Mortgage Rates in La Grange, Kentucky — March 2026
Updated March 2026 | Based on La Grange market data and regional lending conditions
La Grange is a growing city in Kentucky with a population of 10,215. The current 30-year fixed mortgage rate in La Grange is 6.83%, which is 0.18% above the national average. With a median home price of $161,000 and a 20% down payment of $32,200, homebuyers can expect a monthly principal and interest payment of approximately $842.
Current Mortgage Rates in La Grange, KY
Below are the current average mortgage rates available in the La Grange 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 | 6.83% | 6.65% | +0.18% |
| 15-Year Fixed | 6.06% | 5.89% | +0.17% |
| 5/1 ARM | 6.3% | 6.15% | +0.15% |
| FHA | 6.54% | 6.25% | +0.29% |
| VA | 6.29% | 6.05% | +0.24% |
| Jumbo | 7.08% | 6.85% | +0.23% |
La Grange Housing Market Overview
The La Grange housing market offers relatively affordable housing compared to many major cities. The median household income in La Grange is $53,100, and the cost of living index is 79.1 (national average = 100). Based on the 28% affordability rule, the median income in La Grange is sufficient to afford the median-priced home.
Monthly Payment Breakdown for La Grange
Based on the median home price of $161,000 with 20% down ($32,200), here is what you can expect to pay monthly in La Grange:
15-Year vs. 30-Year Mortgage in La Grange
Choosing a 15-year mortgage in La Grange at 6.06% instead of a 30-year at 6.83% would save you $106,740 in total interest over the life of the loan. However, your monthly payment would be $1,091 instead of $842 — an increase of $249 per month.
Calculate Your La Grange 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 La Grange
What are the current mortgage rates in La Grange, KY?
As of March 2026, the average 30-year fixed mortgage rate in La Grange, Kentucky is 6.83%, while the 15-year fixed rate is 6.06%. FHA loans average 6.54% and VA loans 6.29%. These rates are 0.18% above the national average of 6.65%.
How much is a monthly mortgage payment in La Grange?
Based on the median home price of $161,000 with 20% down, the estimated monthly mortgage payment in La Grange is $842 for principal and interest. Including property taxes of $109/month, the total monthly housing cost is approximately $951.
What income do I need to buy a home in La Grange?
Using the 28% rule, you would need an annual income of approximately $40,757 to afford the median-priced home in La Grange at $161,000. The median household income in La Grange is $53,100. The median income is currently sufficient to meet this threshold.
Is La Grange a good place to buy a home in 2026?
La Grange offers a below-average cost of living with a cost of living index of 79.1 (national average = 100). The property tax rate in Kentucky is 0.81%, which is near the national average. La Grange has a population of 10,215 and offers a very affordable lifestyle.
Mortgage Rates in Other Kentucky Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the La Grange, Kentucky area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.