Mortgage Rates in Thermopolis, Wyoming — March 2026
Updated March 2026 | Based on Thermopolis market data and regional lending conditions
Thermopolis is a growing city in Wyoming with a population of 2,934. The current 30-year fixed mortgage rate in Thermopolis is 6.87%, which is 0.22% above the national average. With a median home price of $231,000 and a 20% down payment of $46,200, homebuyers can expect a monthly principal and interest payment of approximately $1,213.
Current Mortgage Rates in Thermopolis, WY
Below are the current average mortgage rates available in the Thermopolis 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 | 6.87% | 6.65% | +0.22% |
| 15-Year Fixed | 6.09% | 5.89% | +0.2% |
| 5/1 ARM | 6.32% | 6.15% | +0.17% |
| FHA | 6.56% | 6.25% | +0.31% |
| VA | 6.31% | 6.05% | +0.26% |
| Jumbo | 7.12% | 6.85% | +0.27% |
Thermopolis Housing Market Overview
The Thermopolis housing market offers relatively affordable housing compared to many major cities. The median household income in Thermopolis is $57,400, and the cost of living index is 83.7 (national average = 100). Based on the 28% affordability rule, the median income in Thermopolis is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Thermopolis
Based on the median home price of $231,000 with 20% down ($46,200), here is what you can expect to pay monthly in Thermopolis:
15-Year vs. 30-Year Mortgage in Thermopolis
Choosing a 15-year mortgage in Thermopolis at 6.09% instead of a 30-year at 6.87% would save you $154,440 in total interest over the life of the loan. However, your monthly payment would be $1,568 instead of $1,213 — an increase of $355 per month.
Calculate Your Thermopolis 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 Thermopolis
What are the current mortgage rates in Thermopolis, WY?
As of March 2026, the average 30-year fixed mortgage rate in Thermopolis, Wyoming is 6.87%, while the 15-year fixed rate is 6.09%. FHA loans average 6.56% and VA loans 6.31%. These rates are 0.22% above the national average of 6.65%.
How much is a monthly mortgage payment in Thermopolis?
Based on the median home price of $231,000 with 20% down, the estimated monthly mortgage payment in Thermopolis is $1,213 for principal and interest. Including property taxes of $119/month, the total monthly housing cost is approximately $1,332.
What income do I need to buy a home in Thermopolis?
Using the 28% rule, you would need an annual income of approximately $57,086 to afford the median-priced home in Thermopolis at $231,000. The median household income in Thermopolis is $57,400. The median income is currently sufficient to meet this threshold.
Is Thermopolis a good place to buy a home in 2026?
Thermopolis offers a below-average cost of living with a cost of living index of 83.7 (national average = 100). The property tax rate in Wyoming is 0.62%, which is below the national average. Thermopolis has a population of 2,934 and offers a very affordable lifestyle.
Mortgage Rates in Other Wyoming Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Thermopolis, Wyoming area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.