Compare mortgage rates and fees for leading lenders in Jeffersonville, IN. 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 Jeffersonville.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Jeffersonville. Plus, shopping lenders is free and there is no obligation.
August 22, 2019
The current average rate for a 30 year fixed rate mortgage in Jeffersonville 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%
The median home value for Jeffersonville, IN (Clark County) is $148,313
The median household income for Jeffersonville, IN (Clark County) is $54,449
Based on current mortgage rates and a 10% down payment, you need to make $27,517 per year to buy the median priced home in Jeffersonville
The home price you can afford to by based on household income in Jeffersonville is 198% of the median home value which means housing prices are average
Jeffersonville (Clark County) ranks 71 out of 92 counties in Indiana and 1,632 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Jeffersonville, IN is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Jeffersonville (Clark County) below.
Conforming loan limits for Jeffersonville, IN
FHA loan limits for Jeffersonville, IN
VA loan limits for Jeffersonville, IN
US Census Bureau American Community Survey: https://www.census.gov/programs-surveys/acs
FHFA House Price Index: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qat
Income Growth: https://www.bls.gov
National Average Rates: http://www.freddiemac.com/pmms/
Conforming Loan Limits: https://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx
FHA Loan Limits: https://entp.hud.gov/idapp/html/hicostlook.cfm
VA Loan Limits: https://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp
FREEandCLEAR Housing Affordability Index