Chaffee County ranks third in Colorado for the best place to get a mortgage, according to new statistics from finance website SmartAsset.com.

The ranking was based on Chaffee County’s loan funding rate for loan applicants, 5-year borrowing costs, property taxes and annual mortgage payments.

Only top-ranked La Plata County and runner-up Broomfield County placed higher than Chaffee County.

Other counties on Smart Asset’s top 10 list include Lake, Douglas, Mesa, Larimer, Eagle, Phillips and Teller.

The calculations were based on a $250,000 mortgage with a 20-percent down payment, including closing costs. Data sources include the Mortgage Bankers Association, U.S. Census and Bankrate.

More information is available at smartasset.com/mortgage/mortgage-rates#colorado.

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