30-year home loan charges just 3.25%

Calculator home on money

American Interbanc Mortgage is offering one of June's best deals on 30-year fixed-rate mortgages in nine states and the District of Columbia.

It's charging just 3.25% with no points, $1,199 in lender fees and a 30-day rate lock.

That's two-fifths of a percentage point less than the national average of 30-year loans for purchase — 3.65%, according to our latest survey of major lenders.

It's also more than a third of a percentage point less than the average of 30-year loans for refinance — 3.56%.

Despite predictions about interest rate increases in 2016, this week’s 30-year mortgage rates are some of the lowest we've seen this year. It's still a great time to take out a mortgage.

Where to find this deal

American Interbanc Mortgage offers loans in California, Colorado, Idaho, Maryland, New Jersey, Oregon, Pennsylvania, Tennessee, Texas and Washington, D.C.

Not available where you live? This deal still serves as a great blueprint to follow. Find a deal like this near you, and you'll know you've found a winner.

Get started by searching Bankrate's extensive database of the best mortgage rates from scores of local banks and mortgage brokers.

What you'll pay

The monthly principal and interest payment for this loan would be just $435 for every $100,000 borrowed, or $870 on a $200,000 loan.

You can use our mortgage calculator to determine the monthly payments for the amount you want to borrow with any home loan.

It will also provide a month-by-month amortization schedule that shows how much you've reduced your debt and how much you still owe if you want to pay off the loan.

How much house can you afford

This is the first thing you need to decide before you even begin to hunt for a new place to live. No one wants to be house-poor, saddled with mortgage payments that gobble up too much of their paycheck. Follow these 5 smart moves, and you'll find the price range that fits your budget.

About American Interbanc Mortgage

American Interbanc Mortgage is based in Irvine, California, and enjoys an A+ rating from the Better Business Bureau.

To qualify for this mortgage, you must:

What's the best deal you've found on a 30-year home loan? Tell us!