Compare Boise, ID 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 Boise.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Boise. Plus, shopping lenders is free and there is no obligation.
December 1, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Boise. Understand how much you need to earn to afford a home in Boise, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Boise 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 Boise is right for you.
The median home value for Boise, ID (Ada County) is
Based on current mortgage rates and a 10% down payment, you need to make per year to buy the median priced home in Boise
With this income, you could qualify for a 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 Boise is
The median household income for Boise, ID (Ada County) is
Based on this income, you can afford a home valued at approximately
The home price you can afford to buy based on household income in Boise is of the median home value which means housing prices are . Boise (Ada County) ranks out of counties in Idaho and out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Boise, ID is
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Boise (Ada County) below.
Conforming loan limits for Boise, ID
FHA loan limits for Boise, ID
VA loan limits for Boise, ID