Kentucky Mortgage Refinance Rates

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Loan Type	Rate	APR	Points	Est. Monthly Payment
FHA 30-Year Fixed	6.500%	7.336%	2.000	$2,250
VA 30-Year Fixed	6.375%	6.812%	2.250	$2,210
Conventional 15-Year Fixed	6.375%	6.871%	2.125	$3,024
Conventional 30-Year Fixed	6.875%	7.175%	2.000	$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%	7.400%	2.500	$2,248
VA 30-Year Refinance	6.500%	6.853%	2.500	$2,223
Conventional 15-Year Refinance	6.375%	6.966%	2.500	$3,024
Conventional 30-Year Refinance	7.000%	7.337%	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	9.500%	9.500%	$932
Fixed 30-Year HELOC	10.000%	10.000%	$877

Loan Type	Rate	APR	Points	Est. Monthly Payment
Conventional 30-Year Cash-Out Refinance	7.125%	7.492%	2.250	$2,021

FHA 30-Year Fixed: Interest rate offered based on $356,125 loan amount with 7.336% APR and $2,250 monthly payment at 70% loan-to-value (LTV) and 2.000 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 6.812% APR and $2,210 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 15-Year Fixed: Interest rate offered based on $350,000 loan amount with 6.871% APR and $3,024 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.

Conventional 30-Year Fixed: Interest rate offered based on $350,000 loan amount with 7.175% APR and $2,299 monthly payment at 70% loan-to-value (LTV) and 2.000 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 7.400% 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 6.853% 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 6.966% APR and $3,024 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 30-Year Refinance: Interest rate offered based on $350,000 loan amount with 7.337% 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 9.500% APR and $932 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.

Fixed 30-Year HELOC: Interest rate offered based on $100,000 loan amount with 10.000% APR and $877 monthly payment at 20% loan-to-value (LTV) and 0.000 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 7.492% APR and $2,021 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.

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Refinance Rates Trend in Kentucky

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 Kentucky property tax: 0.88% · Avg annual home insurance: $3,373

Today’s 30-year fixed refinance rate in Kentucky is 7.000% (7.337% APR), and a 15-year is 6.375% (6.966% APR). On a typical $217,000 Kentucky loan, that’s about $1,444 a month in principal and interest over 30 years or $1,875 over 15. These figures use a typical Kentucky home price of $310,400 (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 Kentucky?

Monthly savings on a $217,000 balance if you refinance into today’s 30-year fixed rate of 7.000% (7.337% 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%	$1,517	$1,444	$74	98 months
8.000%	$1,592	$1,444	$149	49 months
8.500%	$1,669	$1,444	$225	32 months

Principal and interest only, comparing 30-year payments on the same $217,000 balance. New payment at 7.000% (7.337% APR) with 2.125 discount points. Break-even divides the points and lender fees built into that APR (about $7,186 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 Kentucky'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% (7.337% APR), with local property taxes and homeowners insurance.

City	Median price	Loan (70%)	Principal & interest	Taxes & insurance	Total monthly
Louisville	$294,995	$206,000	$1,371	$529	$1,899
Lexington	$398,000	$279,000	$1,856	$544	$2,400
Bowling Green	$319,900	$224,000	$1,490	$636	$2,126
Owensboro	$269,900	$189,000	$1,257	$591	$1,848
Elizabethtown	$340,654	$238,000	$1,583	$654	$2,237
Paducah	$239,000	$167,000	$1,111	$564	$1,675

Principal and interest at 7.000% (7.337% APR) (30-year conforming refinance). Median prices from Movoto market trends, September 2026.

15-year vs. 30-year refinance in Kentucky

On a typical $217,000 Kentucky loan, a 15-year refinance costs about $432 more a month than a 30-year, but saves about $182,158 in interest over the life of the loan.

Loan term	Rate (APR)	Principal & interest	Total interest
30-year fixed	7.000% (7.337% APR)	$1,444	$302,734
15-year fixed	6.375% (6.966% APR)	$1,875	$120,576

Conforming refinance rates for Kentucky 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 Kentucky 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.

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.

Kentucky refinance FAQs

What are refinance rates in Kentucky today?

