Mortgage Rates in Abilene, Texas — March 2026
Updated March 2026 | Based on Abilene market data and regional lending conditions
Abilene is a growing city in Texas with a population of 125,182. The current 30-year fixed mortgage rate in Abilene is 6.7%, which is 0.05% above the national average. With a median home price of $175,000 and a 20% down payment of $35,000, homebuyers can expect a monthly principal and interest payment of approximately $903.
Current Mortgage Rates in Abilene, TX
Below are the current average mortgage rates available in the Abilene area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.7% | 6.65% | +0.05% |
| 15-Year Fixed | 5.94% | 5.89% | +0.05% |
| 5/1 ARM | 6.2% | 6.15% | +0.05% |
| FHA | 6.3% | 6.25% | +0.05% |
| VA | 6.1% | 6.05% | +0.05% |
| Jumbo | 6.9% | 6.85% | +0.05% |
Abilene Housing Market Overview
The Abilene housing market offers relatively affordable housing compared to many major cities. The median household income in Abilene is $45,250, and the cost of living index is 82.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $49,971 to comfortably afford the median-priced home in Abilene, which exceeds the current median household income.
Monthly Payment Breakdown for Abilene
Based on the median home price of $175,000 with 20% down ($35,000), here is what you can expect to pay monthly in Abilene:
15-Year vs. 30-Year Mortgage in Abilene
Choosing a 15-year mortgage in Abilene at 5.94% instead of a 30-year at 6.7% would save you $113,220 in total interest over the life of the loan. However, your monthly payment would be $1,177 instead of $903 — an increase of $274 per month.
Calculate Your Abilene Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Abilene
What are the current mortgage rates in Abilene, TX?
As of March 2026, the average 30-year fixed mortgage rate in Abilene, Texas is 6.7%, while the 15-year fixed rate is 5.94%. FHA loans average 6.3% and VA loans 6.1%. These rates are 0.05% above the national average of 6.65%.
How much is a monthly mortgage payment in Abilene?
Based on the median home price of $175,000 with 20% down, the estimated monthly mortgage payment in Abilene is $903 for principal and interest. Including property taxes of $263/month, the total monthly housing cost is approximately $1,166.
What income do I need to buy a home in Abilene?
Using the 28% rule, you would need an annual income of approximately $49,971 to afford the median-priced home in Abilene at $175,000. The median household income in Abilene is $45,250. This means most households would need to either earn above the median or consider homes below $175,000.
Is Abilene a good place to buy a home in 2026?
Abilene offers a below-average cost of living with a cost of living index of 82.5 (national average = 100). The property tax rate in Texas is 1.8%, which is above the national average. Abilene has a population of 125,182 and offers a very affordable lifestyle.
Mortgage Rates in Other Texas Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Abilene, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.