Lakewood, Colorado Mortgage Rates Today for November 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Current Lakewood, Colorado mortgage rates today start at 6.375% for a 30 year fixed and 5.25% for a 15 year fixed, compared with Colorado averages of 7.209% and 6.674%. Lakewood, Colorado mortgage rates range from 5.25% to 7.88%, verified by MonitorBankRates as of November 12, 2026. Current 30-year fixed mortgage rates in Lakewood, Colorado include Westerra Credit UnionWesterra Credit Union375 Union Blvd, Lakewood, CO, 80226 3137A+5.0 ★Texas Ratio: 3.20%Rate verified Nov 8, 2026 at 7.125%, Wings Credit UnionWings Credit UnionA+5.0 ★Texas Ratio: 4.15%Rate verified Nov 9, 2026 at 6.375%, Meritrust Credit UnionMeritrust Credit UnionA+5.0 ★Texas Ratio: 4.29%Rate verified Nov 8, 2026 at 7.00%, Golden Belt Bank, FSAGolden Belt Bank, FSAA+5.0 ★Texas Ratio: 4.37%Rate verified Nov 11, 2026 at 7.25%, and Yuma County Federal Credit UnionYuma County Federal Credit UnionA+5.0 ★Texas Ratio: 0.00%Rate verified Nov 12, 2026 at 7.50%. Mortgage rates as of November 12, 2026 according to verified data from MonitorBankRates.
Lakewood borrowers can compare 88 mortgage rates from 16 lenders serving the Colorado area, including 3 local, with rates as low as 5.625% from Navy Federal Credit Union at 2125 S Webster St Ste 101, Lakewood, CO, 80227 3871. Use the tabs below to compare all available loan types and terms. Rates are continually updated, so we recommend checking back frequently.
Mortgage Rates reflect actual verified offers from lenders actively lending to Colorado borrowers. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated and Verified: November 12, 2026
Compare Mortgage Rates Today in Lakewood, Colorado & the Surrounding Area
Lakewood 30 Year Fixed Mortgage Rates
As Low As; Rates as of September 16, 2024; Discount: (0.375%)
Rates as of September 16, 2024; Discount: 0.125%
- Nov 8, 20267.31%▼ from 7.45%
- Oct 29, 20267.45%▲ from 7.07%
- Sep 14, 20267.07%first recorded
Mortgage purchase rates; Origination Fee: 0%
- Nov 9, 20266.64%▼ from 6.89%
- Oct 26, 20266.89%▼ from 7.02%
- Oct 2, 20267.02%▼ from 7.15%
- Oct 1, 20267.15%▲ from 7.02%
Origination Fee: 0%; Mortgage purchase rates
Origination Fee: 0%; Mortgage purchase rates
Mortgage Rates as of November 5th, 2026; Origination Points: 0.00
- Nov 8, 20267.08%▼ from 7.33%
- Oct 19, 20267.33%▼ from 7.58%
- Oct 13, 20267.58%first recorded
APR footnote: APR is Annual Percentage Rate, subject to change and may vary by loan amount, LTV, credit worthiness, transaction and property type
- Nov 11, 20267.29%▼ from 7.41%
- Oct 26, 20267.41%▼ from 7.66%
- Oct 26, 20267.66%first recorded
APR As Low As; Rates Effective 5/14/2026
Fixed-Rate Home Loans; Payment example: $690.68
Mortgage purchase rates; Origination Fee: 0%
- Nov 9, 20267.69%▼ from 7.93%
- Oct 26, 20267.93%▼ from 8.05%
- Oct 2, 20268.05%▼ from 8.18%
- Oct 1, 20268.18%▲ from 8.05%
As Low As; Construction Loan; Based on $800,000 loan amount with 80% CLTV and FICO>=740; Payment example $5850.65; Loan amount is financed upfront; disbursement based on defined contractual completion steps
- Oct 5, 20267.93%▲ from 7.68%
- Sep 25, 20267.68%▲ from 7.30%
- Sep 17, 20267.30%▲ from 6.92%
- Sep 14, 20266.92%first recorded
Lakewood 15 Year Fixed Mortgage Rates
