Mortgage Rates in Stevens Point, Wisconsin — March 2026
Updated March 2026 | Based on Stevens Point market data and regional lending conditions
Stevens Point is a growing city in Wisconsin with a population of 26,717. The current 30-year fixed mortgage rate in Stevens Point is 6.56%, which is 0.09% below the national average. With a median home price of $185,000 and a 20% down payment of $37,000, homebuyers can expect a monthly principal and interest payment of approximately $941.
Current Mortgage Rates in Stevens Point, WI
Below are the current average mortgage rates available in the Stevens Point 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 | 6.56% | 6.65% | -0.09% |
| 15-Year Fixed | 5.8% | 5.89% | -0.09% |
| 5/1 ARM | 6.06% | 6.15% | -0.09% |
| FHA | 6.16% | 6.25% | -0.09% |
| VA | 5.96% | 6.05% | -0.09% |
| Jumbo | 6.76% | 6.85% | -0.09% |
Stevens Point Housing Market Overview
The Stevens Point housing market offers relatively affordable housing compared to many major cities. The median household income in Stevens Point is $42,000, and the cost of living index is 84 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $51,686 to comfortably afford the median-priced home in Stevens Point, which exceeds the current median household income.
Monthly Payment Breakdown for Stevens Point
Based on the median home price of $185,000 with 20% down ($37,000), here is what you can expect to pay monthly in Stevens Point:
15-Year vs. 30-Year Mortgage in Stevens Point
Choosing a 15-year mortgage in Stevens Point at 5.8% instead of a 30-year at 6.56% would save you $116,820 in total interest over the life of the loan. However, your monthly payment would be $1,233 instead of $941 — an increase of $292 per month.
Calculate Your Stevens Point 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 Stevens Point
What are the current mortgage rates in Stevens Point, WI?
As of March 2026, the average 30-year fixed mortgage rate in Stevens Point, Wisconsin is 6.56%, while the 15-year fixed rate is 5.8%. FHA loans average 6.16% and VA loans 5.96%. These rates are 0.09% below the national average of 6.65%.
How much is a monthly mortgage payment in Stevens Point?
Based on the median home price of $185,000 with 20% down, the estimated monthly mortgage payment in Stevens Point is $941 for principal and interest. Including property taxes of $265/month, the total monthly housing cost is approximately $1,206.
What income do I need to buy a home in Stevens Point?
Using the 28% rule, you would need an annual income of approximately $51,686 to afford the median-priced home in Stevens Point at $185,000. The median household income in Stevens Point is $42,000. This means most households would need to either earn above the median or consider homes below $185,000.
Is Stevens Point a good place to buy a home in 2026?
Stevens Point offers a below-average cost of living with a cost of living index of 84 (national average = 100). The property tax rate in Wisconsin is 1.72%, which is above the national average. Stevens Point has a population of 26,717 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 Stevens Point, Wisconsin area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.