Mortgage Rates in Denver, Colorado — March 2026
Updated March 2026 | Based on Denver market data and regional lending conditions
Denver is a major metropolitan area in Colorado with a population of 715,522. The current 30-year fixed mortgage rate in Denver is 6.62%, which is 0.03% below the national average. With a median home price of $555,000 and a 20% down payment of $111,000, homebuyers can expect a monthly principal and interest payment of approximately $2,842.
Current Mortgage Rates in Denver, CO
Below are the current average mortgage rates available in the Denver 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 | 6.62% | 6.65% | -0.03% |
| 15-Year Fixed | 5.86% | 5.89% | -0.03% |
| 5/1 ARM | 6.12% | 6.15% | -0.03% |
| FHA | 6.22% | 6.25% | -0.03% |
| VA | 6.02% | 6.05% | -0.03% |
| Jumbo | 6.82% | 6.85% | -0.03% |
Denver Housing Market Overview
The Denver housing market is competitive with prices well above the national median. The median household income in Denver is $72,661, and the cost of living index is 112.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $131,914 to comfortably afford the median-priced home in Denver, which exceeds the current median household income.
Monthly Payment Breakdown for Denver
Based on the median home price of $555,000 with 20% down ($111,000), here is what you can expect to pay monthly in Denver:
15-Year vs. 30-Year Mortgage in Denver
Choosing a 15-year mortgage in Denver at 5.86% instead of a 30-year at 6.62% would save you $354,780 in total interest over the life of the loan. However, your monthly payment would be $3,713 instead of $2,842 — an increase of $871 per month.
Calculate Your Denver 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 Denver
What are the current mortgage rates in Denver, CO?
As of March 2026, the average 30-year fixed mortgage rate in Denver, Colorado is 6.62%, while the 15-year fixed rate is 5.86%. FHA loans average 6.22% and VA loans 6.02%. These rates are 0.03% below the national average of 6.65%.
How much is a monthly mortgage payment in Denver?
Based on the median home price of $555,000 with 20% down, the estimated monthly mortgage payment in Denver is $2,842 for principal and interest. Including property taxes of $236/month, the total monthly housing cost is approximately $3,078.
What income do I need to buy a home in Denver?
Using the 28% rule, you would need an annual income of approximately $131,914 to afford the median-priced home in Denver at $555,000. The median household income in Denver is $72,661. This means most households would need to either earn above the median or consider homes below $555,000.
Is Denver a good place to buy a home in 2026?
Denver has a moderate cost of living with a cost of living index of 112.5 (national average = 100). The property tax rate in Colorado is 0.51%, which is below the national average. As a major city with 715,522 residents, Denver offers diverse employment opportunities and amenities.
Mortgage Rates in Other Colorado Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Denver, Colorado area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.