Mortgage Rates in Burlington, Kentucky — March 2026
Updated March 2026 | Based on Burlington market data and regional lending conditions
Burlington is a growing city in Kentucky with a population of 19,038. The current 30-year fixed mortgage rate in Burlington is 6.67%, which is 0.02% above the national average. With a median home price of $179,000 and a 20% down payment of $35,800, homebuyers can expect a monthly principal and interest payment of approximately $921.
Current Mortgage Rates in Burlington, KY
Below are the current average mortgage rates available in the Burlington 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 | 6.67% | 6.65% | +0.02% |
| 15-Year Fixed | 5.92% | 5.89% | +0.03% |
| 5/1 ARM | 6.2% | 6.15% | +0.05% |
| FHA | 6.46% | 6.25% | +0.21% |
| VA | 6.21% | 6.05% | +0.16% |
| Jumbo | 6.92% | 6.85% | +0.07% |
Burlington Housing Market Overview
The Burlington housing market offers relatively affordable housing compared to many major cities. The median household income in Burlington is $45,800, and the cost of living index is 85.8 (national average = 100). Based on the 28% affordability rule, the median income in Burlington is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Burlington
Based on the median home price of $179,000 with 20% down ($35,800), here is what you can expect to pay monthly in Burlington:
15-Year vs. 30-Year Mortgage in Burlington
Choosing a 15-year mortgage in Burlington at 5.92% instead of a 30-year at 6.67% would save you $115,200 in total interest over the life of the loan. However, your monthly payment would be $1,202 instead of $921 — an increase of $281 per month.
Calculate Your Burlington 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 Burlington
What are the current mortgage rates in Burlington, KY?
As of March 2026, the average 30-year fixed mortgage rate in Burlington, Kentucky is 6.67%, while the 15-year fixed rate is 5.92%. FHA loans average 6.46% and VA loans 6.21%. These rates are 0.02% above the national average of 6.65%.
How much is a monthly mortgage payment in Burlington?
Based on the median home price of $179,000 with 20% down, the estimated monthly mortgage payment in Burlington is $921 for principal and interest. Including property taxes of $122/month, the total monthly housing cost is approximately $1,043.
What income do I need to buy a home in Burlington?
Using the 28% rule, you would need an annual income of approximately $44,700 to afford the median-priced home in Burlington at $179,000. The median household income in Burlington is $45,800. The median income is currently sufficient to meet this threshold.
Is Burlington a good place to buy a home in 2026?
Burlington offers a below-average cost of living with a cost of living index of 85.8 (national average = 100). The property tax rate in Kentucky is 0.82%, which is near the national average. Burlington has a population of 19,038 and offers a very affordable lifestyle.
Mortgage Rates in Other Kentucky Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Burlington, Kentucky area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.