WA mortgage rates

Island County

Clear, current 2026 mortgage and refinance loan limits for homeowners in Island County, Washington. Use the verified baseline numbers below to calculate your refinance payment, evaluate your home equity, and monitor when rate alerts make refinancing advantageous.

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2026 limits

2026 Mortgage Loan Limits

Island County

Conforming Loan Limits

Per property
1 unit$832,750
2 units$1,066,250
3 units$1,288,800
4 units$1,601,750

FHA Loan Limits

Per property
1 unit$671,600
2 units$859,750
3 units$1,039,250
4 units$1,291,550

Source: Official Federal Housing Finance Agency (FHFA) and HUD loan limit schedules. Conforming data represents conventional maximums. Last synchronized: 2026 update cycle.

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Refinance Payment Estimate

Estimate Your Refinance in Island County

Use your current mortgage details to estimate a new refinance payment and potential monthly savings.

Estimated New Monthly Payment$2,528Principal & interest only
Home value − mortgage balance
Mortgage balance ÷ home value
Added to the proposed new loan
Proposed New Loan Amount$400,000
Estimated New Payment$2,528
Estimated Monthly SavingsAdd current rate

Estimates include principal and interest only. Taxes, insurance, closing costs, and mortgage insurance are not included.

About Island

A local view of the market.

Island County, Washington, has a dynamic real estate market with a median home sale price of approximately $635,000 as of September 2024. This represents a slight decrease of 2.3% compared to the previous year. Homes in the county typically sell after an average of 39 days on the market, indicating a moderately active market. The county is home to several notable cities, including Oak Harbor, Coupeville, and Langley. Oak Harbor is the largest city with a population of around 23,000 residents, serving as a hub for the surrounding areas. Coupeville, with its historic charm, has a smaller population of about 2,000, while Langley, known for its artistic community, has around 1,100 residents. These cities contribute to the county's diverse cultural and economic landscape. Island County offers a mix of rural and suburban living, with a strong presence of agriculture and small farms alongside suburban neighborhoods. The top industries in the area include tourism, agriculture, and the military, with Naval Air Station Whidbey Island being a significant employer. The county attracts new residents due to its scenic beauty, outdoor recreational opportunities, and a slower-paced lifestyle compared to urban centers, making it an appealing destination for those seeking a balance between rural and suburban living.

County snapshot

Market context.

WA

Public location data associated with this county record. Optional fields are shown only when present in the source.

Market areaOak HarborMapped market area
Area code36020CBSA / MSA reference
Featured communityOak HarborFrom the county record
Data year2026Aligned with this limit record
Oak Harbor
Top cities & communities

Communities to explore.

Oak Harbor
Questions & Answers

Refinancing in Island County

Common questions about 2026 loan limits and refinancing opportunities in Washington.

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