Mortgage Rates in Jeffersonville, Indiana — March 2026
Updated March 2026 | Based on Jeffersonville market data and regional lending conditions
Jeffersonville is a growing city in Indiana with a population of 49,447. The current 30-year fixed mortgage rate in Jeffersonville is 6.75%, which is 0.1% above the national average. With a median home price of $174,000 and a 20% down payment of $34,800, homebuyers can expect a monthly principal and interest payment of approximately $903.
Current Mortgage Rates in Jeffersonville, IN
Below are the current average mortgage rates available in the Jeffersonville 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 | 6.75% | 6.65% | +0.1% |
| 15-Year Fixed | 5.99% | 5.89% | +0.1% |
| 5/1 ARM | 6.25% | 6.15% | +0.1% |
| FHA | 6.5% | 6.25% | +0.25% |
| VA | 6.25% | 6.05% | +0.2% |
| Jumbo | 7% | 6.85% | +0.15% |
Jeffersonville Housing Market Overview
The Jeffersonville housing market offers relatively affordable housing compared to many major cities. The median household income in Jeffersonville is $48,600, and the cost of living index is 88.4 (national average = 100). Based on the 28% affordability rule, the median income in Jeffersonville is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Jeffersonville
Based on the median home price of $174,000 with 20% down ($34,800), here is what you can expect to pay monthly in Jeffersonville:
15-Year vs. 30-Year Mortgage in Jeffersonville
Choosing a 15-year mortgage in Jeffersonville at 5.99% instead of a 30-year at 6.75% would save you $113,760 in total interest over the life of the loan. However, your monthly payment would be $1,174 instead of $903 — an increase of $271 per month.
Calculate Your Jeffersonville 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 Jeffersonville
What are the current mortgage rates in Jeffersonville, IN?
As of March 2026, the average 30-year fixed mortgage rate in Jeffersonville, Indiana is 6.75%, while the 15-year fixed rate is 5.99%. FHA loans average 6.5% and VA loans 6.25%. These rates are 0.1% above the national average of 6.65%.
How much is a monthly mortgage payment in Jeffersonville?
Based on the median home price of $174,000 with 20% down, the estimated monthly mortgage payment in Jeffersonville is $903 for principal and interest. Including property taxes of $123/month, the total monthly housing cost is approximately $1,026.
What income do I need to buy a home in Jeffersonville?
Using the 28% rule, you would need an annual income of approximately $43,971 to afford the median-priced home in Jeffersonville at $174,000. The median household income in Jeffersonville is $48,600. The median income is currently sufficient to meet this threshold.
Is Jeffersonville a good place to buy a home in 2026?
Jeffersonville offers a below-average cost of living with a cost of living index of 88.4 (national average = 100). The property tax rate in Indiana is 0.85%, which is near the national average. Jeffersonville has a population of 49,447 and offers a very affordable lifestyle.
Mortgage Rates in Other Indiana Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Jeffersonville, Indiana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.