Compare mortgage rates and fees for leading lenders in Napa, CA. 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 Napa.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Napa. Plus, shopping lenders is free and there is no obligation.
August 5, 2020
The current average rate for a 30 year fixed rate mortgage in Napa 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 Napa. Understand how much you need to earn to afford a home in Napa, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Napa 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 Napa is right for you.
The median home value for Napa, CA is $701,859
Based on current mortgage rates and a 10% down payment, you need to make $126,316 per year to buy the median priced home in Napa
With this income, you could qualify for a $631,673 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 Napa is $2,925
The median household income for Napa, CA is $83,988
Based on this income, you can afford a home valued at approximately $466,670
The home price you can afford to buy based on household income in Napa is 66% of the median home value which means housing prices are very expensive. Napa ranks 43 out of 58 counties in California and 3,110 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Napa, CA is very expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Napa below.
Conforming loan limits for Napa, CA
FHA loan limits for Napa, CA
VA loan limits for Napa, CA