Compare mortgage rates and fees for leading lenders in Matanuska Susitna, AK. 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 lender offering the best mortgage rates in Matanuska Susitna.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Matanuska Susitna. Plus, shopping lenders is free and there is no obligation.
April 5, 2020
The current average rate for a 30 year fixed rate mortgage in Matanuska Susitna is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%
Below we provide helpful information on the real estate market, home prices and housing affordability in Matanuska Susitna. Understand how much you need to earn to afford a home in Matanuska Susitna, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Matanuska Susitna 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 Matanuska Susitna is right for you.
The median home value for Matanuska Susitna, AK is $272,552
Based on current mortgage rates and a 10% down payment, you need to make $49,052 per year to buy the median priced home in Matanuska Susitna
With this income, you could qualify for a $245,297 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 Matanuska Susitna is $1,136
The median household income for Matanuska Susitna, AK is $78,979
Based on this income, you can afford a home valued at approximately $438,835
The home price you can afford to buy based on household income in Matanuska Susitna is 161% of the median home value which means housing prices are average. Matanuska Susitna ranks 19 out of 29 counties in Alaska and 2,337 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Matanuska Susitna, AK is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Matanuska Susitna below.
Conforming loan limits for Matanuska Susitna, AK
FHA loan limits for Matanuska Susitna, AK
VA loan limits for Matanuska Susitna, AK
Learn what price home you can afford to buy in Matanuska Susitna