»
»
Papillion

Current Mortgage Rates in Papillion, Nebraska

Compare mortgage rates and fees for leading lenders in Papillion, NE. 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 Papillion.

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

%
Mortgage Rates in Papillion, NE as of July 5, 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 Papillion, NE Mortgage Rates Compare?

July 5, 2020

The current average rate for a 30 year fixed rate mortgage in Papillion 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
Papillion, NE 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 Papillion, Nebraska?

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

The median home value for Papillion, NE (Sarpy County) is $216,786

Based on current mortgage rates and a 10% down payment, you need to make $39,016 per year to buy the median priced home in Papillion

With this income, you could qualify for a $195,107 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 Papillion is $904

The median household income for Papillion, NE (Sarpy County) is $79,891

Based on this income, you can afford a home valued at approximately $443,904

The home price you can afford to buy based on household income in Papillion is 205% of the median home value which means housing prices are affordable. Papillion (Sarpy County) ranks 87 out of 93 counties in Nebraska and 1,481 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Papillion, NE is affordable

orange-simple-house
ruler

Loan Limits for Papillion, Nebraska

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Papillion (Sarpy County) below.

Conforming loan limits for Papillion, NE

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

FHA loan limits for Papillion, NE

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

VA loan limits for Papillion, NE

1 unit: $510,400

Additional Mortgage Resources for Papillion, NE Residents

Mortgage Rates for Nebraska Cities

Grand Island Mortgage Rates

Lincoln Mortgage Rates

Omaha Mortgage Rates

Papillion Mortgage Rates