Home Loans — Mortgage Rates & Calculator 2026
30-yr, 15-yr and ARM weekly rates for 2026 — purchase & refinance with P&I calculator.
Home Loan Payment (P&I)
Principal + interest. Add taxes/insurance separately.
Weekly PMMS · hover for rate.
- 30-yr: lowest payment, most interest — flexible.
- 15-yr: ~50% less interest, faster equity, higher payment.
- 5/1 ARM: fixed 5 yr then yearly — bet on rates falling.
Buying vs refinancing in 2026
The 30-year fixed averaged 6.76% for the week of 2026-09-10, versus 6.09% for 15-year — a spread of ~0.67 pp. That spread is why the calculator matters: on $400k with 20% down, 30-yr at 6.76% vs 15-yr at 6.09% differs by ~$600/mo but ~$150k total interest. All rates are live from Freddie Mac PMMS via official mortgage data.
Down payment, PMI and points
20% down ($80k on $400k) avoids PMI. At 10% down, expect PMI 0.3–1.5% of loan annually — add ~$80–$400/mo. Discount points: 1 point (1% of loan = $3,200 on $320k) typically cuts rate ~0.25 pp; breakeven is total points ÷ monthly savings (≈ 5–7 years). Enter 10% down above to see loan $360k and how PMI would stack on top of P&I.
Refinance rule of thumb
- Divide closing costs ($4k–$8k) by monthly savings — that’s breakeven months. Only refinance if you’ll stay longer.
- Shortening term (30→15) saves interest even if payment rises — model both.
- ARM: attractive if you’ll sell/move in 5 years; risky if you’ll stay.
- Chart: 24-week 30-yr trend shows direction — rates fell from ~6.9% mid-2024 to 6.76% now.
Sources: Freddie Mac PMMS 30-year mortgage average/15US/5US via FRED (2026-09-17T07:30:12+00:00). Not financial advice. Disclaimer · All loans
Frequently asked questions
What data does this page show?
Freddie Mac PMMS 6.76% 30-yr vs 6.09% 15-yr weekly (FRED). Price, down %, term calculator, 24-week trend and 12-week table. Updated 2026.
How current are the figures?
All figures reflect 2026 and update automatically from official sources.
Where do the numbers come from?
All figures are compiled from official U.S. government public data and refreshed automatically. LifeIndexData is 100% free to use and fully independent: we are not affiliated with, sponsored by, or compensated by any bank, lender or financial institution, and advertising never influences our data or rankings.
How do I cite this page?
LifeIndexData. "Home Loans From 6.76% — 30-Yr 6.76% vs 15-Yr 6.09%, Mortgage Calculator (2026)" (2026). https://lifeindexdata.com/usa/tools/loans/home/
Is this financial advice?
No. All data is informational only — see our Disclaimer before making decisions.