Homebuyer guide

Compare home purchase loans before you make an offer

The best mortgage fit depends on your budget, down payment, credit, property, and plans. Comparing loan structures early can help you understand both your buying range and the full monthly cost.

Compare my loan options

Start with the complete monthly cost

Principal and interest are only part of homeownership. Include property taxes, homeowners insurance, mortgage insurance when applicable, association dues, and a realistic maintenance budget.

Common purchase loan options

Conventional loans with flexible term and down payment choices
FHA-insured loans with program-specific eligibility and mortgage insurance
VA-backed loans for eligible borrowers
Fixed-rate loans with a consistent principal-and-interest payment
Adjustable-rate mortgages with an initial fixed period
Jumbo loans for amounts above applicable conforming limits

Compare more than the rate

Annual percentage rate and interest rate
Total cash needed for down payment and closing
Mortgage insurance and how long it may remain
Points, lender credits, and origination charges
Rate-lock terms and closing readiness
Preapproval amount versus a comfortable personal budget

Keep your comparison current

Use the same purchase price, down payment, loan term, and estimated closing date when comparing. A prequalification is an estimate; final approval depends on documented finances, appraisal, title, and underwriting.

See which loan options fit your goals

Answer a few questions about your property and financing goals. There is no cost or obligation to compare.

Start my comparison