Rates as of September 16, 2024; Discount: 0.000%
- Nov 8, 20266.58%▼ from 6.70%
- Oct 29, 20266.70%▲ from 6.58%
- Sep 14, 20266.58%first recorded
As Low As; Owner Occupied
Mortgage purchase rates; Origination Fee: 0%
- Nov 9, 20265.88%▼ from 6.13%
- Oct 26, 20266.13%▼ from 6.25%
- Oct 2, 20266.25%▼ from 6.38%
- Oct 1, 20266.38%▲ from 6.25%
Mortgage Rates as of November 5th, 2026; Origination Points: 0.00
- Nov 8, 20266.37%▼ from 6.88%
- Oct 13, 20266.88%first recorded
Origination Fee: 0%; Mortgage purchase rates
Interest Rate 6.750%; APR footnote: APR is Annual Percentage Rate, subject to change and may vary by loan amount, LTV, credit worthiness, transaction and property type
- Nov 11, 20266.81%▼ from 6.93%
- Oct 26, 20266.93%▼ from 7.18%
- Oct 26, 20267.18%first recorded
Annual Percentage Rate (APR) shown on homepage rate strip
Lot/Land loan; Rate as low as 7.000%; based on a $120,000 loan amount with 80% CLTV and FICO>=740; payment example $1078.59
Mortgage purchase rates; Origination Fee: 0%
- Nov 9, 20267.33%▼ from 7.58%
- Oct 26, 20267.58%▼ from 7.70%
- Oct 2, 20267.70%▼ from 7.82%
- Oct 1, 20267.82%▲ from 7.70%
As Low As; Payment example: $860.54
As Low As; Construction Loan; Based on $800,000 loan amount with 80% CLTV and FICO>=740; Payment example $7649.34; Loan amount is financed upfront; disbursement based on defined contractual completion steps
- Oct 5, 20267.46%▲ from 7.21%
- Sep 25, 20267.21%▲ from 6.83%
- Sep 17, 20266.83%▲ from 6.45%
- Sep 14, 20266.45%first recorded
No additional details available.
- Oct 2, 20267.50%▲ from 7.25%
- Sep 18, 20267.25%first recorded
Lot/Land loan; Rate as low as 7.500%; based on a $120,000 loan amount with 80% CLTV and FICO>=740; payment example $1112.41
Lakewood 5/1 ARM Mortgage Rates
As Low As; Current Calculation of Rate Remaining Term: 7.000%; Rate fixed 5 years then adjusts every 5 years; Up to 97% LTV for first-time homebuyers, 95% for other purchases
As Low As; Adjustable Rate (15/15 ARM) - Primary or secondary owner-occupied residence, $205,000 loan amount, 80% LTV, 5% Rate Cap for one-time adjustment; Payment example: $1278.93
- Oct 23, 20266.63%▲ from 6.61%
- Oct 5, 20266.61%▲ from 6.24%
- Sep 17, 20266.24%▲ from 6.22%
- Sep 14, 20266.22%first recorded
Term: Fixed for the first 5 years; Home Loans; Current Rates; Adjusts every 6 months for the remaining balance of the loan
Adjustable-Rate Home Loans; Payment example: $640.31
- Nov 5, 20266.95%▼ from 7.00%
- Oct 26, 20267.00%first recorded
As Low As; Rate 1st 15 Years; Rate and payments adjust once at 15 years; Index: one-month average yield of the 10-Year US Treasury, subject to 4.00% floor
- Oct 23, 20266.96%▲ from 5.90%
- Oct 12, 20265.90%first recorded
As Low As; Loan-to-value over 80%; Current Calculation of Rate Remaining Term: 7.000%; Rate fixed 5 years then adjusts every 5 years; Up to 97% LTV for first-time homebuyers, 95% for other purchases
Variable rate ARM; APR is variable and may increase
- Nov 11, 20267.07%▼ from 7.19%
- Oct 26, 20267.19%▼ from 7.29%
- Oct 26, 20267.29%first recorded
Adjustable Rate Mortgage; Annual Percentage Rate column; fixed period 5/5
Adjustable-Rate Home Loans; Payment example: $648.60
- Nov 5, 20267.15%▼ from 7.28%
- Oct 30, 20267.28%▼ from 7.35%
- Oct 26, 20267.35%first recorded
No additional details available.
