What is the average mortgage rate in Colorado in 2026?
Around 7.46% as of October 19, 2026, in line with national average.
Best Mortgage Rates Colorado 2026
Colorado has a strong housing market with a median home price of $515,000 in 2026, driven by demand in Denver, Boulder, and mountain resort towns. The state has a flat 4.4% income tax and a nominal 0.02% documentary fee on property sales.
30-year fixed
7.46%
National avg
15-year fixed
6.82%
National avg
5/1 ARM
6.82%
National avg
| Product | Rate (APR) |
|---|---|
| 30-year fixed (national avg) | 7.46% |
| 15-year fixed (national avg) | 6.82% |
| 5/1 ARM (national avg) | 6.82% |
Rates verified Oct 21, 2026
Rates shown are national benchmark averages from the site data file, not live quotes from lenders. Confirm pricing with banks and brokers in Colorado. Not financial advice.
Colorado at a glance
- Average home price: $515,000
- State income tax: Yes (4.4% flat rate)
- Land transfer tax: Yes (0.02% documentary fee — minimal)
- Typical monthly payment: $2,869/mo on $515,000 with 20% down, 30-year term, at 7.46% — excludes taxes, insurance, and HOA.
Frequently Asked Questions
Does Colorado have a real estate transfer tax?
Colorado charges a 0.02% documentary fee on property sales — one of the lowest in the US and essentially negligible.
What is the median home price in Colorado in 2026?
$515,000 — significantly above the national median.
How much do I need to earn to afford a home in Colorado?
To afford $515,000 with 20% down at 7.46%, you need approximately $120,000–$125,000 annual income.
Colorado mortgage calculator · Educational reference only. Not financial or lending advice.