Mortgage Rates in Los Alamos, New Mexico — March 2026
Updated March 2026 | Based on Los Alamos market data and regional lending conditions
Los Alamos is a growing city in New Mexico with a population of 12,669. The current 30-year fixed mortgage rate in Los Alamos is 6.64%, which is 0.01% below the national average. With a median home price of $229,000 and a 20% down payment of $45,800, homebuyers can expect a monthly principal and interest payment of approximately $1,175.
Current Mortgage Rates in Los Alamos, NM
Below are the current average mortgage rates available in the Los Alamos 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 | 6.64% | 6.65% | -0.01% |
| 15-Year Fixed | 5.91% | 5.89% | +0.02% |
| 5/1 ARM | 6.19% | 6.15% | +0.04% |
| FHA | 6.45% | 6.25% | +0.2% |
| VA | 6.2% | 6.05% | +0.15% |
| Jumbo | 6.89% | 6.85% | +0.04% |
Los Alamos Housing Market Overview
The Los Alamos housing market offers relatively affordable housing compared to many major cities. The median household income in Los Alamos is $43,200, and the cost of living index is 89.8 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $57,129 to comfortably afford the median-priced home in Los Alamos, which exceeds the current median household income.
Monthly Payment Breakdown for Los Alamos
Based on the median home price of $229,000 with 20% down ($45,800), here is what you can expect to pay monthly in Los Alamos:
15-Year vs. 30-Year Mortgage in Los Alamos
Choosing a 15-year mortgage in Los Alamos at 5.91% instead of a 30-year at 6.64% would save you $146,340 in total interest over the life of the loan. However, your monthly payment would be $1,537 instead of $1,175 — an increase of $362 per month.
Calculate Your Los Alamos 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 Los Alamos
What are the current mortgage rates in Los Alamos, NM?
As of March 2026, the average 30-year fixed mortgage rate in Los Alamos, New Mexico is 6.64%, while the 15-year fixed rate is 5.91%. FHA loans average 6.45% and VA loans 6.2%. These rates are 0.01% below the national average of 6.65%.
How much is a monthly mortgage payment in Los Alamos?
Based on the median home price of $229,000 with 20% down, the estimated monthly mortgage payment in Los Alamos is $1,175 for principal and interest. Including property taxes of $158/month, the total monthly housing cost is approximately $1,333.
What income do I need to buy a home in Los Alamos?
Using the 28% rule, you would need an annual income of approximately $57,129 to afford the median-priced home in Los Alamos at $229,000. The median household income in Los Alamos is $43,200. This means most households would need to either earn above the median or consider homes below $229,000.
Is Los Alamos a good place to buy a home in 2026?
Los Alamos offers a below-average cost of living with a cost of living index of 89.8 (national average = 100). The property tax rate in New Mexico is 0.83%, which is near the national average. Los Alamos has a population of 12,669 and offers a very affordable lifestyle.
Mortgage Rates in Other New Mexico Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Los Alamos, New Mexico area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.