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Your mortgage.Your next step.

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Shahram Sondi

Certified Mortgage Advisor™ · NMLS 186790
Helping people with mortgages since 2001

What brings you here?
See rates & paymentsInstant estimates. No contact info. What can I afford?Find a comfortable home budget. Why use a mortgage broker?See the value of local guidance.
reviewsWESH 2Watch the interview ↗Orlando Magazine2026 recognition ↗

A real person behind your mortgage

Good advice.
From the first click to closing.

Explore on your own. Talk when you’re ready.
Either way, you’ll know who’s helping you.

Shahram Sondi, founder of Mortgage Expert
MEET SHAHRAM SONDI

Straight answers.
Personal attention.

I’ll help you understand your options, the monthly payment, and the costs—then stay involved through closing.

More about Shahram ↗
reviews
“Super communicative and willing to answer all my questions.”— Jeremy Eaton · Google review
Read the reviews ↗

Individual experiences vary. Mortgage rates and outcomes depend on your circumstances.

Florida mortgage rates

Instant rate quote.

No personal info needed.

Enter your numbers. See your estimated rate instantly.

Loan type

$100,000

Primary home · 30-year fixedMore options +

FHA and VA price a primary residence. Rates use a 30-day lock. Edit taxes, insurance and HOA in the payment breakdown below.

Change your numbers. Rates update automatically.

Compare your two rate options

Conventional · 30-year fixed · 780–799 credit · $400,000 purchase · 25% down

Same scenario. Different upfront costs.

The lower-rate option is the lowest eligible rate within the 1-point limit for this scenario, when available. Choices may come from different lenders.

View fees & repayment terms for both options

Estimated pricing. Not a rate lock or commitment to lend.

Loan assumptions, pricing & disclosures
Loan purpose
Purchase
Purchase price
$400,000
Down payment
25% · $100,000
Base loan amount
$300,000
Total financed loan
$300,000
Payment calculated on
Base loan amount
Property taxes (annual)
$5,000 · planning default · 1.25% of purchase price
Homeowners insurance (annual)
$2,400 · planning default · $2,400/year
Term
30-year fixed
Credit range
780–799
Occupancy
Primary residence
Property type
Single-family
State
Florida
Lock period
30-day lock

Lower rate · Provident

Interest rate
7.000%
Annual percentage rate (APR)
7.178%
Discount points / lender credit
1 points · $3,000 upfront rate cost
Repayment terms
30-year fixed · Approximately 360 monthly principal-and-interest payments of $1,996. This principal & interest amount excludes property taxes, homeowners insurance, HOA/CDD dues, flood insurance and other property-specific costs; your actual total monthly payment will be higher.

Other closing costs apply.

Zero discount points · PennyMac

Interest rate
7.500%
Annual percentage rate (APR)
7.583%
Discount points / lender credit
0 discount points + $387 lender credit
Repayment terms
30-year fixed · Approximately 360 monthly principal-and-interest payments of $2,098. This principal & interest amount excludes property taxes, homeowners insurance, HOA/CDD dues, flood insurance and other property-specific costs; your actual total monthly payment will be higher.

Other closing costs apply.

The most common starting point for a borrower with an established credit profile. Mortgage insurance applies above 80% loan-to-value and ends under the applicable rules.

No private mortgage insurance applies at this loan-to-value.

The lower-rate option is the lowest actually priced rate costing more than zero and no more than 1.000 borrower-paid discount points; the points and dollar cost shown are that row's own, and one point is 1% of the loan amount. The zero-discount-point option uses an exact-zero row when one is priced, otherwise the lowest actually priced rate that carries an actual lender credit. Discount points are separate from lender fees and other closing costs, and zero discount points does not mean zero closing costs. A missing option is shown as unavailable rather than substituted.

Estimated cash needed includes the down payment, modeled closing costs, prepaids, escrow setup, and the discount points or lender credit for the option.

Illustrative Florida estimate. Not an offer, approval, commitment to lend, Loan Estimate or rate lock.

Every figure on this page is calculated by the same pricing engine used for a real scenario review — not typed in, not averaged from a survey, and not a live market feed.

