Mortgage Rates in Denham Springs, Louisiana — March 2026
Updated March 2026 | Based on Denham Springs market data and regional lending conditions
Denham Springs is a growing city in Louisiana with a population of 10,120. The current 30-year fixed mortgage rate in Denham Springs is 6.84%, which is 0.19% above the national average. With a median home price of $165,000 and a 20% down payment of $33,000, homebuyers can expect a monthly principal and interest payment of approximately $864.
Current Mortgage Rates in Denham Springs, LA
Below are the current average mortgage rates available in the Denham Springs 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 Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.84% | 6.65% | +0.19% |
| 15-Year Fixed | 6.06% | 5.89% | +0.17% |
| 5/1 ARM | 6.31% | 6.15% | +0.16% |
| FHA | 6.55% | 6.25% | +0.3% |
| VA | 6.3% | 6.05% | +0.25% |
| Jumbo | 7.09% | 6.85% | +0.24% |
Denham Springs Housing Market Overview
The Denham Springs housing market offers relatively affordable housing compared to many major cities. The median household income in Denham Springs is $46,200, and the cost of living index is 89.3 (national average = 100). Based on the 28% affordability rule, the median income in Denham Springs is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Denham Springs
Based on the median home price of $165,000 with 20% down ($33,000), here is what you can expect to pay monthly in Denham Springs:
15-Year vs. 30-Year Mortgage in Denham Springs
Choosing a 15-year mortgage in Denham Springs at 6.06% instead of a 30-year at 6.84% would save you $109,800 in total interest over the life of the loan. However, your monthly payment would be $1,118 instead of $864 — an increase of $254 per month.
Calculate Your Denham Springs Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Denham Springs
What are the current mortgage rates in Denham Springs, LA?
As of March 2026, the average 30-year fixed mortgage rate in Denham Springs, Louisiana is 6.84%, while the 15-year fixed rate is 6.06%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.19% above the national average of 6.65%.
How much is a monthly mortgage payment in Denham Springs?
Based on the median home price of $165,000 with 20% down, the estimated monthly mortgage payment in Denham Springs is $864 for principal and interest. Including property taxes of $80/month, the total monthly housing cost is approximately $944.
What income do I need to buy a home in Denham Springs?
Using the 28% rule, you would need an annual income of approximately $40,457 to afford the median-priced home in Denham Springs at $165,000. The median household income in Denham Springs is $46,200. The median income is currently sufficient to meet this threshold.
Is Denham Springs a good place to buy a home in 2026?
Denham Springs offers a below-average cost of living with a cost of living index of 89.3 (national average = 100). The property tax rate in Louisiana is 0.58%, which is below the national average. Denham Springs has a population of 10,120 and offers a very affordable lifestyle.
Mortgage Rates in Other Louisiana Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Denham Springs, Louisiana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.