What is the average home price in Louisiana?
Around $215,000 in 2026.
Louisiana Mortgage Calculator 2026
Louisiana has affordable home prices averaging $215,000 in 2026. Use this calculator to estimate your monthly mortgage payment.
Current Rates (Freddie Mac PMMS)
30-Year Fixed: 15-Year Fixed: Rates verified Oct 21, 2026
Adjust values — results update instantly.
State: Louisiana (median-style home price, tax, and insurance pre-filled — edit as needed)
Illustrative property tax and insurance — parish millage and wind/flood coverage vary. Not a loan offer.
Dollar amount. PMI applies when under 20% of home price.
PMI is estimated at 0.5% of the loan amount per year when your down payment is below 20% of the purchase price.
Total monthly payment
$1,391
Principal & interest
$1,116Property tax
$125Home insurance
$150Loan amount$172,000
Down payment$43,000 (20.0%)
Total interest (life)$229,612
Total cost$401,612
Frequently Asked Questions
Does Louisiana have a transfer tax?
No state transfer tax but local fees apply.
What is Louisiana state income tax?
Flat 3% rate in 2026.
How much do I need to earn to afford a home in Louisiana?
Approximately $40,000–$45,000 annually for the average LA home.
Related calculators
Educational estimates only. Not a lender pre-approval.