Mortgage Rates in Crown Point, IndianaMarch 2026

Updated March 2026 | Based on Crown Point market data and regional lending conditions

30-Year Fixed
6.86%
15-Year Fixed
6.08%
Median Home Price
$179,000
Est. Monthly Payment
$1,067

Crown Point is a growing city in Indiana with a population of 33,143. The current 30-year fixed mortgage rate in Crown Point is 6.86%, which is 0.21% above the national average. With a median home price of $179,000 and a 20% down payment of $35,800, homebuyers can expect a monthly principal and interest payment of approximately $939.

Current Mortgage Rates in Crown Point, IN

Below are the current average mortgage rates available in the Crown Point area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.

Loan TypeRateNational AvgDifference
30-Year Fixed6.86%6.65%+0.21%
15-Year Fixed6.08%5.89%+0.19%
5/1 ARM6.32%6.15%+0.17%
FHA6.56%6.25%+0.31%
VA6.31%6.05%+0.26%
Jumbo7.11%6.85%+0.26%

Crown Point Housing Market Overview

The Crown Point housing market offers relatively affordable housing compared to many major cities. The median household income in Crown Point is $47,100, and the cost of living index is 81.2 (national average = 100). Based on the 28% affordability rule, the median income in Crown Point is sufficient to afford the median-priced home.

Population
33,143
Median Income
$47,100
Property Tax Rate
0.86%
Cost of Living
81.2
Down Payment (20%)
$35,800
Income Needed
$45,729

Monthly Payment Breakdown for Crown Point

Based on the median home price of $179,000 with 20% down ($35,800), here is what you can expect to pay monthly in Crown Point:

Principal & Interest (30-yr at 6.86%)$939
Property Tax$128
Estimated Insurance$45
Total Estimated Monthly$1,112

15-Year vs. 30-Year Mortgage in Crown Point

Choosing a 15-year mortgage in Crown Point at 6.08% instead of a 30-year at 6.86% would save you $119,340 in total interest over the life of the loan. However, your monthly payment would be $1,215 instead of $939 — an increase of $276 per month.

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Frequently Asked Questions About Mortgages in Crown Point

What are the current mortgage rates in Crown Point, IN?

As of March 2026, the average 30-year fixed mortgage rate in Crown Point, Indiana is 6.86%, while the 15-year fixed rate is 6.08%. FHA loans average 6.56% and VA loans 6.31%. These rates are 0.21% above the national average of 6.65%.

How much is a monthly mortgage payment in Crown Point?

Based on the median home price of $179,000 with 20% down, the estimated monthly mortgage payment in Crown Point is $939 for principal and interest. Including property taxes of $128/month, the total monthly housing cost is approximately $1,067.

What income do I need to buy a home in Crown Point?

Using the 28% rule, you would need an annual income of approximately $45,729 to afford the median-priced home in Crown Point at $179,000. The median household income in Crown Point is $47,100. The median income is currently sufficient to meet this threshold.

Is Crown Point a good place to buy a home in 2026?

Crown Point offers a below-average cost of living with a cost of living index of 81.2 (national average = 100). The property tax rate in Indiana is 0.86%, which is near the national average. Crown Point has a population of 33,143 and offers a very affordable lifestyle.

Mortgage Rates in Other Indiana Cities

Indianapolis, IN
6.75% | $225,000
Fort Wayne, IN
6.75% | $175,000
Evansville, IN
6.75% | $145,000
South Bend, IN
6.75% | $135,000
Carmel, IN
6.75% | $415,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Crown Point, Indiana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.