Mortgage Rates in Mountain Home, Idaho — March 2026
Updated March 2026 | Based on Mountain Home market data and regional lending conditions
Mountain Home is a growing city in Idaho with a population of 14,206. The current 30-year fixed mortgage rate in Mountain Home is 6.86%, which is 0.21% above the national average. With a median home price of $369,000 and a 20% down payment of $73,800, homebuyers can expect a monthly principal and interest payment of approximately $1,936.
Current Mortgage Rates in Mountain Home, ID
Below are the current average mortgage rates available in the Mountain Home 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 | 6.86% | 6.65% | +0.21% |
| 15-Year Fixed | 6.08% | 5.89% | +0.19% |
| 5/1 ARM | 6.32% | 6.15% | +0.17% |
| FHA | 6.56% | 6.25% | +0.31% |
| VA | 6.31% | 6.05% | +0.26% |
| Jumbo | 7.11% | 6.85% | +0.26% |
Mountain Home Housing Market Overview
The Mountain Home housing market reflects moderate demand with prices near the national average. The median household income in Mountain Home is $57,700, and the cost of living index is 91.4 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $90,729 to comfortably afford the median-priced home in Mountain Home, which exceeds the current median household income.
Monthly Payment Breakdown for Mountain Home
Based on the median home price of $369,000 with 20% down ($73,800), here is what you can expect to pay monthly in Mountain Home:
15-Year vs. 30-Year Mortgage in Mountain Home
Choosing a 15-year mortgage in Mountain Home at 6.08% instead of a 30-year at 6.86% would save you $246,240 in total interest over the life of the loan. However, your monthly payment would be $2,504 instead of $1,936 — an increase of $568 per month.
Calculate Your Mountain Home 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 Mountain Home
What are the current mortgage rates in Mountain Home, ID?
As of March 2026, the average 30-year fixed mortgage rate in Mountain Home, Idaho 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 Mountain Home?
Based on the median home price of $369,000 with 20% down, the estimated monthly mortgage payment in Mountain Home is $1,936 for principal and interest. Including property taxes of $181/month, the total monthly housing cost is approximately $2,117.
What income do I need to buy a home in Mountain Home?
Using the 28% rule, you would need an annual income of approximately $90,729 to afford the median-priced home in Mountain Home at $369,000. The median household income in Mountain Home is $57,700. This means most households would need to either earn above the median or consider homes below $369,000.
Is Mountain Home a good place to buy a home in 2026?
Mountain Home offers a below-average cost of living with a cost of living index of 91.4 (national average = 100). The property tax rate in Idaho is 0.59%, which is below the national average. Mountain Home has a population of 14,206 and offers a very affordable lifestyle.
Mortgage Rates in Other Idaho Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Mountain Home, Idaho area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.