Mortgage Rates in Bonner Springs, Kansas — March 2026
Updated March 2026 | Based on Bonner Springs market data and regional lending conditions
Bonner Springs is a growing city in Kansas with a population of 8,024. The current 30-year fixed mortgage rate in Bonner Springs is 6.83%, which is 0.18% above the national average. With a median home price of $156,000 and a 20% down payment of $31,200, homebuyers can expect a monthly principal and interest payment of approximately $816.
Current Mortgage Rates in Bonner Springs, KS
Below are the current average mortgage rates available in the Bonner Springs 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 | 6.83% | 6.65% | +0.18% |
| 15-Year Fixed | 6.05% | 5.89% | +0.16% |
| 5/1 ARM | 6.3% | 6.15% | +0.15% |
| FHA | 6.54% | 6.25% | +0.29% |
| VA | 6.29% | 6.05% | +0.24% |
| Jumbo | 7.08% | 6.85% | +0.23% |
Bonner Springs Housing Market Overview
The Bonner Springs housing market offers relatively affordable housing compared to many major cities. The median household income in Bonner Springs is $51,600, and the cost of living index is 79.5 (national average = 100). Based on the 28% affordability rule, the median income in Bonner Springs is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Bonner Springs
Based on the median home price of $156,000 with 20% down ($31,200), here is what you can expect to pay monthly in Bonner Springs:
15-Year vs. 30-Year Mortgage in Bonner Springs
Choosing a 15-year mortgage in Bonner Springs at 6.05% instead of a 30-year at 6.83% would save you $103,500 in total interest over the life of the loan. However, your monthly payment would be $1,057 instead of $816 — an increase of $241 per month.
Calculate Your Bonner Springs 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 Bonner Springs
What are the current mortgage rates in Bonner Springs, KS?
As of March 2026, the average 30-year fixed mortgage rate in Bonner Springs, Kansas is 6.83%, while the 15-year fixed rate is 6.05%. FHA loans average 6.54% and VA loans 6.29%. These rates are 0.18% above the national average of 6.65%.
How much is a monthly mortgage payment in Bonner Springs?
Based on the median home price of $156,000 with 20% down, the estimated monthly mortgage payment in Bonner Springs is $816 for principal and interest. Including property taxes of $178/month, the total monthly housing cost is approximately $994.
What income do I need to buy a home in Bonner Springs?
Using the 28% rule, you would need an annual income of approximately $42,600 to afford the median-priced home in Bonner Springs at $156,000. The median household income in Bonner Springs is $51,600. The median income is currently sufficient to meet this threshold.
Is Bonner Springs a good place to buy a home in 2026?
Bonner Springs offers a below-average cost of living with a cost of living index of 79.5 (national average = 100). The property tax rate in Kansas is 1.37%, which is near the national average. Bonner Springs has a population of 8,024 and offers a very affordable lifestyle.
Mortgage Rates in Other Kansas Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Bonner Springs, Kansas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.