Question 1

How does purchase price affect my mortgage rate?

Accepted Answer

Larger loans can sometimes have different rate tiers—jumbo loans (above conforming limits) often have stricter requirements and different pricing than conforming loans. Your rate also depends on your credit score, down payment, and loan type. The rates above show what lenders offer for this purchase price; adjust the filters to see your personalized options.

Question 2

What's the difference between conforming and jumbo for my purchase price?

Accepted Answer

Conforming loans meet limits set by Fannie Mae and Freddie Mac and typically have competitive rates. Jumbo loans exceed those limits and may have different rates and stricter qualifying criteria. The threshold varies by county. Use the rates above to compare options for your purchase price and location.

Question 3

Should I use a different loan amount to compare rates?

Accepted Answer

Rates can vary by loan size. If your actual purchase price is close to a bucket above, check that page too—small differences sometimes affect pricing. Your real rate will depend on your full application; these tables help you compare lenders and see the range of offers.

Compare Mortgage Rates for a $400,000 Purchase Price - Feb 13, 2026

Frequently Asked Questions

How does purchase price affect my mortgage rate?

What's the difference between conforming and jumbo for my purchase price?

Should I use a different loan amount to compare rates?