Adjustable-Rate Mortgage; initial fixed-rate period 5 years; Mortgage Rates as of November 5th, 2026; Origination Points: 0.00
Lakewood 30-Year Jumbo Mortgage Rates
Discount: (0.125%); Rates as of September 16, 2024
- Nov 3, 20266.45%▼ from 6.52%
- Oct 29, 20266.52%▼ from 6.58%
- Oct 26, 20266.58%▲ from 6.52%
- Oct 13, 20266.52%▼ from 6.52%
As Low As
- Nov 11, 20266.50%▼ from 6.59%
- Nov 5, 20266.59%▼ from 6.71%
- Oct 31, 20266.71%▼ from 6.83%
- Oct 20, 20266.83%▼ from 6.87%
Conventional fixed mortgage; minimum 5% down payment; Rates as of Nov 10, 2026 ET
- Nov 11, 20267.02%▲ from 6.90%
- Nov 5, 20266.90%▼ from 7.15%
- Oct 26, 20267.15%first recorded
based on $940,000 loan, 25% down, 45-day lock; rates as of 11/10/2026
Refinance rate; 7-year fixed period, adjusts yearly; based on $940,000 loan amount and at least 25% equity
As Low As; Discount: 0.000%; Rates as of September 16, 2024
- Nov 8, 20267.15%▲ from 7.02%
- Oct 19, 20267.02%▼ from 7.15%
- Oct 13, 20267.15%▼ from 7.40%
- Oct 1, 20267.40%▲ from 6.88%
based on $940,000 loan, 25% down, 45-day lock; rates as of 11/10/2026
Refinance rate; 10-year fixed period, adjusts yearly; based on $940,000 loan amount and at least 25% equity
based on $940,000 loan, 25% down, 45-day lock; rates as of 11/10/2026
Refinance rate; based on $940,000 loan amount and at least 25% equity
based on $940,000 loan, 25% down, 45-day lock; rates as of 11/10/2026
Refinance rate; based on $940,000 loan amount and at least 25% equity
Interest Rates As Low As; Exclusive mortgage benefit for Servicemembers, Reservists and Veterans who have already exhausted their VA loan benefit; no down payment required; 720 FICO, down payment of 0%; rates as of Oct 30, 2026 ET
- Nov 11, 20268.10%▲ from 7.97%
- Nov 5, 20267.97%▼ from 8.10%
- Oct 31, 20268.10%▼ from 8.22%
- Oct 26, 20268.22%▼ from 8.35%
As Low As; Rates as of Nov 10, 2026 ET; Advertised rate assumes single-family primary residence, 720 FICO, 0% down payment
- Nov 11, 20268.22%▲ from 8.10%
- Nov 5, 20268.10%▼ from 8.22%
- Oct 31, 20268.22%▼ from 8.35%
- Oct 26, 20268.35%▼ from 8.48%
Purchase loan; Origination Fee: 0%
- Nov 9, 20266.55%▼ from 6.68%
- Nov 5, 20266.68%▼ from 6.80%
- Oct 30, 20266.80%▼ from 7.05%
- Oct 10, 20267.05%▼ from 7.18%
Lakewood 15-Year Jumbo Mortgage Rates
Discount: 0.000%; Rates as of September 16, 2024
- Nov 8, 20266.53%▼ from 6.78%
- Oct 29, 20266.78%▼ from 6.91%
- Oct 19, 20266.91%▼ from 7.16%
- Oct 1, 20267.16%▲ from 6.78%
Conventional fixed mortgage; minimum 5% down payment; Rates as of Nov 10, 2026 ET
based on $940,000 loan, 25% down, 45-day lock; rates as of 11/10/2026
Refinance rate; based on $940,000 loan amount and at least 25% equity
Purchase loan; Origination Fee: 0%
- Nov 9, 20266.25%▼ from 6.38%
- Nov 5, 20266.38%▼ from 6.50%
- Oct 30, 20266.50%▲ from 6.44%
- Sep 18, 20266.44%▲ from 6.31%
Jumbo loan; based on $806,500.00 loan amount
- Oct 29, 20266.94%▼ from 7.23%
- Oct 26, 20267.23%▲ from 7.20%
- Oct 19, 20267.20%▼ from 7.23%
- Oct 13, 20267.23%first recorded
Lakewood 5/1 Jumbo ARM Mortgage Rates
As Low As
- Nov 11, 20266.45%▼ from 6.53%
- Nov 5, 20266.53%▼ from 6.65%
- Oct 31, 20266.65%▼ from 6.78%
- Oct 20, 20266.78%▼ from 6.83%
based on $940,000 loan, 25% down, 45-day lock; rates as of 11/10/2026
Refinance rate; 5-year fixed period, adjusts yearly; based on $940,000 loan amount and at least 25% equity
As Low As; Jumbo loan (loans over $766,550); Current Calculation of Rate Remaining Term: 7.000%; Rate fixed 5 years then adjusts every 5 years; Up to 97% LTV for first-time homebuyers, 95% for other purchases
