Mortgage Rates in Lafayette, Colorado — March 2026
Updated March 2026 | Based on Lafayette market data and regional lending conditions
Lafayette is a growing city in Colorado with a population of 30,217. The current 30-year fixed mortgage rate in Lafayette is 6.85%, which is 0.2% above the national average. With a median home price of $435,000 and a 20% down payment of $87,000, homebuyers can expect a monthly principal and interest payment of approximately $2,280.
Current Mortgage Rates in Lafayette, CO
Below are the current average mortgage rates available in the Lafayette 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 | 6.85% | 6.65% | +0.2% |
| 15-Year Fixed | 6.07% | 5.89% | +0.18% |
| 5/1 ARM | 6.31% | 6.15% | +0.16% |
| FHA | 6.55% | 6.25% | +0.3% |
| VA | 6.3% | 6.05% | +0.25% |
| Jumbo | 7.1% | 6.85% | +0.25% |
Lafayette Housing Market Overview
The Lafayette housing market reflects moderate demand with prices near the national average. The median household income in Lafayette is $76,300, and the cost of living index is 96.7 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $106,114 to comfortably afford the median-priced home in Lafayette, which exceeds the current median household income.
Monthly Payment Breakdown for Lafayette
Based on the median home price of $435,000 with 20% down ($87,000), here is what you can expect to pay monthly in Lafayette:
15-Year vs. 30-Year Mortgage in Lafayette
Choosing a 15-year mortgage in Lafayette at 6.07% instead of a 30-year at 6.85% would save you $289,800 in total interest over the life of the loan. However, your monthly payment would be $2,950 instead of $2,280 — an increase of $670 per month.
Calculate Your Lafayette 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 Lafayette
What are the current mortgage rates in Lafayette, CO?
As of March 2026, the average 30-year fixed mortgage rate in Lafayette, Colorado is 6.85%, while the 15-year fixed rate is 6.07%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.2% above the national average of 6.65%.
How much is a monthly mortgage payment in Lafayette?
Based on the median home price of $435,000 with 20% down, the estimated monthly mortgage payment in Lafayette is $2,280 for principal and interest. Including property taxes of $196/month, the total monthly housing cost is approximately $2,476.
What income do I need to buy a home in Lafayette?
Using the 28% rule, you would need an annual income of approximately $106,114 to afford the median-priced home in Lafayette at $435,000. The median household income in Lafayette is $76,300. This means most households would need to either earn above the median or consider homes below $435,000.
Is Lafayette a good place to buy a home in 2026?
Lafayette offers a below-average cost of living with a cost of living index of 96.7 (national average = 100). The property tax rate in Colorado is 0.54%, which is below the national average. Lafayette has a population of 30,217 and offers a balanced lifestyle.
Mortgage Rates in Other Colorado Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Lafayette, Colorado area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.