Mortgage Rates in Estelle, Louisiana — March 2026
Updated March 2026 | Based on Estelle market data and regional lending conditions
Estelle is a growing city in Louisiana with a population of 17,550. The current 30-year fixed mortgage rate in Estelle is 6.8%, which is 0.15% above the national average. With a median home price of $170,000 and a 20% down payment of $34,000, homebuyers can expect a monthly principal and interest payment of approximately $887.
Current Mortgage Rates in Estelle, LA
Below are the current average mortgage rates available in the Estelle 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 | 6.8% | 6.65% | +0.15% |
| 15-Year Fixed | 6.03% | 5.89% | +0.14% |
| 5/1 ARM | 6.28% | 6.15% | +0.13% |
| FHA | 6.53% | 6.25% | +0.28% |
| VA | 6.28% | 6.05% | +0.23% |
| Jumbo | 7.05% | 6.85% | +0.2% |
Estelle Housing Market Overview
The Estelle housing market offers relatively affordable housing compared to many major cities. The median household income in Estelle is $45,100, and the cost of living index is 85.2 (national average = 100). Based on the 28% affordability rule, the median income in Estelle is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Estelle
Based on the median home price of $170,000 with 20% down ($34,000), here is what you can expect to pay monthly in Estelle:
15-Year vs. 30-Year Mortgage in Estelle
Choosing a 15-year mortgage in Estelle at 6.03% instead of a 30-year at 6.8% would save you $112,320 in total interest over the life of the loan. However, your monthly payment would be $1,150 instead of $887 — an increase of $263 per month.
Calculate Your Estelle 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 Estelle
What are the current mortgage rates in Estelle, LA?
As of March 2026, the average 30-year fixed mortgage rate in Estelle, Louisiana is 6.8%, while the 15-year fixed rate is 6.03%. FHA loans average 6.53% and VA loans 6.28%. These rates are 0.15% above the national average of 6.65%.
How much is a monthly mortgage payment in Estelle?
Based on the median home price of $170,000 with 20% down, the estimated monthly mortgage payment in Estelle is $887 for principal and interest. Including property taxes of $78/month, the total monthly housing cost is approximately $965.
What income do I need to buy a home in Estelle?
Using the 28% rule, you would need an annual income of approximately $41,357 to afford the median-priced home in Estelle at $170,000. The median household income in Estelle is $45,100. The median income is currently sufficient to meet this threshold.
Is Estelle a good place to buy a home in 2026?
Estelle offers a below-average cost of living with a cost of living index of 85.2 (national average = 100). The property tax rate in Louisiana is 0.55%, which is below the national average. Estelle has a population of 17,550 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 Estelle, Louisiana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.