Idaho Mortgage Refinance Rates

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Loan Type	Rate	APR	Points	Est. Monthly Payment
FHA 30-Year Fixed	6.490%	7.340%	2.125	$2,248
VA 30-Year Fixed	6.500%	6.905%	1.875	$2,239
Conventional 15-Year Fixed	6.375%	6.894%	2.250	$3,024
Conventional 30-Year Fixed	6.875%	7.189%	2.125	$2,299
Jumbo 30-Year Fixed	6.875%	7.119%	2.250	$6,240

Loan Type	Rate	APR	Points	Est. Monthly Payment
FHA 30-Year Refinance	6.490%	7.403%	2.500	$2,248
VA 30-Year Refinance	6.500%	6.856%	2.500	$2,223
Conventional 15-Year Refinance	6.490%	7.045%	2.250	$3,046
Conventional 30-Year Refinance	7.000%	7.339%	2.125	$2,328
Jumbo 30-Year Refinance	6.875%	7.131%	2.300	$6,240

Loan Type	Rate	APR	Est. Monthly Payment
Fixed 20-Year HELOC	9.875%	9.875%	$956
Fixed 30-Year HELOC	10.375%	10.375%	$905

Loan Type	Rate	APR	Points	Est. Monthly Payment
Conventional 30-Year Cash-Out Refinance	7.125%	7.506%	2.375	$2,021

FHA 30-Year Fixed: Interest rate offered based on $356,125 loan amount with 7.340% APR and $2,248 monthly payment at 70% loan-to-value (LTV) and 2.125 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

VA 30-Year Fixed: Interest rate offered based on $354,375 loan amount with 6.905% APR and $2,239 monthly payment at 70% loan-to-value (LTV) and 1.875 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Conventional 15-Year Fixed: Interest rate offered based on $350,000 loan amount with 6.894% APR and $3,024 monthly payment at 70% loan-to-value (LTV) and 2.250 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Conventional 30-Year Fixed: Interest rate offered based on $350,000 loan amount with 7.189% APR and $2,299 monthly payment at 70% loan-to-value (LTV) and 2.125 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Jumbo 30-Year Fixed: Interest rate offered based on $950,001 loan amount with 7.119% APR and $6,240 monthly payment at 70% loan-to-value (LTV) and 2.250 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 1, 2026.

FHA 30-Year Refinance: Interest rate offered based on $356,125 loan amount with 7.403% APR and $2,248 monthly payment at 70% loan-to-value (LTV) and 2.500 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

VA 30-Year Refinance: Interest rate offered based on $351,750 loan amount with 6.856% APR and $2,223 monthly payment at 70% loan-to-value (LTV) and 2.500 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Conventional 15-Year Refinance: Interest rate offered based on $350,000 loan amount with 7.045% APR and $3,046 monthly payment at 70% loan-to-value (LTV) and 2.250 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Conventional 30-Year Refinance: Interest rate offered based on $350,000 loan amount with 7.339% APR and $2,328 monthly payment at 70% loan-to-value (LTV) and 2.125 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Jumbo 30-Year Refinance: Interest rate offered based on $950,001 loan amount with 7.131% APR and $6,240 monthly payment at 70% loan-to-value (LTV) and 2.300 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 1, 2026.

Fixed 20-Year HELOC: Interest rate offered based on $100,000 loan amount with 9.875% APR and $956 monthly payment at 20% loan-to-value (LTV) and 0.250 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Fixed 30-Year HELOC: Interest rate offered based on $100,000 loan amount with 10.375% APR and $905 monthly payment at 20% loan-to-value (LTV) and 0.125 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Home equity lines shown assume a 3-year draw period, a $25,000 minimum initial draw, a $99 annual fee, a $100 minimum payment. Repayment period is 204 and 324 months, following the draw period. Terms are an example only and vary by line amount, property and credit profile.

Conventional 30-Year Cash-Out Refinance: Interest rate offered based on $300,000 loan amount with 7.506% APR and $2,021 monthly payment at 70% loan-to-value (LTV) and 2.375 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

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Refinance Rates Trend in Idaho

Historical rates shown for context only. See full disclosures below and current rates in the table above. View Legal Disclosures

Rates as of November 6, 2026 · Avg Idaho property tax: 0.51% · Avg annual home insurance: $1,960

Today’s 30-year fixed refinance rate in Idaho is 7.000% (7.339% APR), and a 15-year is 6.490% (7.045% APR). On a typical $323,000 Idaho loan, that’s about $2,149 a month in principal and interest over 30 years or $2,812 over 15. These figures use a typical Idaho home price of $461,700 (the average of the median prices in its largest cities) and a loan at 70% of that value. Your numbers depend on your balance, your home’s value and your credit.