Rate as low as 6.375%; based on a $1,200,000 loan amount with 80% CLTV and FICO>=740; 5% rate cap for one-time adjustment; primary or secondary owner-occupied; rate and payment may increase after consummation
- Oct 23, 20266.60%▲ from 6.58%
- Sep 25, 20266.58%▲ from 6.20%
- Sep 17, 20266.20%▲ from 6.18%
- Sep 14, 20266.18%first recorded
Jumbo Home Loans; Payment example: $6157.17
- Nov 9, 20266.66%▼ from 6.71%
- Nov 5, 20266.71%▼ from 6.76%
- Oct 30, 20266.76%▲ from 6.71%
- Oct 26, 20266.71%first recorded
Jumbo Home Loans; Payment example: $6238.70
- Nov 9, 20266.86%▼ from 6.91%
- Nov 5, 20266.91%▼ from 7.03%
- Oct 30, 20267.03%▼ from 7.05%
- Oct 26, 20267.05%first recorded
As Low As; Rate 1st 15 Years; For loans over $766,550; Rate and payments adjust once at 15 years; Index: one-month average yield of the 10-Year US Treasury, subject to 4.00% floor
- Oct 23, 20266.96%▲ from 5.90%
- Oct 12, 20265.90%first recorded
As Low As; Jumbo loan (loans over $766,550); Loan-to-value over 80%; Current Calculation of Rate Remaining Term: 7.000%; Rate fixed 5 years then adjusts every 5 years; Up to 97% LTV for first-time homebuyers, 95% for other purchases
Lakewood FHA Loan Rates
based on $270,019 loan, 3.5% down, 45-day lock; rates as of 11/10/2026
Refinance rate; based on $270,019 loan amount and at least 3.5% equity
Mortgage purchase rates; Origination Fee: 0%
- Nov 9, 20267.33%▼ from 7.58%
- Oct 26, 20267.58%▼ from 7.70%
- Oct 2, 20267.70%▼ from 7.82%
- Oct 1, 20267.82%▲ from 7.70%
Mortgage purchase rates; Origination Fee: 0%
- Nov 9, 20267.69%▼ from 7.93%
- Oct 26, 20267.93%▼ from 8.05%
- Oct 2, 20268.05%▼ from 8.18%
- Oct 1, 20268.18%▲ from 8.05%
As Low As; Term: 15 years; Payment example: $1718.35; Based on $185,000 loan amount with 80% CLTV and FICO>=740; includes mortgage insurance; available for purchases only
- Oct 23, 20267.84%▲ from 7.71%
- Sep 14, 20267.71%first recorded
As Low As; Term: 30 years; Payment example: $1348.56; Based on $185,000 loan amount with 80% CLTV and FICO>=740; includes mortgage insurance; available for purchases only
- Oct 23, 20268.31%▲ from 7.79%
- Sep 14, 20267.79%first recorded
Lakewood VA Loan Rates
As Low As; Rates as of Nov 10, 2026 ET; VA loan, no down payment required; Rate already reflects 0.25% discount for eligible Servicemembers and Veterans
- Nov 11, 20266.37%▲ from 6.24%
- Nov 5, 20266.24%first recorded
As Low As; Rates as of Nov 10, 2026 ET; VA loan, no down payment required; Rate already reflects 0.25% discount for eligible Servicemembers and Veterans
- Nov 11, 20266.58%▼ from 7.10%
- Oct 14, 20267.10%first recorded
Rates as of September 16, 2024; Discount: 0.125%
- Nov 8, 20267.31%▼ from 7.45%
- Oct 29, 20267.45%▲ from 7.07%
- Sep 14, 20267.07%first recorded
based on $383,625 loan, no down payment, 45-day lock; rates as of 11/10/2026
Mortgage purchase rates; Origination Fee: 0%
- Nov 9, 20265.88%▼ from 6.13%
- Oct 26, 20266.13%▼ from 6.25%
- Oct 2, 20266.25%▼ from 6.38%
- Oct 1, 20266.38%▲ from 6.25%
Mortgage purchase rates; Origination Fee: 0%
- Nov 9, 20266.64%▼ from 6.89%
- Oct 26, 20266.89%▼ from 7.02%
- Oct 2, 20267.02%▼ from 7.15%
- Oct 1, 20267.15%▲ from 7.02%
As Low As; Based on a $185,000 loan amount with an 80% CLTV and FICO>=740; Payment example $1277.8 includes funding fee; Available for purchases only; Loan amount subject to available VA entitlement
- Oct 23, 20267.36%▼ from 7.47%
- Sep 21, 20267.47%first recorded
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Lakewood, CO Mortgage Rate Trends
Compare local Lakewood, CO mortgage rate quotes against the statewide average
Daily mortgage rate averages tracked across our database of verified mortgage rate quotes, updated every evening.
