Buying a home in the United States: mortgage rates and costs
What a mortgage typically costs in the United States right now, how the central bank rate compares, and a worked monthly payment example you can adjust in our calculators.
Typical mortgage rate
6% – 7%
Conforming 30-year fixed, conventional loan, 20% down, well-qualified borrower.
As of 2025-11-28. Source
Example monthly payment in the United States
| Purchase price | $400,000 |
|---|---|
| Deposit (20%) | $80,000 |
| Loan amount | $320,000 |
| Interest rate | 6.5% · 30-year term |
| Estimated monthly payment | $2,023 |
Illustration only, using the midpoint of the typical rate range. It excludes taxes, insurance and fees. Adjust the figures in the mortgage calculator.