% est. APRUSDA5.950% rate · 6.756% est. APRDSCR8.240% rate · 8.524% est. APRBANK STATEMENT7.990% rate · 8.269% est. APRSOURCE DATA AS OF NOVEMBER 10, 2026 AT 7:37 AM CT

CONVENTIONAL6.665% rate · 6.923% est. APRFHA6.050% rate · 7.142% est. APRVA6.165% rate · 6.727% est. APRUSDA5.950% rate · 6.756% est. APRDSCR8.240% rate · 8.524% est. APRBANK STATEMENT7.990% rate · 8.269% est. APRSOURCE DATA AS OF NOVEMBER 10, 2026 AT 7:37 AM CT

Assumes an 800 credit score. Estimated APR uses 30-year fixed fully amortizing payments. FHA, VA and USDA assume a $350,000 base loan, $3,000 lender fees and 2.75% points; conventional, DSCR and bank statement assume a $400,000 base loan, $2,400 origination and 2% points. Points are based on the total note amount and lender charges are paid at closing; no credits or odd-days prepaid interest. Conventional, DSCR and bank statement assume 20% down and no MI; FHA assumes 3.5% down, financed 1.75% upfront MIP and estimated declining-balance annual MIP; VA assumes zero down, first use and financed 2.15% funding fee; USDA assumes zero down, financed 1% guarantee fee and 0.35% annual fee. DSCR and bank statement assume no prepayment penalty or additional fees. $700 appraisal is excluded from APR. These assumptions do not verify that the displayed rates are available at the assumed points. Actual rates and eligibility vary. Not a commitment to lend.Assumes an 800 credit score. Estimated APR uses 30-year fixed fully amortizing payments. FHA, VA and USDA assume a $350,000 base loan, $3,000 lender fees and 2.75% points; conventional, DSCR and bank statement assume a $400,000 base loan, $2,400 origination and 2% points. Points are based on the total note amount and lender charges are paid at closing; no credits or odd-days prepaid interest. Conventional, DSCR and bank statement assume 20% down and no MI; FHA assumes 3.5% down, financed 1.75% upfront MIP and estimated declining-balance annual MIP; VA assumes zero down, first use and financed 2.15% funding fee; USDA assumes zero down, financed 1% guarantee fee and 0.35% annual fee. DSCR and bank statement assume no prepayment penalty or additional fees. $700 appraisal is excluded from APR. These assumptions do not verify that the displayed rates are available at the assumed points. Actual rates and eligibility vary. Not a commitment to lend.

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APR

Annual percentage rate

Annual percentage rate. A yearly measure of borrowing cost including interest and certain loan fees.

In plain English

APR includes your interest rate plus certain fees, giving you a more complete picture of what the loan will cost each year.

Why it matters

Helps you compare loan offers and understand the true cost, not just the interest rate.

More about APR

A percentage that folds the interest rate together with certain loan charges so you can compare the cost of money, not just the note rate.

Two loans can advertise the same rate and still cost different amounts once points and fees are included. APR is a comparison tool. It is not your monthly payment.

Example: a lower rate with expensive points can produce a higher APR than a slightly higher rate with a lender credit.

What it means. APR means annual percentage rate. It combines the interest rate with certain finance charges so two offers can be compared on cost, not just on the note rate.

Why it matters. The lender has to disclose it. You should use it to see the cost of points and fees, then still look at the payment and the cash to close.

How it affects you. A loan with a pretty rate and heavy points can show a worse APR than a loan with a slightly higher rate and a credit.

Example: Offer A has a lower rate and two points. Offer B has a higher rate and a lender credit. The APR is one way to see that those are different deals.

What to watch. APR is not the payment. Do not choose a loan from APR alone, and do not ignore it either.

Educational content updated October 9, 2026 · Lending reviewer approval pending · Not a commitment to lend.