Colorado 30-year fixed rates fell 0.049 points over the past 7 days to 7.209%.
Colorado 15-year fixed rates fell 0.055 points over the past 7 days to 6.674%.
Colorado Mortgage Rate Forecast, Next 12 Months
Where are Colorado mortgage rates headed through November 2027?
Based on Fed funds rate futures, 10-year Treasury path, and historical mortgage spread model. Not financial advice.
What Forecast Rates Mean for Lakewood, CO Home Buyers
Monthly principal & interest payment on Lakewood, CO median home of $574,400 (20% down, 30-year fixed, city-level Census ACS median)
| Scenario | Rate | Mo. Payment | vs. Today | % of Income |
|---|---|---|---|---|
| Today (CO avg) | 7.209% | $3,122 | 41.7% | |
| 6-Month Forecast | 7.209% (6.86, 7.51%) | $3,122 | +$0/mo | 41.7% |
| 12-Month Forecast | 7.459% (7.11, 7.76%) | $3,200 | +$78/mo | 42.8% |
Income column = annual mortgage payment as % of Lakewood, CO median household income ($89,792). Above 30% is generally considered cost-burdened.
Lakewood, Colorado Housing Affordability
The MonitorBankRates Housing Affordability Index (MBR-HAI) for Lakewood, Colorado is updated every morning from local Census Bureau data and the current Colorado average mortgage rate. A score of 100 equals the national baseline; higher is more affordable.
- MBR-HAI Score: 79.2 Much Less Affordable (Nov 12, 2026)
- National Score: 97.8 (Lakewood is 18.5 points below)
- Rank in Colorado: 244 of 284 cities (1 = most affordable)
- Average 30-Year Rate: 7.20% (Colorado lenders)
- Median Home Value: $574,400 (Census)
- Median Household Income: $89,792 (Census)
- Principal & Interest on the Median Home: $3,118/mo (20% down)
What This Score Means for Lakewood, Colorado Home Buyers
The median home value of $574,400 against a median household income of $89,792 gives a price-to-income ratio of 6.4x, well above the national norm, so buyers here need to stretch further relative to their income. Beyond the mortgage, the median total monthly owner cost here is $1,794, covering the mortgage, property taxes, insurance and utilities. Property taxes alone average $233 a month.
- 120+ Very Affordable
- 110 to 119 Affordable
- 95 to 109 Near Average
- 85 to 94 Less Affordable
- 50 to 84 Much Less Affordable
- Below 50 Least Affordable
See the full Lakewood affordability page Colorado index All state rankings Methodology
How Mortgage Rates Impact Home Affordability in Lakewood, Colorado
Lakewood, Colorado Housing Market Overview
According to the U.S. Census Bureau, the median owner-occupied home value in Lakewood, Colorado is approximately $574,400. The 2026 FHFA conforming loan limit for this area is $862,500, meaning most buyers financing at 80% LTV will qualify for conforming loan pricing, making rate comparison across local lenders especially valuable.
Lakewood, Colorado Homeownership Rate
With a homeownership rate of 58.2%, significantly below the national average of 65.7%, Lakewood, Colorado has a large pool of potential buyers actively competing for available properties. The homeowner vacancy rate of 1.4% signals a tight market with limited available inventory, making it critical to secure the best possible rate quickly when a suitable property becomes available.