The simple break-even compares additional upfront rate cost with estimated monthly principal-and-interest savings. It does not include taxes, insurance, mortgage insurance, HOA, inflation, tax effects, opportunity cost, prepayment, sale, refinancing, or future rate changes.

For your selected rate · Provident

Rate 7.000%APR 7.178%

1 points · $3,000 upfront rate cost

Estimated total monthly payment$2,613/mo
Estimated money needed at closing$112,575

Includes taxes and homeowners insurance.

30-year fixed · Approximately 360 monthly principal-and-interest payments of $1,996. This principal & interest amount excludes property taxes, homeowners insurance, HOA/CDD dues, flood insurance and other property-specific costs; your actual total monthly payment will be higher.

Already have a mortgage quote?

Give me a chance to beat your best offer.

Show me your quote. I’ll check the full cost and see if I can do better.

No obligation. Tell me you have a quote, and I’ll explain how to send it.

See payment breakdown, closing costs & rate tradeoffs

Lower rate · Up to 1 point · Provident 1 / 2

Estimated total monthly payment

$2,613/mo

Includes taxes and homeowners insurance.

Principal & interest

$1,996/mo
30-year fixed · Approximately 360 monthly principal-and-interest payments of $1,996. This principal & interest amount excludes property taxes, homeowners insurance, HOA/CDD dues, flood insurance and other property-specific costs; your actual total monthly payment will be higher.
What's inside your payment?
Principal & interest
$1,996
Property taxes
$417
Homeowners insurance
$200
HOA / CDD
Not included
Estimated total monthly payment
$2,613

Property taxes, homeowners insurance and mortgage insurance are estimates. Actual amounts depend on the property, coverage and final loan terms.

Rate7.000%
APR 7.178%

1 point · $3,000 upfront for this rate

Money needed at closing

$112,575Estimated total
Down payment
$100,000
Closing costsIncludes upfront rate cost
+ $7,750
Prepaids & escrows
+ $4,825
Where does the money go?

Budget for more than the down payment. Closing costs pay for the loan and closing services. Prepaids and escrows cover items such as interest, insurance and tax reserves.

+ Down payment
$100,000
+ Estimated closing costsIncludes $3,000 upfront for this rate (1 point).
$7,750
+ Prepaids & initial escrows
$4,825
Estimated money needed at closing
$112,575
See every cost and credit
Down payment
$100,000
Discount points
$3,000
Lender-controlled charges
$1,225
Settlement and third-party services
$1,525
Title estimates
$350
Recording and government charges
$1,650
Prepaid interest
$575
First-year homeowners insurance
$2,400
Initial escrow deposits
$1,850
Estimated money needed at closing
$112,575

Final cash needed depends on verified costs, deposits and eligible credits.

Using 2 planning estimates

Property tax: 1.25% of purchase price annually. Homeowners insurance: $2,400/year. HOA / CDD is included only when you enter it.

Explore the rate steps

Tap a stop or slide. Each stop is a priced choice.

Less money upfront Lower monthly payment

My current available options for this scenario: 3 priced choices.

30-year fixed · Approximately 360 monthly principal-and-interest payments of $1,996. This principal & interest amount excludes property taxes, homeowners insurance, HOA/CDD dues, flood insurance and other property-specific costs; your actual total monthly payment will be higher.

Estimated payment includes modeled property taxes and homeowners insurance; HOA/CDD and flood insurance are excluded unless entered.

The tradeoff

More now. Less each month.

Choosing 7.000% instead of 7.500% costs about $3,268 more at closing and saves about $102 in principal and interest per month.

Estimated break-even

33 months

That’s how long the lower payment takes to make back the extra money.

Sell or refinance sooner? You may not recover the extra cost.
Keep the loan longer? The lower payment has more time to pay you back.

Detailed figures for each choice

These are the pricing choices shown for this scenario. Tap a choice to use it above. Other rates may be available after I review the full loan.

See this choice above
See rate / APR details

Pay $3,000 upfront for this rate.
1 points · $3,000 upfront rate cost

The no-points choice is an actual zero discount-point row when one is priced, otherwise the lowest rate that comes with an actual lender credit. The featured lower-rate choice costs more than zero and no more than 1.000discount points when that priced choice is available.

