Compare Carver, MN mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Carver.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Carver. Plus, shopping lenders is free and there is no obligation.
August 28, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Carver. Understand how much you need to earn to afford a home in Carver, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Carver fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Carver is right for you.
The median home value for Carver, MN is $428,019
Based on current mortgage rates and a 10% down payment, you need to make $89,292 per year to buy the median priced home in Carver
With this income, you could qualify for a $385,217 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Carver is $2,068
The median household income for Carver, MN is $104,193
Based on this income, you can afford a home valued at approximately $499,450
The home price you can afford to buy based on household income in Carver is 117% of the median home value which means housing prices are average. Carver ranks 81 out of 87 counties in Minnesota and 2,564 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Carver, MN is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Carver below.
Conforming loan limits for Carver, MN
FHA loan limits for Carver, MN