Monthly Payment Estimates for Lakewood, Colorado Buyers
Even a small difference in your interest rate can add up to tens of thousands of dollars over the life of a loan. The table below shows monthly principal and interest payments on a $460,000 mortgage, based on a 20% down payment on the Lakewood, Colorado median home value.
| Interest Rate | Loan Term | Monthly Payment | Total Interest Paid |
|---|---|---|---|
| 6.709% | 30-year fixed | $2,971 | $609,569 |
| 7.209% Current Avg | 30-year fixed | $3,125 | $665,082 |
| 7.709% | 30-year fixed | $3,282 | $721,690 |
| 6.674% | 15-year fixed | $4,051 | $269,221 |
A 0.500% rate increase on a $460,000 loan adds roughly $157 per month and over $56,608 in total interest over a 30-year term. That’s why comparing verified, current rates from multiple lenders, using the rate table above, is one of the most impactful financial decisions a Lakewood, Colorado buyer can make.
Data sources: U.S. Census Bureau; Federal Housing Finance Agency (FHFA). Monthly payments shown are principal & interest only; taxes, insurance, and PMI not included.
Lakewood, Colorado Income & Housing Affordability
At a price-to-income ratio of 6.4x, Lakewood, Colorado is a moderately expensive housing market. That ratio, median home value divided by median household income, is a standard benchmark used by housing economists to gauge how accessible homeownership is relative to local earnings. The national baseline is approximately 3.8x.
What This Means for Lakewood, Colorado Buyers
With a median household income of $89,792 per year in Lakewood, Colorado ($7,483/month) and a median home value of approximately $574,400, a buyer financing at 80% LTV at the current average rate would commit roughly 41.8% of gross monthly income to principal and interest alone. That places most buyers above the 30% threshold housing economists use to define "cost burdened", before taxes, insurance, HOA fees, or PMI are factored in.
Compared to the Colorado statewide price-to-income ratio of 5.6x, Lakewood tracks closely with the broader Colorado market on income-adjusted affordability. In either case, even a 0.25% improvement in your mortgage rate meaningfully reduces both the income needed to qualify and the total cost over the loan term.
Data sources: U.S. Census Bureau. Monthly payment estimate assumes 80% LTV at current average rate; principal and interest only.
Full Cost of Homeownership in Lakewood, Colorado
A mortgage payment is just the starting point. Property taxes, insurance, and utilities add hundreds of dollars per month to the true cost of owning a home in Lakewood, Colorado. Understanding the full picture before you buy is the difference between a home you can afford and one that stretches you thin.
Owner vs. Renter Costs
In Lakewood, Colorado, the median homeowner with a mortgage pays approximately $1,794/month in total housing costs, covering the mortgage payment, property taxes, insurance, and utilities. The median renter pays $1,806/month including utilities. In this market, owning costs less per month than renting, a compelling financial case for buyers who can qualify for financing. Property taxes alone account for $233/month of the ownership cost, a figure that can vary dramatically by location and is often underestimated by first-time buyers.
Housing Cost Burden
The federal standard defines “cost burdened” as spending more than 30% of gross household income on housing. “Severely cost burdened” means spending 50% or more. Both thresholds leave little room for savings, emergencies, or other financial goals.
In Lakewood, Colorado, 30.4% of homeowners with mortgages are cost burdened and 53.3% of renters are cost burdened. Renters face significantly higher burden rates than owners, a pattern that often reflects lower renter incomes rather than lower rental costs, and one that can make the path from renting to owning financially difficult even when mortgage payments might be affordable. With an owner burden rate of 30.4% near the national average of 28.0%, this market reflects typical affordability conditions for mortgage holders.
Data sources: U.S. Census Bureau, American Community Survey 5-Year Estimates. Monthly owner costs include mortgage payment, taxes, insurance, and utilities. Property taxes reflect median annual taxes for mortgage holders. Rent reflects median gross rent including utilities. Cost burden figures reflect households spending 30%+ of gross income on housing.
Lakewood, Colorado Mortgage Payment Calculator
See your estimated monthly principal & interest payment at today’s Lakewood, Colorado rates. The home price is prefilled with the local median home value. Adjust anything, or click a current rate on the right to apply that loan type’s rate and term instantly.
Principal & interest only, excludes property taxes, homeowners insurance, PMI, and HOA dues. See the Full Cost of Homeownership section above for those figures. Estimates are for informational purposes only.
Run the Numbers on Your Lakewood, Colorado Home Loan
Rates are only part of the equation. Use these calculators to translate current Lakewood, Colorado mortgage rates and home loan rates into real numbers for your specific situation before you request quotes from mortgage lenders.
Enter your loan amount, interest rate, and term length to see your estimated monthly principal and interest payment. Adjust any variable to model different scenarios: a larger down payment, a shorter term, or a rate a quarter-point lower than what you were quoted.
