Understanding your monthly payment and out-of-pocket expenses starts with knowing how your interest rate and loan program will impact you!
Your interest rate affects not just your monthly payment but also how much you'll pay in interest over the life of your loan.
Shop around and compare lenders to find the best rate and terms. Explore different loan programs like FHA, VA, USDA, and conventional loans, each with unique benefits and requirements. Did you know USDA loans require no down payment but must be in rural areas? VA loans also offer zero down for veterans! Get the facts to save money and make smarter homebuying decisions.