Compare mortgage rates and fees for leading lenders in Coeur d'Alene, 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 Coeur d'Alene.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Coeur d'Alene. Plus, shopping lenders is free and there is no obligation.
August 6, 2020
The current average rate for a 30 year fixed rate mortgage in Coeur d'Alene 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 Coeur d'Alene. Understand how much you need to earn to afford a home in Coeur d'Alene, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Coeur d'Alene 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 Coeur d'Alene is right for you.
The median home value for Coeur d'Alene, ID (Kootenai County) is $344,800
Based on current mortgage rates and a 10% down payment, you need to make $62,055 per year to buy the median priced home in Coeur d'Alene
With this income, you could qualify for a $310,320 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 Coeur d'Alene is $1,437
The median household income for Coeur d'Alene, ID (Kootenai County) is $56,095
Based on this income, you can afford a home valued at approximately $311,686
The home price you can afford to buy based on household income in Coeur d'Alene is 90% of the median home value which means housing prices are expensive. Coeur d'Alene (Kootenai County) ranks 42 out of 44 counties in Idaho and 3,042 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Coeur d'Alene, ID is expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Coeur d'Alene (Kootenai County) below.
Conforming loan limits for Coeur d'Alene, ID
FHA loan limits for Coeur d'Alene, ID
VA loan limits for Coeur d'Alene, ID