As of November 6, 2026, Lower’s 30-year fixed refinance rate in Kentucky is 7.000% (7.337% APR) and the 15-year is 6.375% (6.966% APR). FHA refinances start at 6.490% (7.400% APR) and VA refinances at 6.500% (6.853% APR). Your rate depends on your credit, equity, loan amount and points.

When does refinancing make sense in Kentucky?

When the monthly savings pay back your closing costs before you sell or refinance again. On a typical $217,000 Kentucky loan, going from 8.000% to today’s 7.000% (7.337% APR) saves about $149 a month, and the points and lender fees in today’s quote (about $7,186) take about 49 months to recover. Compare the new term too: restarting at 30 years can add interest even when the payment drops.

Do Louisville, Lexington or Bowling Green have higher conforming loan limits?

No. Every Kentucky county uses the same $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 Kentucky?

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 Kentucky is 6.500% (6.853% APR) today. VA and lender requirements apply.

Related Kentucky mortgage pages

Movoto market trends data, September 2026, for each city. Cities are the state's largest by Census Bureau population estimates (Vintage 2024) among cities with Movoto data; where a city has too few sales, the next-busiest markets by homes sold fill in. Conforming loan limits: FHFA, 2026. Property tax estimates use county effective rates from the American Community Survey; homeowners insurance estimates are average annual premiums from The Zebra; your quote will vary. Rates as of November 6, 2026. Examples only; not an offer of credit. Your rate and payment depend on your credit, down payment, loan type and other factors.

Loan Officers in Kentucky

Ashley Higdon

VP of Lending

NMLS ID# 168604

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Tim Summers

Branch Manager

NMLS ID# 64124

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About

Matt Groves

Loan Partner

NMLS ID# 1132394

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All Loan Officers in Kentucky

5.0

Joanie went above and beyond to help our dream become a reality. This would not have been possible without her

Sasha G.

Verified Customer

October 27, 2026

5.0

Very kind and straight forward. Kept up communication and let us know everything we needed. Highly recommend and would go through her again if we ever need to refinance again.

Charles E.

Verified Customer

September 25, 2026

5.0

Tim led us through every step of our home buying process. We had steps that we need to take to fix things and he drew out a map for success that was so easy to follow. I would highly recommend Tim and Lower… Mortgage to anyone looking to buy a hom.

Joe J.

Verified Customer

October 23, 2026

5.0

Tim and his staff are on topand very knowledgeable. Every step they told me to take, in every professional contact they put me in touch with was top notch.

Mary J.

Verified Customer

October 29, 2026

5.0

Very professional, always on task , and very informative, with a wonderful personality to match.

Phillip G.

Verified Customer

October 30, 2026

5.0

Joanie made great it wasn't with our it's issues but none of which were her fault. The end result was what we ask wanted and that's the important part.

David C.

Verified Customer

October 27, 2026

Sasha G. rated Joanie Neal 5.0 stars: Joanie went above and beyond to help our dream become a reality. This would not have been possible without her Charles E. rated Joanie Neal 5.0 stars: Very kind and straight forward. Kept up communication and let us know everything we needed. Highly recommend and would go through her again if we ever need to refinance again. Joe J. rated Tim Summers 5.0 stars: Tim led us through every step of our home buying process. We had steps that we need to take to fix things and he drew out a map for success that was so easy to follow. I would highly recommend Tim and Lower Mortgage to anyone looking to buy a hom. Mary J. rated Tim Summers 5.0 stars: Tim and his staff are on topand very knowledgeable. Every step they told me to take, in every professional contact they put me in touch with was top notch. Phillip G. rated Joanie Neal 5.0 stars: Very professional, always on task , and very informative, with a wonderful personality to match. David C. rated Joanie Neal 5.0 stars: Joanie made great it wasn't with our it's issues but none of which were her fault. The end result was what we ask wanted and that's the important part.

Kentucky Mortgage Refinance Rates

Current Kentucky Home Refinance Rates

Get your personalized rate

Refinance Rates Trend in Kentucky

How much could you save by refinancing in Kentucky?

Refinance payments in Kentucky's largest cities

15-year vs. 30-year refinance in Kentucky

Refinance options in Kentucky by loan type

FHA streamline refinance

VA IRRRL

Jumbo refinance

Cash-out refinance or HELOC

Kentucky refinance FAQs

Related Kentucky mortgage pages

Loan Officers in Kentucky

Ashley Higdon

Tim Summers

Matt Groves

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