Compare mortgage rates and fees for leading lenders in Caldwell, ID. 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 Caldwell.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Caldwell. Plus, shopping lenders is free and there is no obligation.
July 2, 2020
The current average rate for a 30 year fixed rate mortgage in Caldwell 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 Caldwell. Understand how much you need to earn to afford a home in Caldwell, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Caldwell 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 Caldwell is right for you.
The median home value for Caldwell, ID (Canyon County) is $220,598
Based on current mortgage rates and a 10% down payment, you need to make $39,702 per year to buy the median priced home in Caldwell
With this income, you could qualify for a $198,538 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 Caldwell is $919
The median household income for Caldwell, ID (Canyon County) is $48,963
Based on this income, you can afford a home valued at approximately $272,055
The home price you can afford to buy based on household income in Caldwell is 123% of the median home value which means housing prices are average. Caldwell (Canyon County) ranks 28 out of 44 counties in Idaho and 2,831 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Caldwell, ID is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Caldwell (Canyon County) below.
Conforming loan limits for Caldwell, ID
FHA loan limits for Caldwell, ID
VA loan limits for Caldwell, ID