Twin Falls

Compare Current Twin Falls, Idaho Mortgage Rates

Compare Twin Falls, 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 Twin Falls.

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

Twin Falls, ID Mortgage Rates as of September 30, 2023
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees & Points
  • Contact

Get Personalized Mortgage Quotes

Input your information to receive personalized mortgage quotes from preferred lenders. Comparing proposals from multiple lenders is the best way to save money on your mortgage.

Data provided by Icanbuy. Payments do not include amounts for taxes and insurance premiums. Read through our lender table disclaimer for more information on rates and product details.

Get Free Personalized Mortgage Quotes

Compare Today's Twin Falls, ID Mortgage Rates

September 30, 2023

Current mortgage rates in Twin Falls, ID 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
Twin Falls, ID Rates
30 Year Fixed Rate
15 Year Fixed Rate
5/1 Adjustable Rate Mortgage

How Affordable is Housing in Twin Falls, Idaho?

Below we provide helpful information on the real estate market, home prices and housing affordability in Twin Falls. Understand how much you need to earn to afford a home in Twin Falls, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Twin Falls 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 Twin Falls is right for you.

The median home value for Twin Falls, ID is $355,317

Based on current mortgage rates and a 10% down payment, you need to make $74,125 per year to buy the median priced home in Twin Falls

With this income, you could qualify for a $319,785 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 Twin Falls is $1,717

The median household income for Twin Falls, ID is $53,652

Based on this income, you can afford a home valued at approximately $257,181

The home price you can afford to buy based on household income in Twin Falls is 72% of the median home value which means housing prices are very expensive. Twin Falls ranks 42 out of 44 counties in Idaho and 3,062 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Twin Falls, ID is very expensive


Loan Limits for Twin Falls, Idaho

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Twin Falls below.

Conforming loan limits for Twin Falls, ID

1 unit: $726,200
2 units: $929,850
3 units: $1,123,900
4 units: $1,396,800

FHA loan limits for Twin Falls, ID

1 unit: $472,030
2 units: $604,400
3 units: $730,525
4 units: $907,900

VA loan limits for Twin Falls, ID

1 unit: $726,200

Additional Mortgage Resources for Twin Falls, ID 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