Mortgage Rates in Logan, West Virginia — March 2026
Updated March 2026 | Based on Logan market data and regional lending conditions
Logan is a growing city in West Virginia with a population of 1,604. The current 30-year fixed mortgage rate in Logan is 6.81%, which is 0.16% above the national average. With a median home price of $102,000 and a 20% down payment of $20,400, homebuyers can expect a monthly principal and interest payment of approximately $533.
Current Mortgage Rates in Logan, WV
Below are the current average mortgage rates available in the Logan 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 | 6.81% | 6.65% | +0.16% |
| 15-Year Fixed | 6.04% | 5.89% | +0.15% |
| 5/1 ARM | 6.28% | 6.15% | +0.13% |
| FHA | 6.53% | 6.25% | +0.28% |
| VA | 6.28% | 6.05% | +0.23% |
| Jumbo | 7.06% | 6.85% | +0.21% |
Logan Housing Market Overview
The Logan housing market offers relatively affordable housing compared to many major cities. The median household income in Logan is $43,900, and the cost of living index is 69.7 (national average = 100). Based on the 28% affordability rule, the median income in Logan is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Logan
Based on the median home price of $102,000 with 20% down ($20,400), here is what you can expect to pay monthly in Logan:
15-Year vs. 30-Year Mortgage in Logan
Choosing a 15-year mortgage in Logan at 6.04% instead of a 30-year at 6.81% would save you $67,680 in total interest over the life of the loan. However, your monthly payment would be $690 instead of $533 — an increase of $157 per month.
Calculate Your Logan 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 Logan
What are the current mortgage rates in Logan, WV?
As of March 2026, the average 30-year fixed mortgage rate in Logan, West Virginia is 6.81%, while the 15-year fixed rate is 6.04%. FHA loans average 6.53% and VA loans 6.28%. These rates are 0.16% above the national average of 6.65%.
How much is a monthly mortgage payment in Logan?
Based on the median home price of $102,000 with 20% down, the estimated monthly mortgage payment in Logan is $533 for principal and interest. Including property taxes of $47/month, the total monthly housing cost is approximately $580.
What income do I need to buy a home in Logan?
Using the 28% rule, you would need an annual income of approximately $24,857 to afford the median-priced home in Logan at $102,000. The median household income in Logan is $43,900. The median income is currently sufficient to meet this threshold.
Is Logan a good place to buy a home in 2026?
Logan offers a below-average cost of living with a cost of living index of 69.7 (national average = 100). The property tax rate in West Virginia is 0.55%, which is below the national average. Logan has a population of 1,604 and offers a very affordable lifestyle.
Mortgage Rates in Other West Virginia Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Logan, West Virginia area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.