How much could you save by refinancing in Idaho?

Monthly savings on a $323,000 balance if you refinance into today’s 30-year fixed rate of 7.000% (7.339% APR), by the rate you have now. If your current rate is at or below about 7.000%, a rate-and-term refinance at today’s rate won’t lower your payment; a cash-out refinance or HELOC may fit better if you need cash.

Your current rate	Payment now	New payment	Monthly savings	Break-even
7.500%	$2,258	$2,149	$110	99 months
8.000%	$2,370	$2,149	$221	49 months
8.500%	$2,484	$2,149	$335	33 months

Principal and interest only, comparing 30-year payments on the same $323,000 balance. New payment at 7.000% (7.339% APR) with 2.125 discount points. Break-even divides the points and lender fees built into that APR (about $10,757 on this loan) by the monthly savings; title, appraisal and other third-party closing costs add to that (try our refinance break-even calculator with your own numbers). Restarting a 30-year term can mean more total interest even when the payment drops.

Refinance payments in Idaho's largest cities

Estimated monthly cost after refinancing a loan at 70% of each city’s median home price into today’s 30-year fixed rate of 7.000% (7.339% APR), with local property taxes and homeowners insurance.

City	Median price	Loan (70%)	Principal & interest	Taxes & insurance	Total monthly
Boise	$559,900	$392,000	$2,608	$401	$3,009
Idaho Falls	$436,250	$305,000	$2,029	$344	$2,373
Pocatello	$389,000	$272,000	$1,810	$325	$2,134

Principal and interest at 7.000% (7.339% APR) (30-year conforming refinance). Median prices from Movoto market trends, September 2026.

15-year vs. 30-year refinance in Idaho

On a typical $323,000 Idaho loan, a 15-year refinance costs about $663 more a month than a 30-year, but saves about $267,471 in interest over the life of the loan.

Loan term	Rate (APR)	Principal & interest	Total interest
30-year fixed	7.000% (7.339% APR)	$2,149	$450,614
15-year fixed	6.490% (7.045% APR)	$2,812	$183,142

Conforming refinance rates for Idaho as of November 6, 2026. Total interest assumes you keep the loan for the full term and make every scheduled payment. Taxes and insurance are the same for either term.

Refinance options in Idaho by loan type

The examples above assume you’re refinancing into a conventional loan. If you have an FHA or VA loan, owe more than the conforming limit, or want to take cash out, one of these options may fit better.

If you have an FHA loan

FHA streamline refinance

Refinance an existing FHA loan with limited credit documentation and often no appraisal. FHA mortgage insurance still applies.

If you have a VA loan

VA IRRRL

The VA’s Interest Rate Reduction Refinance Loan lowers your rate with less paperwork than a standard refinance, with no monthly mortgage insurance.

If you owe more than $832,750

Jumbo refinance

A balance above the county’s 2026 conforming loan limit refinances into a jumbo loan. Some Idaho counties have higher limits, up to $1,249,125.

If you need cash

Cash-out refinance or HELOC

A cash-out refinance replaces your loan with a larger one and pays you the difference. A HELOC lets you borrow against your equity and keep your current rate.

Idaho refinance programs

Idaho Housing and Finance Association (IHFA) offers rate-and-term, cash-out and streamline refinances with fixed rates. Homeowners can contact IHFA’s refinance team or a partner lender to see which option fits their current loan. See IHFA refinance details.

Idaho refinance FAQs

What are refinance rates in Idaho today?

As of November 6, 2026, Lower’s 30-year fixed refinance rate in Idaho is 7.000% (7.339% APR) and the 15-year is 6.490% (7.045% APR). FHA refinances start at 6.490% (7.403% APR) and VA refinances at 6.500% (6.856% APR). Your rate depends on your credit, equity, loan amount and points.

When does refinancing make sense in Idaho?

When the monthly savings pay back your closing costs before you sell or refinance again. On a typical $323,000 Idaho loan, going from 8.000% to today’s 7.000% (7.339% APR) saves about $221 a month, and the points and lender fees in today’s quote (about $10,757) take about 49 months to recover. Compare the new term too: restarting at 30 years can add interest even when the payment drops.

Does IHFA offer a refinance program?

Yes. IHFA offers rate-and-term, cash-out and streamline refinances with fixed rates. Homeowners can contact IHFA’s refinance team or a partner lender to see which option fits their loan.

