Mortgage Rates in Eau Claire, Wisconsin — March 2026
Updated March 2026 | Based on Eau Claire market data and regional lending conditions
Eau Claire is a growing city in Wisconsin with a population of 69,421. The current 30-year fixed mortgage rate in Eau Claire is 6.71%, which is 0.06% above the national average. With a median home price of $235,000 and a 20% down payment of $47,000, homebuyers can expect a monthly principal and interest payment of approximately $1,214.
Current Mortgage Rates in Eau Claire, WI
Below are the current average mortgage rates available in the Eau Claire 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 | 6.71% | 6.65% | +0.06% |
| 15-Year Fixed | 5.95% | 5.89% | +0.06% |
| 5/1 ARM | 6.21% | 6.15% | +0.06% |
| FHA | 6.31% | 6.25% | +0.06% |
| VA | 6.11% | 6.05% | +0.06% |
| Jumbo | 6.91% | 6.85% | +0.06% |
Eau Claire Housing Market Overview
The Eau Claire housing market offers relatively affordable housing compared to many major cities. The median household income in Eau Claire is $48,250, and the cost of living index is 89.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $66,814 to comfortably afford the median-priced home in Eau Claire, which exceeds the current median household income.
Monthly Payment Breakdown for Eau Claire
Based on the median home price of $235,000 with 20% down ($47,000), here is what you can expect to pay monthly in Eau Claire:
15-Year vs. 30-Year Mortgage in Eau Claire
Choosing a 15-year mortgage in Eau Claire at 5.95% instead of a 30-year at 6.71% would save you $152,460 in total interest over the life of the loan. However, your monthly payment would be $1,581 instead of $1,214 — an increase of $367 per month.
Calculate Your Eau Claire Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Eau Claire
What are the current mortgage rates in Eau Claire, WI?
As of March 2026, the average 30-year fixed mortgage rate in Eau Claire, Wisconsin is 6.71%, while the 15-year fixed rate is 5.95%. FHA loans average 6.31% and VA loans 6.11%. These rates are 0.06% above the national average of 6.65%.
How much is a monthly mortgage payment in Eau Claire?
Based on the median home price of $235,000 with 20% down, the estimated monthly mortgage payment in Eau Claire is $1,214 for principal and interest. Including property taxes of $345/month, the total monthly housing cost is approximately $1,559.
What income do I need to buy a home in Eau Claire?
Using the 28% rule, you would need an annual income of approximately $66,814 to afford the median-priced home in Eau Claire at $235,000. The median household income in Eau Claire is $48,250. This means most households would need to either earn above the median or consider homes below $235,000.
Is Eau Claire a good place to buy a home in 2026?
Eau Claire offers a below-average cost of living with a cost of living index of 89.5 (national average = 100). The property tax rate in Wisconsin is 1.76%, which is above the national average. Eau Claire has a population of 69,421 and offers a very affordable lifestyle.
Mortgage Rates in Other Wisconsin Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Eau Claire, Wisconsin area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.