Compare Lander, WY 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 Lander.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Lander. Plus, shopping lenders is free and there is no obligation.
July 2, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Lander. Understand how much you need to earn to afford a home in Lander, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Lander 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 Lander is right for you.
The median home value for Lander, WY (Fremont County) is $237,840
Based on current mortgage rates and a 10% down payment, you need to make $38,969 per year to buy the median priced home in Lander
With this income, you could qualify for a $214,056 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 Lander is $902
The median household income for Lander, WY (Fremont County) is $60,416
Based on this income, you can afford a home valued at approximately $368,739
The home price you can afford to buy based on household income in Lander is 155% of the median home value which means housing prices are average. Lander (Fremont County) ranks 13 out of 23 counties in Wyoming and 2,520 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Lander, WY is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Lander (Fremont County) below.
Conforming loan limits for Lander, WY
FHA loan limits for Lander, WY
VA loan limits for Lander, WY