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Louisiana Interest Only Mortgage Rates

Updated: March 28, 2020

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Displaying rates for Mortgage Refinance in LA for $200,000

3.619%

APR
30 Year Fixed
3.500% Rate $899/mo
  • Updated March 28, 2020
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3.342%

APR
30 Year Fixed
3.125% Rate $857/mo
  • Updated March 28, 2020
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PRODUCTS RATES +/-
30 Year Fixed 3.33%
15 Year Fixed 3.08%
5/1 ARM 4.17%
Saturday, March 28, 2020

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Mortgage rates for Louisiana go up to 3.33%

Saturday, March 28, 2020

Mortgage rates for Louisiana on Lender411 for 30-year fixed-rate mortgages are at 3.33%. That increased from 3.12% to 3.33%. The 15-year fixed rates are now at 3.08%. The 5/1 ARM mortgage for Louisiana is now at 4.17%.

Interest Only Rates in Louisiana

When you buy a home in Louisiana or refinance your existing mortgage with an interest only mortgage loan, you are taking out a 30-year mortgage, electing to pay "interest only" (instead of principal + interest) for a set period of time, such as 3, 5, 7 or 10 years. After the end of the "interest only period", the monthly payments readjust to include the principal, and the loan is re-amortized for the remaining years. Check out our main page on Interest Only Mortgage Rates.

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