CalculateTell us your gross income, monthly debt obligations, and how much you have for a down payment. We’ll show you the home price range you’re likely to qualify for at current Lakewood, Colorado rates, so you can shop with a realistic number in mind rather than discovering your ceiling after you’ve fallen in love with a property.
CalculateIf you already own a home, enter your current rate, remaining loan balance, and the rate you’ve been quoted to refinance. The calculator shows your new monthly payment, how much you’d save each month, and the break-even point, the number of months it takes for your savings to cover the closing costs of refinancing.
CalculateBuying isn’t always the better financial decision, and renting isn’t always throwing money away. This calculator weighs the full cost of each path: mortgage payments, taxes, insurance, and maintenance against rent increases and the opportunity cost of a down payment, to show which option builds more wealth over your intended time horizon in Lakewood, Colorado.
CalculateTypes of Mortgages Available in Lakewood, Colorado
Not every loan program is right for every buyer in Lakewood, Colorado. Rates, down payment requirements, eligibility rules, and long-term costs vary significantly across products, and the right choice depends on your credit profile, how long you plan to stay, and whether you qualify for any government-backed programs.
Fixed-Rate Mortgage
A fixed-rate mortgage locks your interest rate in for the entire loan term. Your principal and interest payment on day one is identical to payment 360. That predictability is valuable for long-term financial planning, especially in markets where housing costs represent a large share of household income.
Available in 10-, 15-, 20-, and 30-year terms. The 30-year minimizes monthly payments; the 15-year cuts total interest paid dramatically but requires a higher monthly commitment. The payment comparison table above shows exactly how those trade-offs look at today’s Lakewood, Colorado rate levels.
Adjustable-Rate Mortgage (ARM)
An ARM offers a fixed introductory rate for an initial period, commonly 5, 7, or 10 years, after which the rate adjusts periodically based on a market index. The starting rate is typically lower than a comparable fixed-rate loan, which reduces your monthly payment during the initial window.
ARMs work best when you have a defined exit timeline: if you plan to sell or refinance before the fixed period ends, you capture the lower rate without exposure to future adjustments. Rate caps govern how much the rate can move at each adjustment and in total, so read those terms closely before committing.
FHA Loan
Backed by the Federal Housing Administration, FHA loans are built for buyers who don’t yet meet conventional loan standards. You can qualify with a credit score of 580 and just 3.5% down, and some lenders will consider scores as low as 500 with a 10% down payment.
The cost of that lower barrier is mortgage insurance. FHA loans carry an upfront MIP of 1.75% of the loan amount (which can be rolled in) plus an annual MIP of 0.15% to 0.75% depending on your term and LTV. For buyers who would otherwise wait years to save a larger down payment, given ongoing home price trends in Lakewood, Colorado, FHA is often the faster path to ownership.
VA Loan
Available to eligible active-duty service members, veterans, reservists, National Guard members, and qualifying surviving spouses, VA loans are among the most favorable mortgage programs available anywhere. No down payment is required, there is no monthly mortgage insurance, and rates are generally competitive with, and often better than, conventional loan rates.
A one-time funding fee applies, 2.15% of the loan for first-time VA borrowers with no down payment, which can be financed into the loan. In Lakewood, Colorado, where home prices require substantial savings for a conventional down payment, the zero-down VA benefit is an enormous advantage for those who qualify.
Jumbo Loan
The 2026 FHFA conforming loan limit for Lakewood, Colorado is $862,500. Mortgages above that amount are classified as jumbo loans and are not eligible for purchase by Fannie Mae or Freddie Mac, which means lenders carry the full risk and price that risk accordingly.
Jumbo underwriting is stricter: lenders typically require a credit score of 700 or higher, substantial cash reserves, thorough income documentation, and a down payment of at least 10 to 20%. Rates may run slightly above conforming levels, though the gap narrows in competitive lending environments.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Lakewood, Colorado mortgage rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Mortgage Rate Data: We aggregate mortgage and refinance rates for Lakewood, Colorado directly from the official websites of local lenders, credit unions, and national mortgage originators using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every rate displayed is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home loan products in Lakewood, Colorado. We feature a comprehensive mix of licensed NMLS financial institutions, from neighborhood credit unions and competitive regional banks to large national originators available to borrowers in CO.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update mortgage rates daily. Because rates and APRs can fluctuate rapidly based on bond markets and economic conditions, every loan product features its own “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data, including the Texas Ratio, ensuring you compare rates from secure, reliable lenders.
