Mortgage Refinance Rates in Daviess County, Kentucky (2026)
From Daviess County, Daviess County owners refinancing a ~$139,000 balance can save close to $116/month by trading a 7.50% rate for an example 6.25%.
Refinance savings in Daviess County
Here is how a rate-and-term refinance changes the monthly payment on a representative Daviess County balance:
| Monthly Principal & Interest | Amount |
|---|---|
| Current loan at ~7.50% | $972 |
| After refinancing at ~6.25% | $856 |
| Estimated monthly savings | $116 |
Illustrative only; the rate you are quoted near Daviess County depends on your credit, equity, and the day you lock. Get alerts when rates drop.
Three Daviess County-area balances compared
Bigger balances save more each month. Here is the same 7.50%-to-6.25% move across three Daviess County loan sizes:
| Balance | Now (~7.50%) | Refi (~6.25%) | Monthly Saved |
|---|---|---|---|
| $97,000 | $678 | $597 | $81 |
| $139,000 | $972 | $856 | $116 |
| $188,000 | $1,315 | $1,158 | $157 |
What each rate costs near Daviess County
Here is the monthly principal and interest on a $139,000 Daviess County balance at a range of rates, for both 30- and 15-year terms:
| Rate | 30-yr P&I | 15-yr P&I |
|---|---|---|
| 5.50% | $789 | $1,136 |
| 5.75% | $811 | $1,154 |
| 6.00% | $833 | $1,173 |
| 6.25% | $856 | $1,192 |
| 6.50% | $879 | $1,211 |
| 6.75% | $902 | $1,230 |
| 7.00% | $925 | $1,249 |
A 15-year refinance of $139,000 near Daviess County runs about $1,192/month versus $856 on a 30-year — a higher payment near Daviess County but far less total interest over the life of the Daviess County loan.
Cash-out refinance in Daviess County
With values near $204,000, an 80% cash-out leaves about $24,200 available in Daviess County after paying off the current $139,000 balance.
| Cash-Out Figure | Amount |
|---|---|
| Estimated home value | $204,000 |
| Typical current balance | $139,000 |
| 80% LTV ceiling (new loan) | $163,200 |
| Estimated cash available | $24,200 |
In Daviess County, Kentucky, property taxes average roughly 0.85% of value, so escrow on a $204,000 home adds about $145/month beyond principal and interest. A $139,000 balance sits near 68% loan-to-value, leaving about $65,000 in equity — room for a rate-and-term refinance now and a cash-out later around Daviess County.
Daviess County loan limits for 2026
Daviess County's 2026 conforming limit is $806,500 for a single-family home — the national baseline used across most of the South. Refinance a balance above it and you are in jumbo territory, which carries its own rates and guidelines.
- Daviess County value about $204,000 with a $139,000 balance (~68% LTV).
- Monthly savings near $116; break-even around month 30 on $3,475 of costs.
- Five-year net of about $3,489 and cash-out room near $24,200.
- Conforming limit $806,500; current equity roughly $65,000 near Daviess County.
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Frequently Asked Questions
- How much can I save refinancing in Daviess County in 2026?
- On a typical $139,000 balance, moving from about 7.50% to 6.25% saves roughly $116/month in principal and interest. Your savings depend on your current rate, balance, and term.
- How much cash can I take out of my Daviess County-area home?
- Conventional cash-out refinances are capped at 80% of appraised value. On an estimated $204,000 Daviess County home with a $139,000 balance, that is about $24,200 in available cash.
- What is the conforming loan limit in Daviess County for 2026?
- The 2026 conforming limit is $806,500 for a one-unit home (the national baseline). Refinances above that are jumbo loans.
- When does a refinance pay off in Daviess County?
- Divide your closing costs (about $3,475 here) by your monthly savings. In this example you break even near month 30 — refinance only if you will keep the home past that.
- How much equity is in a typical Daviess County-area home?
- On an estimated $204,000 value with a $139,000 balance, that is about $65,000 in equity — roughly 32%. A conventional cash-out requires you to keep 20%.
- Is now a good time to refinance in Daviess County?
- A common rule of thumb: refinance when you can cut your rate by about 0.75 to 1% and stay past your break-even (near month 30 here). On a $139,000 Daviess County balance, that move is worth roughly $116 a month.