Current Interest Rates
SONYMA wants to make your homebuying experience as hassle free as possible, with programs offering low interest loans and down payment assistance for qualified buyers. Learn more about SONYMA’s Low Interest Rate and Achieving the Dream programs, or check our competitive rates below.
SONYMA’s Low Interest Rate Programs (30-Year Mortgage)
| Program Details | Without Down Payment Assistance | With Down Payment Assistance |
|---|---|---|
| Achieving the Dream Mortgage Program | ||
| Current Interest Rate (short-term lock-in rate) | 5.500% | 5.900% |
| Points | 0% | 0% |
| Annual Percentage Rate (APR) | 5.500% | 5.900% |
| Maximum Financing | 97% | 97% |
| Monthly payment per $1,000 borrowed | $5.68 | $5.93 |
| Homes for Veterans Program | ||
| Current Interest Rate (short-term lock-in rate) | 5.500% | 5.500% |
| Points | 0% | 0% |
| Annual Percentage Rate (APR) | 5.500% | 5.500% |
| Maximum Financing | 97% | 97% |
| Monthly payment per $1,000 borrowed | $5.68 | $5.68 |
| Low Interest Rate Program | ||
| Current Interest Rate | 5.800% | 6.200% |
| Points | 0% | 0% |
| Annual Percentage Rate (APR) | 5.800% | 6.200% |
| Maximum Financing | 97% | 97% |
| Monthly payment per $1,000 borrowed | $5.87 | $6.12 |
| ENERGY STAR® | ||
| Current Interest Rate | 5.500% | 5.500% |
| Points | 0% | 0% |
| Annual Percentage Rate (APR) | 5.500% | 5.500% |
| Maximum Financing | 97% | 97% |
| Monthly payment per $1,000 borrowed | $5.68 | $5.68 |
To learn more, call 1-800-382-4663 or connect with the SONYMA team online. You can also contact a participating lender.
To become a SONYMA participating lender, visit our Become a Lender page.
1. Rates are subject to change at any time.
2. APR calculation does not include Private Mortgage Insurance (PMI), if any.
3. Achieving the Dream offers both short- and long-term lock-ins.
4. ENERGY STAR® labeled home interest rates are 0.40% lower than our standard interest rates for loans with down payment assistance