Mortgage Rate Calculator: Unlock Your Best Rate

LLPA’s (Loan-Level Price Adjustments) are extra fees that Fannie Mae and Freddie Mac add to most home loans based on how risky you look as a borrower.



Main triggers for higher LLPAs:
- Lower credit score
- Small down payment
- Cash-out refinance, second home, or investment property

Two borrowers with the exact same loan amount can get different rates purely because of LLPAs. That’s why one person might see 6.5% while another sees 7.0%—even from the same lender.