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Compare today's refinance rates

Compare Today’s FHA Refinance Rates | Monday, December 15, 2025

Rates are current as of December 15, 2025 3:48 PM EST

National average refinance rates:
30-Year Fixed

APR 7.38%

0.00% 1w
15-Year Fixed

APR 7.77%

0.00% 1w
5-Year ARM

APR 6.88%

0.00% 1w
Cash-out
19 ResultsShowing rates for: Refinance, Good (720-739), 30-year fixed, Single-family, Primary residence, cash-out, FHA loans
License information
19 Results for: Refinance, Good (720-739), 30-year fixed, Single-family, Primary residence, cash-out, FHA loans.
Next Door Lending LLC

NMLS#1880338

APR

5.91%

APR

5.91%

Interest rate

5.38%

Est. mo. payment

$2,140/mo

Total fees

$7,236

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Next Door Lending is a wholly-owned subsidiary of NerdWallet

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The Nerdy headline

Next Door Lending, a mortgage broker, offers expert assistance shopping for and closing a loan, as well as specialty loans at competitive rates. Mortgages are not available in every state.

What we like
  • Offers a variety of loan types, including first-time buyer programs and loans for self-employed borrowers.
  • Real-time rate quotes available while working with a broker.
  • Responsive customer service.
  • Competitive pricing often available, especially for non-traditional borrowers.
What we don't like
  • Does not publish interest rates online.
  • No mortgage mobile app.
  • Loans are not available in every state.
Northpointe

NMLS#447490

APR

6.00%

APR

6.00%

Interest rate

6.00%

Est. mo. payment

$2,099/mo

Total fees

-$78

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The Nerdy headline

Northpointe Bank offers rate-shopping convenience and plenty of loan options, including 100% financing.

Cash-out refinancing

NerdWallet rating

4.0

What we like
  • A full slate of loan offerings.
  • Offers a no-down-payment loan with a shorter repayment term that helps accelerate home equity accumulation.
  • Digital conveniences include a mobile app.
What we don't like
  • You’ll need to provide contact information or speak to a loan officer for customized mortgage rates.
  • Origination fees are on the high side, according to the latest data.
Central Bank

NMLS#407985

APR

6.02%

APR

6.02%

Interest rate

5.49%

Est. mo. payment

$2,165/mo

Total fees

$6,969

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The Nerdy headline

Midwest-rooted Central Bank offers an online application, which you can track via mobile app. But you’ll have to contact the bank for mortgage rates.

Home loans overall

NerdWallet rating

4.0

What we like
  • Among the best when it comes to online convenience.
  • Offers a full selection of mortgage types and products, including jumbo, home equity, and government loans.
  • Claims to offer preapproval within 24 hours of loan application.
What we don't like
  • You'll have to complete a loan application to see mortgage interest rates.
  • Bank branch locations limited to the Midwest.
  • Does not offer home equity lines of credit.
Next Door Lending LLC

NMLS#1880338

APR

6.02%

APR

6.02%

Interest rate

5.99%

Est. mo. payment

$2,097/mo

Total fees

$1,092

GET MY RATE

Next Door Lending is a wholly-owned subsidiary of NerdWallet

Hide details

The Nerdy headline

Next Door Lending, a mortgage broker, offers expert assistance shopping for and closing a loan, as well as specialty loans at competitive rates. Mortgages are not available in every state.

What we like
  • Offers a variety of loan types, including first-time buyer programs and loans for self-employed borrowers.
  • Real-time rate quotes available while working with a broker.
  • Responsive customer service.
  • Competitive pricing often available, especially for non-traditional borrowers.
What we don't like
  • Does not publish interest rates online.
  • No mortgage mobile app.
  • Loans are not available in every state.
Northpointe

NMLS#447490

APR

6.04%

APR

6.04%

Interest rate

5.50%

Est. mo. payment

$2,168/mo

Total fees

$7,481

GET MY RATE
Hide details

The Nerdy headline

Northpointe Bank offers rate-shopping convenience and plenty of loan options, including 100% financing.

NerdWallet rating

4.0

What we like
  • A full slate of loan offerings.
  • Offers a no-down-payment loan with a shorter repayment term that helps accelerate home equity accumulation.
  • Digital conveniences include a mobile app.
What we don't like
  • You’ll need to provide contact information or speak to a loan officer for customized mortgage rates.
  • Origination fees are on the high side, according to the latest data.
Better

NMLS#330511

APR

6.13%

APR

6.13%

Interest rate

5.63%

Est. mo. payment

$2,196/mo

Total fees

$6,141

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The Nerdy headline

Better provides a seamless and easy-to-navigate application process and generally offers lower mortgage rates than average. VA loans are available in some states.

NerdWallet rating

4.0

What we like
  • Offers a program allowing qualifying buyers to make cash offers.
  • Makes it easy to see customized mortgage rates.
  • Average interest rates are on the low end compared to other lenders, according to the latest federal data.
What we don't like
  • Doesn’t offer USDA loans.
  • VA loans are not available in every state.
  • Doesn't offer home equity loans.
Sage Home Loans

NMLS#3304

APR

6.14%

APR

6.14%

Interest rate

6.12%

Est. mo. payment

$2,126/mo

Total fees

$938

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The Nerdy headline

Sage Home Loans stands out for speed and convenience, though it lacks a mobile app and doesn’t serve New York borrowers.

