Mortgage Rates in Abbeville, Louisiana — March 2026
Updated March 2026 | Based on Abbeville market data and regional lending conditions
Abbeville is a growing city in Louisiana with a population of 12,432. The current 30-year fixed mortgage rate in Abbeville is 6.77%, which is 0.12% above the national average. With a median home price of $195,000 and a 20% down payment of $39,000, homebuyers can expect a monthly principal and interest payment of approximately $1,014.
Current Mortgage Rates in Abbeville, LA
Below are the current average mortgage rates available in the Abbeville 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 | 6.77% | 6.65% | +0.12% |
| 15-Year Fixed | 6.01% | 5.89% | +0.12% |
| 5/1 ARM | 6.26% | 6.15% | +0.11% |
| FHA | 6.51% | 6.25% | +0.26% |
| VA | 6.26% | 6.05% | +0.21% |
| Jumbo | 7.02% | 6.85% | +0.17% |
Abbeville Housing Market Overview
The Abbeville housing market offers relatively affordable housing compared to many major cities. The median household income in Abbeville is $52,200, and the cost of living index is 92.7 (national average = 100). Based on the 28% affordability rule, the median income in Abbeville is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Abbeville
Based on the median home price of $195,000 with 20% down ($39,000), here is what you can expect to pay monthly in Abbeville:
15-Year vs. 30-Year Mortgage in Abbeville
Choosing a 15-year mortgage in Abbeville at 6.01% instead of a 30-year at 6.77% would save you $127,980 in total interest over the life of the loan. However, your monthly payment would be $1,317 instead of $1,014 — an increase of $303 per month.
Calculate Your Abbeville Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Abbeville
What are the current mortgage rates in Abbeville, LA?
As of March 2026, the average 30-year fixed mortgage rate in Abbeville, Louisiana is 6.77%, while the 15-year fixed rate is 6.01%. FHA loans average 6.51% and VA loans 6.26%. These rates are 0.12% above the national average of 6.65%.
How much is a monthly mortgage payment in Abbeville?
Based on the median home price of $195,000 with 20% down, the estimated monthly mortgage payment in Abbeville is $1,014 for principal and interest. Including property taxes of $96/month, the total monthly housing cost is approximately $1,110.
What income do I need to buy a home in Abbeville?
Using the 28% rule, you would need an annual income of approximately $47,571 to afford the median-priced home in Abbeville at $195,000. The median household income in Abbeville is $52,200. The median income is currently sufficient to meet this threshold.
Is Abbeville a good place to buy a home in 2026?
Abbeville offers a below-average cost of living with a cost of living index of 92.7 (national average = 100). The property tax rate in Louisiana is 0.59%, which is below the national average. Abbeville has a population of 12,432 and offers a very affordable lifestyle.
Mortgage Rates in Other Louisiana Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Abbeville, Louisiana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.