Mortgage Rates in Lake Geneva, Wisconsin — March 2026
Updated March 2026 | Based on Lake Geneva market data and regional lending conditions
Lake Geneva is a growing city in Wisconsin with a population of 8,091. The current 30-year fixed mortgage rate in Lake Geneva is 6.63%, which is 0.02% below the national average. With a median home price of $181,000 and a 20% down payment of $36,200, homebuyers can expect a monthly principal and interest payment of approximately $928.
Current Mortgage Rates in Lake Geneva, WI
Below are the current average mortgage rates available in the Lake Geneva 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 | 6.63% | 6.65% | -0.02% |
| 15-Year Fixed | 5.89% | 5.89% | 0% |
| 5/1 ARM | 6.18% | 6.15% | +0.03% |
| FHA | 6.44% | 6.25% | +0.19% |
| VA | 6.19% | 6.05% | +0.14% |
| Jumbo | 6.88% | 6.85% | +0.03% |
Lake Geneva Housing Market Overview
The Lake Geneva housing market offers relatively affordable housing compared to many major cities. The median household income in Lake Geneva is $63,000, and the cost of living index is 88.9 (national average = 100). Based on the 28% affordability rule, the median income in Lake Geneva is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Lake Geneva
Based on the median home price of $181,000 with 20% down ($36,200), here is what you can expect to pay monthly in Lake Geneva:
15-Year vs. 30-Year Mortgage in Lake Geneva
Choosing a 15-year mortgage in Lake Geneva at 5.89% instead of a 30-year at 6.63% would save you $115,740 in total interest over the life of the loan. However, your monthly payment would be $1,213 instead of $928 — an increase of $285 per month.
Calculate Your Lake Geneva 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 Lake Geneva
What are the current mortgage rates in Lake Geneva, WI?
As of March 2026, the average 30-year fixed mortgage rate in Lake Geneva, Wisconsin is 6.63%, while the 15-year fixed rate is 5.89%. FHA loans average 6.44% and VA loans 6.19%. These rates are 0.02% below the national average of 6.65%.
How much is a monthly mortgage payment in Lake Geneva?
Based on the median home price of $181,000 with 20% down, the estimated monthly mortgage payment in Lake Geneva is $928 for principal and interest. Including property taxes of $279/month, the total monthly housing cost is approximately $1,207.
What income do I need to buy a home in Lake Geneva?
Using the 28% rule, you would need an annual income of approximately $51,729 to afford the median-priced home in Lake Geneva at $181,000. The median household income in Lake Geneva is $63,000. The median income is currently sufficient to meet this threshold.
Is Lake Geneva a good place to buy a home in 2026?
Lake Geneva offers a below-average cost of living with a cost of living index of 88.9 (national average = 100). The property tax rate in Wisconsin is 1.85%, which is above the national average. Lake Geneva has a population of 8,091 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 Lake Geneva, Wisconsin area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.