Mortgage Rates in Bossier City, Louisiana — March 2026
Updated March 2026 | Based on Bossier City market data and regional lending conditions
Bossier City is a growing city in Louisiana with a population of 68,159. The current 30-year fixed mortgage rate in Bossier City is 6.73%, which is 0.08% 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 $1,010.
Current Mortgage Rates in Bossier City, LA
Below are the current average mortgage rates available in the Bossier City 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 | 6.73% | 6.65% | +0.08% |
| 15-Year Fixed | 5.97% | 5.89% | +0.08% |
| 5/1 ARM | 6.23% | 6.15% | +0.08% |
| FHA | 6.33% | 6.25% | +0.08% |
| VA | 6.13% | 6.05% | +0.08% |
| Jumbo | 6.93% | 6.85% | +0.08% |
Bossier City Housing Market Overview
The Bossier City housing market offers relatively affordable housing compared to many major cities. The median household income in Bossier City is $48,250, and the cost of living index is 85.5 (national average = 100). Based on the 28% affordability rule, the median income in Bossier City is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Bossier City
Based on the median home price of $195,000 with 20% down ($39,000), here is what you can expect to pay monthly in Bossier City:
15-Year vs. 30-Year Mortgage in Bossier City
Choosing a 15-year mortgage in Bossier City at 5.97% instead of a 30-year at 6.73% would save you $127,080 in total interest over the life of the loan. However, your monthly payment would be $1,314 instead of $1,010 — an increase of $304 per month.
Calculate Your Bossier City 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 Bossier City
What are the current mortgage rates in Bossier City, LA?
As of March 2026, the average 30-year fixed mortgage rate in Bossier City, Louisiana is 6.73%, while the 15-year fixed rate is 5.97%. FHA loans average 6.33% and VA loans 6.13%. These rates are 0.08% above the national average of 6.65%.
How much is a monthly mortgage payment in Bossier City?
Based on the median home price of $195,000 with 20% down, the estimated monthly mortgage payment in Bossier City is $1,010 for principal and interest. Including property taxes of $89/month, the total monthly housing cost is approximately $1,099.
What income do I need to buy a home in Bossier City?
Using the 28% rule, you would need an annual income of approximately $47,100 to afford the median-priced home in Bossier City at $195,000. The median household income in Bossier City is $48,250. The median income is currently sufficient to meet this threshold.
Is Bossier City a good place to buy a home in 2026?
Bossier City offers a below-average cost of living with a cost of living index of 85.5 (national average = 100). The property tax rate in Louisiana is 0.55%, which is below the national average. Bossier City has a population of 68,159 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 Bossier City, Louisiana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.