Mortgage Rates in Harahan, Louisiana — March 2026
Updated March 2026 | Based on Harahan market data and regional lending conditions
Harahan is a growing city in Louisiana with a population of 9,277. The current 30-year fixed mortgage rate in Harahan is 6.61%, which is 0.04% below the national average. With a median home price of $160,000 and a 20% down payment of $32,000, homebuyers can expect a monthly principal and interest payment of approximately $818.
Current Mortgage Rates in Harahan, LA
Below are the current average mortgage rates available in the Harahan 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 | 6.61% | 6.65% | -0.04% |
| 15-Year Fixed | 5.88% | 5.89% | -0.01% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.43% | 6.25% | +0.18% |
| VA | 6.18% | 6.05% | +0.13% |
| Jumbo | 6.86% | 6.85% | +0.01% |
Harahan Housing Market Overview
The Harahan housing market offers relatively affordable housing compared to many major cities. The median household income in Harahan is $42,100, and the cost of living index is 92.8 (national average = 100). Based on the 28% affordability rule, the median income in Harahan is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Harahan
Based on the median home price of $160,000 with 20% down ($32,000), here is what you can expect to pay monthly in Harahan:
15-Year vs. 30-Year Mortgage in Harahan
Choosing a 15-year mortgage in Harahan at 5.88% instead of a 30-year at 6.61% would save you $101,520 in total interest over the life of the loan. However, your monthly payment would be $1,072 instead of $818 — an increase of $254 per month.
Calculate Your Harahan 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 Harahan
What are the current mortgage rates in Harahan, LA?
As of March 2026, the average 30-year fixed mortgage rate in Harahan, Louisiana is 6.61%, while the 15-year fixed rate is 5.88%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.04% below the national average of 6.65%.
How much is a monthly mortgage payment in Harahan?
Based on the median home price of $160,000 with 20% down, the estimated monthly mortgage payment in Harahan is $818 for principal and interest. Including property taxes of $76/month, the total monthly housing cost is approximately $894.
What income do I need to buy a home in Harahan?
Using the 28% rule, you would need an annual income of approximately $38,314 to afford the median-priced home in Harahan at $160,000. The median household income in Harahan is $42,100. The median income is currently sufficient to meet this threshold.
Is Harahan a good place to buy a home in 2026?
Harahan offers a below-average cost of living with a cost of living index of 92.8 (national average = 100). The property tax rate in Louisiana is 0.57%, which is below the national average. Harahan has a population of 9,277 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 Harahan, Louisiana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.