Mortgage Rates in Beckley, West Virginia — March 2026
Updated March 2026 | Based on Beckley market data and regional lending conditions
Beckley is a growing city in West Virginia with a population of 16,918. The current 30-year fixed mortgage rate in Beckley is 6.75%, which is 0.1% above the national average. With a median home price of $115,000 and a 20% down payment of $23,000, homebuyers can expect a monthly principal and interest payment of approximately $597.
Current Mortgage Rates in Beckley, WV
Below are the current average mortgage rates available in the Beckley 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 | 6.75% | 6.65% | +0.1% |
| 15-Year Fixed | 5.99% | 5.89% | +0.1% |
| 5/1 ARM | 6.25% | 6.15% | +0.1% |
| FHA | 6.35% | 6.25% | +0.1% |
| VA | 6.15% | 6.05% | +0.1% |
| Jumbo | 6.95% | 6.85% | +0.1% |
Beckley Housing Market Overview
The Beckley housing market offers relatively affordable housing compared to many major cities. The median household income in Beckley is $32,250, and the cost of living index is 78.5 (national average = 100). Based on the 28% affordability rule, the median income in Beckley is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Beckley
Based on the median home price of $115,000 with 20% down ($23,000), here is what you can expect to pay monthly in Beckley:
15-Year vs. 30-Year Mortgage in Beckley
Choosing a 15-year mortgage in Beckley at 5.99% instead of a 30-year at 6.75% would save you $75,240 in total interest over the life of the loan. However, your monthly payment would be $776 instead of $597 — an increase of $179 per month.
Calculate Your Beckley 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 Beckley
What are the current mortgage rates in Beckley, WV?
As of March 2026, the average 30-year fixed mortgage rate in Beckley, West Virginia is 6.75%, while the 15-year fixed rate is 5.99%. FHA loans average 6.35% and VA loans 6.15%. These rates are 0.1% above the national average of 6.65%.
How much is a monthly mortgage payment in Beckley?
Based on the median home price of $115,000 with 20% down, the estimated monthly mortgage payment in Beckley is $597 for principal and interest. Including property taxes of $56/month, the total monthly housing cost is approximately $653.
What income do I need to buy a home in Beckley?
Using the 28% rule, you would need an annual income of approximately $27,986 to afford the median-priced home in Beckley at $115,000. The median household income in Beckley is $32,250. The median income is currently sufficient to meet this threshold.
Is Beckley a good place to buy a home in 2026?
Beckley offers a below-average cost of living with a cost of living index of 78.5 (national average = 100). The property tax rate in West Virginia is 0.58%, which is below the national average. Beckley has a population of 16,918 and offers a very affordable lifestyle.
Mortgage Rates in Other West Virginia Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Beckley, West Virginia area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.