»
»
Twin Falls

Current Mortgage Rates in Twin Falls, Idaho

Compare mortgage rates and fees for leading lenders in Twin Falls, 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 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.

%
Mortgage Rates in Twin Falls, ID as of July 12, 2020
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees
  • Contact
Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.
PERSONALIZED MORTGAGE QUOTE

$
LEADING LENDERS ● LOW RATES ● FREE ● NO SSN

How Do Today's Twin Falls, ID Mortgage Rates Compare?

July 12, 2020

The current average rate for a 30 year fixed rate mortgage in Twin Falls 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%

Mortgage Program
Today's
Twin Falls, ID Rates
National
Average
Comparison
30 Year Fixed Rate
A.AAA%
3.650%
15 Year Fixed Rate
B.BBB%
3.090%
5/1 Adjustable Rate Mortgage
C.CCC%
3.390%

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 $205,301

Based on current mortgage rates and a 10% down payment, you need to make $36,949 per year to buy the median priced home in Twin Falls

With this income, you could qualify for a $184,771 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 $856

The median household income for Twin Falls, ID is $51,802

Based on this income, you can afford a home valued at approximately $287,830

The home price you can afford to buy based on household income in Twin Falls is 140% of the median home value which means housing prices are average. Twin Falls ranks 22 out of 44 counties in Idaho and 2,662 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 average

orange-simple-house
ruler

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: $510,400
2 units: $653,550
3 units: $789,950
4 units: $981,700

FHA loan limits for Twin Falls, ID

1 unit: $331,760
2 units: $424,800
3 units: $513,450
4 units: $638,100

VA loan limits for Twin Falls, ID

1 unit: $510,400

Additional Mortgage Resources for Twin Falls, ID Residents

Mortgage Rates for Idaho Cities

Ada Mortgage Rates

Bingham 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