The choices shown are distinct priced paths for this scenario, not every rate on a lender's pricing sheet. A lender credit reduces eligible closing costs in exchange for a higher rate.

How the break-even works

Extra cash at closing ÷ monthly principal & interest savings = months to recover the extra cash.

This uses the difference between the two cash-to-close estimates, including any change in prepaid interest.

This compares principal and interest only. It does not include property taxes, homeowners insurance, mortgage insurance, inflation, prepayment, refinancing, future rate changes, or opportunity cost on the money used for points. It is a planning aid, not a guarantee. The displayed differences round the exact unrounded deltas to the nearest dollar; break-even uses the unrounded values.

See how the mortgage math fits together

How your monthly payment gets built

Principal & interest
$1,996
+ Property taxes
$417
+ Homeowners insurance
$200
= Estimated total monthly payment
$2,613

How your closing money gets built

Down payment
$100,000
+ Estimated closing costs
$7,750
+ Prepaids & initial escrows
$4,825
= Estimated money needed at closing
$112,575

· May change or be unavailable at commitment or closing · Not a rate lock.

Explore your loan options

Different loans.
One that fits your life.

You don’t need to know your loan program to get started. These guides explain the options.

01

Conventional

Compare a familiar option for buying a first home, moving up, or refinancing.

Explore Conventional loans02

FHA

Understand how FHA compares with other options for your credit and down payment.

Explore FHA loans03

VA

Explore mortgage options for eligible veterans, service members, and surviving spouses.

Explore VA loans04

Jumbo

Buying a higher-priced home? Learn what changes with a larger mortgage.

Explore Jumbo loans05

USDA

Learn about financing for eligible homes and borrowers in qualifying areas.

Explore USDA loans06

Non-QM & bank statements

Explore alternative documentation options when your income needs a closer look.

Explore alternative documentation
More ways to buyDSCR investor loans ↗Second-home mortgages ↗Compare loan options ↗

Start with your situation

A little guidance for your next move.

PUT THE NUMBERS TO WORK

Explore the payment before you commit.

Use the calculators or review current Florida mortgage rate options.

Go a little deeper

Answers when
you want them.

Plain-English explanations for the decisions that matter. Explore at your pace.

Browse all guides ↗
01How much do I need upfront?Understand down payments and cash needed to buy.↗02What’s included in closing costs?See where the money goes—and what can change.↗03How can I lower my mortgage payment?Understand escrow, PMI, recasting, and refinancing.↗

Straight advice

What I tell
every client.

Know what you’re comparing.
Understand what you’re signing.

Why use a mortgage broker? ↗
Don’t pick a lender by the logo.Compare the rate, monthly payment, fees, and money needed at closing.

Make sure quotes use the same loan type, term, lock period, down payment, and credit assumptions. Compare discount points and lender credits along with the rate.

A lower payment isn’t always a better deal.Look at upfront costs, what the payment includes, and how long you’ll keep the loan.

Taxes, insurance, and mortgage insurance can change the full payment. Weigh the cost of a new loan against the savings and the time it takes to break even.

The loan should fit you.Conventional, FHA, and VA can each make sense for different situations.

Your income, credit, debts, available cash, property, and plans help determine which options are worth comparing. FHA is not limited to first-time buyers.

If it doesn’t make sense, ask again.You should understand your mortgage before you sign anything.

Ask about the interest rate, APR, full payment, points or credits, cash needed at closing, and whether your rate is locked. Keep asking until the answers are clear.

Before you get started

A few quick answers.

Can I see estimates before I talk to someone?

Yes. The rates calculator lets you explore estimated rates and payments without entering your name, phone number, or email. Estimates are not a loan approval or rate lock.

What if I don’t know where to start?

Start with “What can I afford?” if you’re exploring your budget, or talk to Shahram about what you want to do. You don’t need to know which loan program to choose before asking a question.

Do you help borrowers outside Orlando?

Yes. Mortgage Expert serves borrowers throughout Florida.

Rather talk it through?

Ask Shahram. Get a straight answer.

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