Monument Broker / Home financing · Updated October 13, 2026
Mortgage Interest Rates in Monument, Colorado
Compare published conventional, FHA and VA home-loan options from Wings Credit Union, Air Academy Credit Union and Navy Federal. See the interest rate, APR, points and effective date—then calculate what different payments could look like for a Monument home.
01 / Published lender rates
Compare the rate and the borrowing costs.
These are lender-advertised purchase-loan examples, not preapprovals or guaranteed Monument-specific quotes. Published lender effective dates differ. Review points, APR, credit-score assumptions, loan size, loan-to-value and membership eligibility before comparing offers.
| Lender & loan | Last published rate as low as | APR as low as | Points | Lender effective date | Source |
|---|---|---|---|---|---|
| Wings Credit UnionConventional 30-year purchase | 7.250%Older published example | 7.338% | 1.000 | Reconfirm with lender | Official rates |
| Wings Credit UnionConventional 15-year purchase | 6.500%Older published example | 6.739% | 1.000 | Reconfirm with lender | Official rates |
| Air Academy Credit UnionConventional 30-year fixed | 6.375%Older published example | 6.426% | Ask lender | Reconfirm with lender | Official rates |
| Air Academy Credit UnionConventional 15-year fixed | 5.875%Older published example | 5.957% | Ask lender | Reconfirm with lender | Official rates |
| Navy Federal Credit UnionConventional 30-year fixed | 7.000% | 7.189% | 0.875 | Official rates | |
| Navy Federal Credit UnionConventional 15-year fixed | 6.375% | 6.614% | 0.500 | Official rates | |
| Navy Federal Credit UnionVA 30-year fixed | 6.625% | 7.098% | 0.750 | Official rates | |
| Navy Federal Credit UnionVA 15-year fixed | 6.250% | 6.961% | 0.500 | Official rates |
02 / Loan-program details
Conventional, FHA and VA loans are not interchangeable.
The program that fits a buyer’s eligibility and long-term costs can matter more than the lowest advertised rate.
Conventional financing
Conventional 30-year and 15-year mortgages generally depend on credit history, down payment, property use and lender underwriting. The rate and APR need to be compared at consistent points and closing costs. Private mortgage insurance may be required with less than 20% down.
FHA loans
FHA-insured financing can be relevant to buyers with lower down payments or different credit profiles. FHA mortgage insurance affects the overall cost. Air Academy publishes “Call for Rate Quote” for FHA rather than an online FHA rate. Wings’ Colorado FHA product has a separate official pricing page, but a dated, comparable FHA rate was not independently verified for this table. Explore Wings’ FHA options.
VA loans
Qualified service members, veterans and certain spouses may use VA financing. No down payment may be possible, and most VA loans do not require monthly PMI; funding fees and eligibility conditions may still apply. Navy Federal advertises VA rates but restricts membership to eligible households. Air Academy lists VA as Call for Rate Quote. Review Navy Federal VA terms.
03 / Payment estimator
What could that interest rate mean each month?
Change the home price, down payment, interest rate and loan term to compare the monthly principal-and-interest payment. This calculator runs in your browser and does not send your inputs anywhere.
The result excludes property taxes, insurance, HOA/metro-district costs, PMI, FHA mortgage insurance and VA funding fees. Use it for planning, not as a financing offer.
04 / Local ownership costs
Mortgage payment is only one part of the budget.
Monument neighborhoods can include distinct HOAs, special districts and metro-district property taxes. A lender’s generic calculator cannot determine a property’s actual annual tax bill or association assessments from ZIP code alone. Buying in Forest Lakes, Woodmoor, Jackson Creek or an acreage community requires property-specific verification.
05 / Frequently asked questions
Monument mortgage questions
Are Monument mortgage rates different from Colorado Springs?
Mortgage pricing is generally based on the lender, loan program, borrower and property rather than the name of the town. Individual rates and eligibility can differ, so request a written Loan Estimate for the actual property.
Why is APR different from interest rate?
The interest rate sets the loan’s interest charge; APR is a broader annualized cost measure that can include certain upfront fees. APR comparisons still require review of loan type, points, term and assumptions.
Can I compare a VA APR directly with an FHA APR?
Not without reviewing the different mortgage insurance, funding-fee and financing assumptions. Ask lenders for personalized Loan Estimates reflecting the same purchase scenario.
How often is this website updated?
The page is scheduled for a weekly source review. Published rates change more frequently. The source effective dates shown in the comparison should be checked before making a financing decision.