Live Miami-Dade pricing · se habla español
Hialeah Mortgage Rates
Home loans for Hialeah’s families and first-time buyers, priced live across many wholesale lenders, with guidance in English or Spanish from application to closing.
Today’s Hialeah Mortgage Rates
$374 lender credit
0.125 points
No points, no credit
$672 lender credit
$1,577 lender credit
Par rate per program for a single-family primary residence in Miami-Dade County, 20% down, 780+ credit, 30-day lock, escrows included. Rates change through the day and are not a commitment to lend. Price your own Hialeah scenario, no credit pull.
Hialeah Mortgage Rates Today: Home Loans for a Close-Knit Community
On 11/9/2026, our lenders’ par rate on a 30-year fixed for a Miami-Dade home with 20% down and top credit is 6.625%. Most Hialeah buyers put less down and use FHA or a low down payment conventional loan, so the comparison further down shows what those actually cost today.
Hialeah is one of South Florida’s most tight-knit communities, with deep Cuban-American roots and a dense mix of single-family homes, small multifamily buildings and condos. Typical home values run in the mid-$400,000s, with single-family homes higher and condos considerably lower. Many households buy together across generations, and many buyers are purchasing for the first time.
On Mortgage serves Hialeah’s first-time and multigenerational buyers with bilingual guidance and competitive pricing shopped across many lenders. Se habla español, from the first call to the closing table.
FHA or conventional? Today’s numbers on a Hialeah home
For most first-time buyers in Hialeah, the real choice is between FHA with 3.5% down and a conventional loan with 5% down. The rates look similar, but the mortgage insurance works very differently. Here is today’s comparison at a typical Hialeah value, priced live by our lenders for a borrower with a 700 credit score:
| $450,000 purchase, 700 credit | Conventional, 5% down | FHA, 3.5% down |
|---|---|---|
| Down payment | $22,500 | $15,750 |
| Loan amount | $427,500 | $441,849 (includes 1.75% upfront MIP) |
| Today’s rate | 7.375% | 6.250% |
| Principal and interest | $2,953/mo | $2,721/mo |
| Mortgage insurance | $278/mo PMI | $199/mo MIP |
| Total before taxes and insurance | $3,231/mo | $2,920/mo |
| Mortgage insurance ends | When you reach 20% equity (cancellable) | Usually lasts the life of the loan with under 10% down |
Live pricing for a Miami-Dade primary residence; mortgage insurance estimated from current FHA premiums and private mortgage insurance rate tables. Taxes, homeowners insurance and HOA dues are additional.
As a rule of thumb, FHA tends to win at lower credit scores, where conventional mortgage insurance gets expensive, and conventional tends to win at higher scores, where its insurance is cheaper and can be removed later. We run both for your actual credit and down payment.
FHA & Multigenerational Financing in Hialeah
FHA financing is a natural fit in Hialeah: just 3.5% down, flexible credit, and rules that work well for households buying together across generations. On Mortgage can help families combine their strengths to qualify for more home, in a few different ways:
- Co-borrowers who live in the home. Parents, adult children and other relatives can apply together, and the lender counts each borrower’s income.
- Family co-signers who live elsewhere. FHA allows family members who will not live in the home to join the loan as non-occupant co-borrowers, which can help a first-time buyer qualify.
- Two- to four-unit properties. Buy a legal duplex, triplex or fourplex, live in one unit, and count projected rent from the others. FHA allows 3.5% down on these; three- and four-unit properties must also pass a rental income test.
- Legal accessory units. On some conventional programs, rent from a permitted accessory unit on a single-family lot can count toward qualifying, within limits.
We walk first-time buyers through every step in the language they are most comfortable with.
Condo & Townhome Buyers: What to Watch in Hialeah
Hialeah has a large share of condos and townhomes with active HOAs, and the post-Surfside reserve rules and Miami-Dade’s 40-year recertification requirements are reshaping costs in older buildings. Higher dues and special assessments affect both your monthly budget and whether a lender will finance the unit.
On Mortgage checks condo warrantability and reviews the association’s reserves and any pending special assessments before you commit, so your financing does not fall apart late. For FHA, the project must be on FHA’s approved list. Townhomes that are fee simple, rather than legal condominiums, avoid most of that review. Explore FHA loans in Hialeah or connect with a Hialeah mortgage broker.
Hialeah refinance rates today
$531 lender credit
No points, no credit
$374 lender credit
$672 lender credit
0.049 points
Rate-and-term refinance pricing for a Miami-Dade single-family primary residence with 20% equity and 780+ credit. FHA streamline and cash-out refinances price differently. Price your own Hialeah scenario, no credit pull.