Do Boise, Idaho Falls or Pocatello have higher conforming loan limits?

No. They use Idaho’s baseline $832,750 limit for a one-unit home in 2026. A refinance above the limit is a jumbo loan, priced today at 6.875% (7.131% APR) for 30 years.

Can I refinance a VA loan in Idaho?

Yes. If your current mortgage is VA-backed, a VA Interest Rate Reduction Refinance Loan (IRRRL) can lower your rate with less paperwork than a standard refinance. Lower’s 30-year VA refinance rate in Idaho is 6.500% (6.856% APR) today. VA and lender requirements apply.

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When no one else would help us out with a loan, Fred found a way to help us out and get us into our new home and we are forever grateful for that. Fred was always quick to answer his phone and be there for us whenever we had any questions or ne…eded anything. He definitely went over and beyond for us. Whenever we faced any kind of issues, Fred would handle them, and it was great knowing we had someone on our side that was looking our for us and making sure that we were taken care of. Fred is very knowledgeable, professional, and skilled at what he does. We felt confident knowing we were in very capable hands throughout the entire process. We are very pleased with all that Fred and his team did for us, we will definitely be recommending him to friends and family.

Michael K.

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October 19, 2026

5.0

Fred was very knowledgeable and timely

Dana L.

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October 4, 2026

5.0

You need to increase your market manipulation capabilities so we could get a lower rate! Just kidding.... appreciated your easy access and that you did not ask for a bunch of additional info/data from us that… you did not really need.

Mack L.

Verified Customer

October 23, 2026

5.0

Even though there was a lot of bumps the road he pulled through and got us the house

Arvid H.

Verified Customer

September 18, 2026

5.0

Communication was excellent!! If we had a question, he had an answer. He kept in contact during the entire process of our loan. helped explain things that we're confusing and got us into the home We wanted!!! Michael is the one member in the …team that made everything happen,

David H.

Verified Customer

October 17, 2026

5.0

Michael did wonderful job getting my loan and best of all i can say for he went out of his way to whatever he could to get it done in a timely manner to get my new home knowing the situation of me being i…n another state and so it was was a pleasure of knowing him and now meting himself thanks for all great work put in

Stephen S.

Verified Customer

August 26, 2026

Michael K. rated Fred Holsman 5.0 stars: When no one else would help us out with a loan, Fred found a way to help us out and get us into our new home and we are forever grateful for that. Fred was always quick to answer his phone and be there for us whenever we had any questions or needed anything. He definitely went over and beyond for us. Whenever we faced any kind of issues, Fred would handle them, and it was great knowing we had someone on our side that was looking our for us and making sure that we were taken care of. Fred is very knowledgeable, professional, and skilled at what he does. We felt confident knowing we were in very capable hands throughout the entire process. We are very pleased with all that Fred and his team did for us, we will definitely be recommending him to friends and family. Dana L. rated Fred Holsman 5.0 stars: Fred was very knowledgeable and timely Mack L. rated Fred Holsman 5.0 stars: You need to increase your market manipulation capabilities so we could get a lower rate! Just kidding.... appreciated your easy access and that you did not ask for a bunch of additional info/data from us that you did not really need. Arvid H. rated Michael Hull 5.0 stars: Even though there was a lot of bumps the road he pulled through and got us the house David H. rated Michael Hull 5.0 stars: Communication was excellent!! If we had a question, he had an answer. He kept in contact during the entire process of our loan. helped explain things that we're confusing and got us into the home We wanted!!! Michael is the one member in the team that made everything happen, Stephen S. rated Michael Hull 5.0 stars: Michael did wonderful job getting my loan and best of all i can say for he went out of his way to whatever he could to get it done in a timely manner to get my new home knowing the situation of me being in another state and so it was was a pleasure of knowing him and now meting himself thanks for all great work put in

Idaho Mortgage Refinance Rates

Current Idaho Home Refinance Rates

Get your personalized rate

Refinance Rates Trend in Idaho

How much could you save by refinancing in Idaho?

Refinance payments in Idaho's largest cities

15-year vs. 30-year refinance in Idaho

Refinance options in Idaho by loan type

FHA streamline refinance

VA IRRRL

Jumbo refinance

Cash-out refinance or HELOC

Idaho refinance programs

Idaho refinance FAQs

Related Idaho mortgage pages

Loan Officers in Idaho

Abigayle Hull

Rich Holsman

Debbie Holsman

Michael Hull

Fred Holsman

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