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Louisiana Interest Only Mortgage Rates

Updated: October 13, 2019

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

4.000%

APR
30 Year Fixed
4.000% Rate $955/mo
  • Updated October 13, 2019
  • Historically Low Interest Rates - $100 Billion Funded
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3.516%

APR
30 Year Fixed
3.375% Rate $884/mo
  • Updated October 13, 2019
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PRODUCTS RATES +/-
30 Year Fixed 3.59%
15 Year Fixed 3.35%
5/1 ARM 4.19%
Sunday, October 13, 2019

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Mortgage rates for Louisiana go down to 3.59%

Sunday, October 13, 2019

Mortgage rates for Louisiana on Lender411 for 30-year fixed-rate mortgages are at 3.59%. That dropped from 3.59% to 3.59%. The 15-year fixed rates are now at 3.35%. The 5/1 ARM mortgage for Louisiana is now at 4.19%.

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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