Compare Douglas, NV 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 Douglas.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Douglas. Plus, shopping lenders is free and there is no obligation.
January 22, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Douglas. Understand how much you need to earn to afford a home in Douglas, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Douglas 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 Douglas is right for you.
The median home value for Douglas, NV is $484,864
Based on current mortgage rates and a 10% down payment, you need to make $79,443 per year to buy the median priced home in Douglas
With this income, you could qualify for a $436,378 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 Douglas is $1,840
The median household income for Douglas, NV is $72,213
Based on this income, you can afford a home valued at approximately $440,737
The home price you can afford to buy based on household income in Douglas is 91% of the median home value which means housing prices are expensive. Douglas ranks 17 out of 17 counties in Nevada and 3,068 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Douglas, NV is expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Douglas below.
Conforming loan limits for Douglas, NV
FHA loan limits for Douglas, NV
VA loan limits for Douglas, NV