Mortgage Rates in Basin, Wyoming — March 2026
Updated March 2026 | Based on Basin market data and regional lending conditions
Basin is a growing city in Wyoming with a population of 1,285. The current 30-year fixed mortgage rate in Basin is 6.64%, which is 0.01% below the national average. With a median home price of $200,000 and a 20% down payment of $40,000, homebuyers can expect a monthly principal and interest payment of approximately $1,026.
Current Mortgage Rates in Basin, WY
Below are the current average mortgage rates available in the Basin 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 | 5.9% | 5.89% | +0.01% |
| 5/1 ARM | 6.18% | 6.15% | +0.03% |
| FHA | 6.44% | 6.25% | +0.19% |
| VA | 6.19% | 6.05% | +0.14% |
| Jumbo | 6.89% | 6.85% | +0.04% |
Basin Housing Market Overview
The Basin housing market offers relatively affordable housing compared to many major cities. The median household income in Basin is $61,800, and the cost of living index is 92.2 (national average = 100). Based on the 28% affordability rule, the median income in Basin is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Basin
Based on the median home price of $200,000 with 20% down ($40,000), here is what you can expect to pay monthly in Basin:
15-Year vs. 30-Year Mortgage in Basin
Choosing a 15-year mortgage in Basin at 5.9% instead of a 30-year at 6.64% would save you $127,800 in total interest over the life of the loan. However, your monthly payment would be $1,342 instead of $1,026 — an increase of $316 per month.
Calculate Your Basin 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 Basin
What are the current mortgage rates in Basin, WY?
As of March 2026, the average 30-year fixed mortgage rate in Basin, Wyoming is 6.64%, while the 15-year fixed rate is 5.9%. FHA loans average 6.44% and VA loans 6.19%. These rates are 0.01% below the national average of 6.65%.
How much is a monthly mortgage payment in Basin?
Based on the median home price of $200,000 with 20% down, the estimated monthly mortgage payment in Basin is $1,026 for principal and interest. Including property taxes of $107/month, the total monthly housing cost is approximately $1,133.
What income do I need to buy a home in Basin?
Using the 28% rule, you would need an annual income of approximately $48,557 to afford the median-priced home in Basin at $200,000. The median household income in Basin is $61,800. The median income is currently sufficient to meet this threshold.
Is Basin a good place to buy a home in 2026?
Basin offers a below-average cost of living with a cost of living index of 92.2 (national average = 100). The property tax rate in Wyoming is 0.64%, which is below the national average. Basin has a population of 1,285 and offers a very affordable lifestyle.
Mortgage Rates in Other Wyoming Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Basin, Wyoming area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.