Mortgage Rates in Bogalusa, Louisiana — March 2026
Updated March 2026 | Based on Bogalusa market data and regional lending conditions
Bogalusa is a growing city in Louisiana with a population of 10,535. The current 30-year fixed mortgage rate in Bogalusa is 6.85%, which is 0.2% above the national average. With a median home price of $159,000 and a 20% down payment of $31,800, homebuyers can expect a monthly principal and interest payment of approximately $833.
Current Mortgage Rates in Bogalusa, LA
Below are the current average mortgage rates available in the Bogalusa 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 | 6.85% | 6.65% | +0.2% |
| 15-Year Fixed | 6.07% | 5.89% | +0.18% |
| 5/1 ARM | 6.31% | 6.15% | +0.16% |
| FHA | 6.55% | 6.25% | +0.3% |
| VA | 6.3% | 6.05% | +0.25% |
| Jumbo | 7.1% | 6.85% | +0.25% |
Bogalusa Housing Market Overview
The Bogalusa housing market offers relatively affordable housing compared to many major cities. The median household income in Bogalusa is $52,600, and the cost of living index is 93.4 (national average = 100). Based on the 28% affordability rule, the median income in Bogalusa is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Bogalusa
Based on the median home price of $159,000 with 20% down ($31,800), here is what you can expect to pay monthly in Bogalusa:
15-Year vs. 30-Year Mortgage in Bogalusa
Choosing a 15-year mortgage in Bogalusa at 6.07% instead of a 30-year at 6.85% would save you $105,840 in total interest over the life of the loan. However, your monthly payment would be $1,078 instead of $833 — an increase of $245 per month.
Calculate Your Bogalusa 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 Bogalusa
What are the current mortgage rates in Bogalusa, LA?
As of March 2026, the average 30-year fixed mortgage rate in Bogalusa, Louisiana is 6.85%, while the 15-year fixed rate is 6.07%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.2% above the national average of 6.65%.
How much is a monthly mortgage payment in Bogalusa?
Based on the median home price of $159,000 with 20% down, the estimated monthly mortgage payment in Bogalusa is $833 for principal and interest. Including property taxes of $77/month, the total monthly housing cost is approximately $910.
What income do I need to buy a home in Bogalusa?
Using the 28% rule, you would need an annual income of approximately $39,000 to afford the median-priced home in Bogalusa at $159,000. The median household income in Bogalusa is $52,600. The median income is currently sufficient to meet this threshold.
Is Bogalusa a good place to buy a home in 2026?
Bogalusa offers a below-average cost of living with a cost of living index of 93.4 (national average = 100). The property tax rate in Louisiana is 0.58%, which is below the national average. Bogalusa has a population of 10,535 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 Bogalusa, Louisiana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.