Compare Apache, AZ 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 Apache.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Apache. Plus, shopping lenders is free and there is no obligation.
December 7, 2023
Below we provide helpful information on the real estate market, home prices and housing affordability in Apache. Understand how much you need to earn to afford a home in Apache, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Apache 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 Apache is right for you.
The median home value for Apache, AZ is $78,247
Based on current mortgage rates and a 10% down payment, you need to make $16,324 per year to buy the median priced home in Apache
With this income, you could qualify for a $70,422 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 Apache is $378
The median household income for Apache, AZ is $41,221
Based on this income, you can afford a home valued at approximately $197,593
The home price you can afford to buy based on household income in Apache is 253% of the median home value which means housing prices are affordable. Apache ranks 2 out of 15 counties in Arizona and 257 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Apache, AZ is affordable
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Apache below.
Conforming loan limits for Apache, AZ
FHA loan limits for Apache, AZ
VA loan limits for Apache, AZ