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Idaho

Current Idaho Mortgage Rates

Compare Idaho 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 Idaho.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Idaho. Plus, shopping lenders is free and there is no obligation.

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Idaho Mortgage Rates as of January 22, 2022
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Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Read through our lender table disclaimer for more on rates and product details.
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How Do Today's Idaho Mortgage Rates Compare?

January 22, 2022

Current mortgage rates in Idaho are % for a 30 year fixed rate loan, % for a 15 year fixed loan and % for a 5/1 adjustable rate mortgage (ARM)

Mortgage Program
Today's
Idaho Rates
National
Average
Comparison
30 Year Fixed Rate
%
3.450%
15 Year Fixed Rate
%
2.620%
5/1 Adjustable Rate Mortgage
%
2.570%

How Affordable is Housing in Idaho?

Below we offer valuable insights on the housing market and real estate prices in Idaho. Understand how much you need to make to buy a house in Idaho, including the mortgage you need. Review the monthy loan payment so you can determine if home ownership in Idaho is affordable for you. We provide this helpful information to help you decide if living in Idaho is right for you.

The median home value for Idaho is $370,962

Based on current mortgage rates and a 10% down payment, the income required to buy the median priced home in Idaho is $60,781

With this income, you could qualify for a $333,865 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 Idaho is $1,408

The median household income for Idaho is $64,943

Based on this income, you can afford a home valued at approximately $396,364

The home price you can afford to buy based on household income in Idaho is 107% of the median home value which means housing prices are very expensive. Idaho ranks 43 out of 50 states for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the real estate market in Idaho is very expensive

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Additional Mortgage Resources for Idaho Residents

Mortgage Rates for Idaho Cities

Bingham Mortgage Rates

Boise Mortgage Rates

Bonner Mortgage Rates

Caldwell Mortgage Rates

Coeur d'Alene Mortgage Rates

Idaho Falls Mortgage Rates

Lewiston Mortgage Rates

Moscow Mortgage Rates

Pocatello Mortgage Rates

Twin Falls Mortgage Rates