Mortgage Rates in Mandeville, Louisiana — March 2026
Updated March 2026 | Based on Mandeville market data and regional lending conditions
Mandeville is a growing city in Louisiana with a population of 13,164. The current 30-year fixed mortgage rate in Mandeville is 6.63%, which is 0.02% below the national average. With a median home price of $167,000 and a 20% down payment of $33,400, homebuyers can expect a monthly principal and interest payment of approximately $856.
Current Mortgage Rates in Mandeville, LA
Below are the current average mortgage rates available in the Mandeville 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% |
Mandeville Housing Market Overview
The Mandeville housing market offers relatively affordable housing compared to many major cities. The median household income in Mandeville is $45,000, and the cost of living index is 89.2 (national average = 100). Based on the 28% affordability rule, the median income in Mandeville is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Mandeville
Based on the median home price of $167,000 with 20% down ($33,400), here is what you can expect to pay monthly in Mandeville:
15-Year vs. 30-Year Mortgage in Mandeville
Choosing a 15-year mortgage in Mandeville at 5.89% instead of a 30-year at 6.63% would save you $106,740 in total interest over the life of the loan. However, your monthly payment would be $1,119 instead of $856 — an increase of $263 per month.
Calculate Your Mandeville 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 Mandeville
What are the current mortgage rates in Mandeville, LA?
As of March 2026, the average 30-year fixed mortgage rate in Mandeville, Louisiana 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 Mandeville?
Based on the median home price of $167,000 with 20% down, the estimated monthly mortgage payment in Mandeville is $856 for principal and interest. Including property taxes of $71/month, the total monthly housing cost is approximately $927.
What income do I need to buy a home in Mandeville?
Using the 28% rule, you would need an annual income of approximately $39,729 to afford the median-priced home in Mandeville at $167,000. The median household income in Mandeville is $45,000. The median income is currently sufficient to meet this threshold.
Is Mandeville a good place to buy a home in 2026?
Mandeville offers a below-average cost of living with a cost of living index of 89.2 (national average = 100). The property tax rate in Louisiana is 0.51%, which is below the national average. Mandeville has a population of 13,164 and offers a very affordable lifestyle.
Mortgage Rates in Other Louisiana Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Mandeville, Louisiana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.