Compare Seattle, WA 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 Seattle.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Seattle. Plus, shopping lenders is free and there is no obligation.
October 12, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Seattle. Understand how much you need to earn to afford a home in Seattle, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Seattle 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 Seattle is right for you.
The median home value for Seattle, WA (King County) is $825,860
Based on current mortgage rates and a 10% down payment, you need to make $172,288 per year to buy the median priced home in Seattle
With this income, you could qualify for a $743,274 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 Seattle is $3,990
The median household income for Seattle, WA (King County) is $112,201
Based on this income, you can afford a home valued at approximately $537,833
The home price you can afford to buy based on household income in Seattle is 65% of the median home value which means housing prices are very expensive. Seattle (King County) ranks 37 out of 39 counties in Washington and 3,082 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Seattle, WA is very expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Seattle (King County) below.
Conforming loan limits for Seattle, WA
FHA loan limits for Seattle, WA