Home loans overall

NerdWallet rating

4.5

What we like
  • Sample rates are easy to browse online.
  • Quick, convenient pre-qualification process.
  • Average time to close is just under 20 days, faster than industry standard.
What we don't like
  • Home loans aren’t available in New York.
  • No mobile app or online chat, despite focus on mortgage tech.
  • Online pre-qualification requires sharing contact info.
Simplist

NMLS#1764611

APR

6.20%

APR

6.20%

Interest rate

5.63%

Est. mo. payment

$2,196/mo

Total fees

$8,581

GET MY RATE
Hide details

The Nerdy headline

Simplist is an online marketplace of mortgage lenders; human guidance is optional. You’ll make payments to a loan servicer, not to Simplist. Loans are not available in every state.

Home loans overall

NerdWallet rating

4.5

What we like
  • Loan origination process can be completed online.
  • Offers government-backed FHA and VA loans.
  • Offers module that compares mortgage rates among other lenders.
What we don't like
  • Offers loans in many states and Washington, D.C., but not nationwide.
  • Does not offer home equity loans or lines of credit.

See more options

About these rates: The lenders whose rates appear on this table are NerdWallet's advertising partners. NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a lender's site. The terms advertised here are not offers and do not bind any lender. The rates shown here are retrieved via the Mortech rate engine and are subject to change. These rates do not include taxes, fees, and insurance. Your actual rate and loan terms will be determined by the partner's assessment of your creditworthiness and other factors. Any potential savings figures are estimates based on the information provided by you and our advertising partners.

👉 Did you buy a home in 2023? Refinancing might save you money — mortgage rates are down a percentage point compared to last year’s peak. See mortgage rates this week and try our refinance calculator to see how much you could save.

How to find today's FHA refinance rates

NerdWallet's mortgage rate tool can help you find competitive FHA refinance rates tailored to meet your needs. Just enter some information about the type of loan you're looking for and you'll get a customized rate quote in moments, without providing any personal information.

Your options: Common types of FHA refinance loans

The Federal Housing Administration offers several types of refinances for FHA loans. The best option for you will depend on the goal of your refinance.
  • Simple refinance. Like the name suggests, this refers to a basic rate-and-term refinance to a new FHA loan where you aren’t taking any cash out.
  • Streamline refinance. Streamline refinances make an FHA-to-FHA refinance easier by having fewer requirements. A credit-qualifying streamline refinance allows you to skip the FHA appraisal. A non-credit-qualifying streamline refinance has even fewer hoops to jump through, because the lender doesn't perform a credit check.
🤓

Nerdy Tip

If you have a strong credit score and your debt is in check, a credit-qualifying streamline may be more beneficial, since you could get a better interest rate.
  • Cash-out refinance: With an FHA cash-out refinance, you take out a new, larger loan than what you previously owed on the mortgage. The difference between what you owed and the new mortgage amount goes to you in cash. One exception is a cash-out refinance used to buy out a former co-borrower, as in a divorce. In those cases, the FHA treats the cash-out refi as a rate and term refinance.
  • 203(k) refinance: Similar to an FHA 203(k) loan, a 203(k) refinance allows you to roll the cost of repairs or upgrades to your home into your refi. The FHA has rules about what kinds of renovations can be financed with 203(k) funds and whether an FHA consultant has to sign off on the work. If that sounds like too much red tape for you, you may want to look into other options for paying for home renovations.
» MORE: FHA refinance basics

How to decide: Should I refinance my FHA loan?

There are several good reasons to refinance an FHA loan. Think about your financial goals and what you’d like to accomplish. Common reasons for refinancing an FHA loan include:
  • Canceling FHA mortgage insurance. Once you have 20% equity built up in your home, you could eliminate monthly FHA mortgage insurance payments by refinancing to a conventional loan.
  • Getting a lower interest rate. This reduces your monthly payment. 
  • Paying off your mortgage faster. A shorter term might make your monthly payments go up, but you’ll pay less in interest over the life of the loan.
  • Tapping into your home equity. A cash-out refinance lets you access some of your home value as cash. Financing home improvements is a common use of the funds. 
  • Adding or removing a borrower. For example, after a divorce, you’d need to refinance your mortgage to remove your ex-spouse from the loan.
🤓

Nerdy Tip

How low should you wait for mortgage rates to drop? One rule of thumb says to wait to refinance until rates are 1% lower than your existing mortgage rate. But these days, even a half percentage point can make a big difference. Use your judgment to make the call that’s best for your budget.

What are FHA refinance closing costs?

With an FHA refinance, you'll pay many of the standard refinance closing costs that you would with any loan type. For example, you'll pay the lender origination fee, an appraisal fee if required, recording fees and so on. These usually run between 2% and 6% of the amount you're refinancing.
When closing on an FHA refinance loan, you'll pay an Upfront Mortgage Insurance Premium (UFMIP) at closing, just as with an FHA purchase. UFMIP costs 1.75% of the total loan amount. If you refinanced to a $200,000 loan, you'd pay $3,500 in UFMIP. (If your original FHA mortgage is less than three years old, you may get a partial refund for the UFMIP on your new FHA loan when you refinance.)
» MORE: FHA closing costs and ways to save

Can you refinance to get rid of FHA mortgage insurance?

For most borrowers, the only way to eliminate FHA mortgage insurance is to refinance from an FHA loan into a conventional loan. If you have an FHA loan, you're going to pay FHA mortgage insurance premiums (MIP) for 11 years or for the life of the loan, depending on the size of your original down payment.
In order to go from FHA to conventional, you'll need to be able to meet the qualification standards for a conventional loan. That means having a credit score of at least 620 — though a higher score could get you a lower interest rate — and a debt-to-income ratio no greater than 45%. You'll also need to have at least 20% equity in your home if you want to avoid having to pay private mortgage insurance, which is required on conventional loans if the homeowner has insufficient equity.
» MORE: When should you refinance your mortgage?

Learn more about FHA loans:

This article has been updated to reflect the most recent fact-checking as of June 26, 2025.

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