Compare Current LaSalle, Illinois Mortgage Rates

Compare LaSalle, IL 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 LaSalle.

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

LaSalle, IL Mortgage Rates as of July 15, 2024
  • 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.

Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Read through our lender table disclaimer for more information on rates and product details.

Get Free Personalized Mortgage Quotes

Compare Today's LaSalle, IL Mortgage Rates

July 15, 2024

Current mortgage rates in LaSalle, IL 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
LaSalle, IL Rates
30 Year Fixed Rate
15 Year Fixed Rate
5/1 Adjustable Rate Mortgage

How Affordable is Housing in LaSalle, Illinois?

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

The median home value for LaSalle, IL is $157,352

Based on current mortgage rates and a 10% down payment, you need to make $32,826 per year to buy the median priced home in LaSalle

With this income, you could qualify for a $141,617 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 LaSalle is $760

The median household income for LaSalle, IL is $65,617

Based on this income, you can afford a home valued at approximately $314,536

The home price you can afford to buy based on household income in LaSalle is 200% of the median home value which means housing prices are average. LaSalle ranks 72 out of 102 counties in Illinois and 795 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in LaSalle, IL is average


Loan Limits for LaSalle, Illinois

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

Conforming loan limits for LaSalle, IL

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

FHA loan limits for LaSalle, IL

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

VA loan limits for LaSalle, IL

1 unit: $726,200

Additional Mortgage Resources for LaSalle, IL Residents

Mortgage Rates for Illinois Cities

Bloomington Mortgage Rates

Champaign Mortgage Rates

Chicago Mortgage Rates

Decatur Mortgage Rates

DeKalb Mortgage Rates

Elgin Mortgage Rates

Joilet Mortgage Rates

Kankakee Mortgage Rates

LaSalle Mortgage Rates

Madison Mortgage Rates

McHenry Mortgage Rates

Moline Mortgage Rates

Naperville Mortgage Rates

Oswego Mortgage Rates

Pekin Mortgage Rates

Peoria Mortgage Rates

Rockford Mortgage Rates

Springfield Mortgage Rates

St. Clair Mortgage Rates

Waukegan Mortgage Rates