Mortgage Refinance Rates in Colorado (2026)
With Colorado's median value near $545,000, a homeowner refinancing a typical $371,000 balance from about 7.50% to 6.25% saves roughly $310/month — breaking even on ~$9,275 of costs near month 30.
Whether you want a smaller payment or cash from your Colorado equity, the break-even is what decides if it is worth it. 6 Colorado counties are high-cost, raising the conforming ceiling there.
Refinance snapshot by Colorado county
| County | Est. Value | 2026 Conforming Limit | Tier |
|---|---|---|---|
| El Paso County | $460,000 | $806,500 | Baseline |
| Denver County | $580,000 | $893,000 | High-cost |
| Arapahoe County | $510,000 | $893,000 | High-cost |
| Jefferson County | $610,000 | $893,000 | High-cost |
| Adams County | $490,000 | $893,000 | High-cost |
| Douglas County | $680,000 | $893,000 | High-cost |
| Larimer County | $560,000 | $806,500 | Baseline |
| Weld County | $470,000 | $806,500 | Baseline |
| Boulder County | $760,000 | $1,249,125 | High-cost |
| Broomfield County | $545,000 | $806,500 | Baseline |
| Garfield County | $545,000 | $806,500 | Baseline |
| La Plata County | $545,000 | $806,500 | Baseline |
| Eagle County | $545,000 | $806,500 | Baseline |
| Montrose County | $545,000 | $806,500 | Baseline |
| Delta County | $545,000 | $806,500 | Baseline |
| Fremont County | $545,000 | $806,500 | Baseline |
| Logan County | $545,000 | $806,500 | Baseline |
| Morgan County | $545,000 | $806,500 | Baseline |
| Summit County | $545,000 | $806,500 | Baseline |
| Routt County | $545,000 | $806,500 | Baseline |
| Montezuma County | $545,000 | $806,500 | Baseline |
| Otero County | $545,000 | $806,500 | Baseline |
| Pueblo County | $310,000 | $806,500 | Baseline |
| Mesa County | $400,000 | $806,500 | Baseline |
Should you refinance in Colorado?
It comes down to your break-even. Take your closing costs (often 2-5% of the balance) and divide by your monthly savings — if you will stay in the home past that month count, refinancing usually wins. Cash-out makes sense when the rate and use of funds beat your other borrowing options.
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Frequently Asked Questions
- How much can refinancing save in Colorado?
- On a $371,000 balance near the Colorado median, dropping from ~7.50% to 6.25% saves about $310/month. Your figure depends on your current rate and balance.
- What is the conforming loan limit in Colorado for 2026?
- Most Colorado counties use the $806,500 baseline; high-cost counties go up to $1,209,750. Above that, refinances are jumbo loans.