Refinancing a Hialeah home
Hialeah values have risen a great deal over the last decade, and many owners now have equity they did not have when they bought. That opens a few common refinances:
- FHA to conventional. With 20% equity, moving from FHA to conventional can remove monthly mortgage insurance for good.
- FHA streamline. Existing FHA borrowers can often refinance to a lower FHA rate with reduced paperwork and no new appraisal.
- Cash-out. Take equity out to permit an addition properly, replace a roof or help a family member buy.
Our refinance calculator shows how long the savings take to cover the costs, and our refinance page covers each option.
30-year or 15-year at Hialeah’s citywide median?
| $485,000 home, 20% down ($388,000 loan) | 30-year fixed at 6.625% | 15-year fixed at 5.750% |
|---|---|---|
| Monthly principal and interest | $2,484 | $3,222 |
| Total interest over the full term | $506,386 | $191,958 |
| Each 0.25% in rate changes the payment by | about $64 a month on the 30-year | |
Today’s par rates with 20% down; principal and interest only.
What taxes and insurance add to a Hialeah payment
Your rate sets principal and interest, but Miami-Dade insurance and property taxes are a large part of a Hialeah payment. Homeowners premiums in the county are among the highest in Florida, and older homes with original roofs pay more. Here is the escrow on a homesteaded home at a typical Hialeah value. Condo owners pay a smaller HO-6 policy, with the building’s coverage included in HOA dues.
Sources: Florida county homeowners insurance premiums (worthinsurance.com) and county total millage (movewithmomentum.com), updated October 2026. Your own premium depends on the home’s age, roof, construction and wind mitigation features, and flood coverage is a separate policy. Property tax and homeowners insurance are estimates (1.2% and 0.85% of the home’s value per year). Your actual taxes and insurance premium depend on the property, exemptions and the policy you choose, and will be confirmed on your Loan Estimate. Run your own numbers.
Our Reviews
What Florida borrowers say after closing with On Mortgage. Five stars on Google (130 reviews) and Zillow (92 reviews).
“Caroline Da Silva from Miami Mortgage Brokers just got us approved for our first mortgage, and we would definitely work with her again after this experience! From the moment our broker connected us with Caroline, she was always several steps ahead throughout the process. We were impressed that Miami Mortgage Brokers had us clear to close a week early,...”
“Chris was outstanding throughout the entire transaction! Always accessible and was able to provide the best financing option when others could not! I would highly recommend him and hope to do more transactions with him.”
“I recently had the pleasure of working with Chris as my loan officer, and I cannot speak highly enough of his exceptional service. He guided me through every step with clarity and patience. What truly sets Chris apart is his remarkable efficiency: not only was he incredibly responsive to my inquiries, but he also expedited the loan process, resulting in the...”
Hialeah Mortgage Rates: Frequently Asked Questions
What are today's Hialeah mortgage rates?
Live Hialeah rates are shown at the top of this page and update throughout the day; today’s par 30-year fixed for a Miami-Dade home with 20% down and top credit is 6.625%. Your own rate depends on your loan amount, home value, credit score and loan type. We offer bilingual guidance, se habla español.
Can several family members buy a home together in Hialeah?
Yes. Family members who will live in the home can apply together, and FHA also allows relatives who will not live there to join as non-occupant co-borrowers. Rent from a legal second unit, or from other units in a two- to four-unit property, can help multigenerational households qualify for more home.
Is FHA a good option in Hialeah?
Often, yes. FHA needs just 3.5% down, accepts gift funds and has flexible credit guidelines, which fits many first-time and multigenerational buyers. At higher credit scores, a conventional loan with cancellable mortgage insurance may cost less over time, so we compare both using today’s rates.
What should condo and townhome buyers watch for in Hialeah?
Hialeah has many condos and townhomes with active HOAs. Post-Surfside reserve rules and Miami-Dade’s 40-year recertification can raise costs on older buildings, so we review the association’s reserves, recertification status and any special assessments before you commit, and confirm FHA approval if you plan to use FHA.
¿Ofrecen ayuda en español?
Sí. Nuestro equipo puede guiarle en español durante todo el proceso, desde la pre-aprobación hasta el cierre. Le explicamos las opciones de préstamo, los costos de cierre y cada documento, para que compre su casa con confianza.
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Compare FHA and conventional pricing for your family’s purchase, or check what a refinance would save, with no credit pull to look. Se habla español.