Compare mortgage rates and fees for leading lenders in Fond du Lac, WI. 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 Fond du Lac.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Fond du Lac. Plus, shopping lenders is free and there is no obligation.
July 2, 2020
The current average rate for a 30 year fixed rate mortgage in Fond du Lac 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%
Below we provide helpful information on the real estate market, home prices and housing affordability in Fond du Lac. Understand how much you need to earn to afford a home in Fond du Lac, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Fond du Lac 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 Fond du Lac is right for you.
The median home value for Fond du Lac, WI is $175,264
Based on current mortgage rates and a 10% down payment, you need to make $31,543 per year to buy the median priced home in Fond du Lac
With this income, you could qualify for a $157,737 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 Fond du Lac is $730
The median household income for Fond du Lac, WI is $60,956
Based on this income, you can afford a home valued at approximately $338,694
The home price you can afford to buy based on household income in Fond du Lac is 193% of the median home value which means housing prices are average. Fond du Lac ranks 21 out of 72 counties in Wisconsin and 1,708 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Fond du Lac, WI is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Fond du Lac below.
Conforming loan limits for Fond du Lac, WI
FHA loan limits for Fond du Lac, WI
VA loan limits for Fond du Lac, WI