Mortgage Product Information
How a Mortgage Works
A mortgage is a loan used to buy a home in Lakewood, Colorado, secured by the property itself as collateral. The borrower repays the amount over a set term, most commonly 30 or 15 years, in monthly installments that cover both principal and interest. Because the loan is secured, the lender can foreclose on the home if payments are not made, which is part of why mortgage rates are lower than rates on unsecured debt.
Fixed vs. Adjustable Rate Mortgages
A fixed-rate mortgage keeps the same interest rate for the entire term, so a Lakewood, Colorado homeowner’s principal-and-interest payment never changes. For example, Westerra Credit Union is listing a 30-Year Fixed - Purchase at 7.125%. An adjustable-rate mortgage (ARM) starts with a fixed period, often five, seven, or ten years, and then adjusts periodically based on a market index. ARMs usually open with a lower rate, but the payment can rise once the fixed period ends, so they tend to suit Lakewood, Colorado borrowers who expect to move or refinance before that point. On the adjustable-rate side, Sunward Credit Union is listing a 5/5 Adjustable Rate Mortgage at 6.25%.
How Mortgage Rates Are Set
Mortgage rates move with the broader bond market, particularly the yield on the 10-year Treasury, plus a spread that reflects lender costs and risk. On top of that national baseline, the rate a Colorado borrower is offered depends on individual factors: credit score, down payment size, loan amount, loan type, and the property itself. This is why the advertised rates above are a starting point, and a borrower’s final rate is set once an application is underwritten.
Points and Closing Costs
The interest rate is not the only cost of buying a home in Lakewood, Colorado. Discount points are an optional upfront fee (one point equals one percent of the loan amount) paid to lower the rate over the life of the loan. Closing costs cover items such as origination fees, appraisal, title insurance, and recording, and typically run two to five percent of the loan. Comparing the annual percentage rate (APR) alongside the note rate helps Lakewood, Colorado shoppers account for these costs when weighing lenders.
When to Consider Refinancing
Refinancing replaces an existing mortgage with a new one, usually to secure a lower rate, change the term, or tap home equity. For Lakewood, Colorado homeowners, the general guideline is that refinancing makes sense when the savings from a lower rate recoup the closing costs within the time the borrower plans to stay in the home, known as the break-even point. Borrowers also refinance to switch from an adjustable rate to a fixed rate, or to remove mortgage insurance once enough equity has built up. Current Lakewood, Colorado refinance rates from local lenders are listed on our refinance page.
Frequently Asked Questions about Mortgage Rates in Lakewood, Colorado
What are mortgage rates in Lakewood, Colorado today?
What are home loan rates in Lakewood, CO today?
How does my credit score affect my rate in Lakewood, Colorado?
What is a 30-Year Fixed Mortgage?
What are closing costs in Lakewood, Colorado?
Should I lock my mortgage rate?
What is an Adjustable-Rate Mortgage (ARM)?
What is a Jumbo Loan in Lakewood, Colorado?
Do I need 20% down to buy a house in Lakewood, Colorado?
What is the difference between Interest Rate and APR?
How do I compare mortgage lenders in Lakewood, Colorado?
How do I get mortgage quotes in Lakewood, Colorado?
What is the median home value in Lakewood, Colorado?
What is the homeownership rate in Lakewood, Colorado?
What is the conforming loan limit in Lakewood, Colorado?
What is the median monthly cost of homeownership in Lakewood, Colorado?
What are the median property taxes in Lakewood, Colorado?
What is the median rent in Lakewood, Colorado?
What percentage of homeowners are cost burdened in Lakewood, Colorado?
What percentage of renters are cost burdened in Lakewood, Colorado?
What are the best Mortgage rates in Lakewood, Colorado?
- Westerra Credit Union: 7.125% (30-Year Fixed - Purchase)
- Wings Credit Union: 6.375% (VA 30-Year Fixed)
- Meritrust Credit Union: 7.00% (30 Year Fixed)
- Golden Belt Bank, FSA: 7.25% (30 Year Fixed Mortgage)
- Yuma County Federal Credit Union: 7.50% (1st & 2nd Mortgage Home Loans - Fixed 30 Year Mortgage)
Lakewood, Colorado Rates & Resources
