Mortgage Rates in Cedar Hill, Texas — March 2026
Updated March 2026 | Based on Cedar Hill market data and regional lending conditions
Cedar Hill is a growing city in Texas with a population of 48,937. The current 30-year fixed mortgage rate in Cedar Hill is 6.6%, which is 0.05% below the national average. With a median home price of $257,000 and a 20% down payment of $51,400, homebuyers can expect a monthly principal and interest payment of approximately $1,313.
Current Mortgage Rates in Cedar Hill, TX
Below are the current average mortgage rates available in the Cedar Hill 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 | 6.6% | 6.65% | -0.05% |
| 15-Year Fixed | 5.87% | 5.89% | -0.02% |
| 5/1 ARM | 6.16% | 6.15% | +0.01% |
| FHA | 6.43% | 6.25% | +0.18% |
| VA | 6.18% | 6.05% | +0.13% |
| Jumbo | 6.85% | 6.85% | 0% |
Cedar Hill Housing Market Overview
The Cedar Hill housing market offers relatively affordable housing compared to many major cities. The median household income in Cedar Hill is $52,700, and the cost of living index is 85.9 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $73,157 to comfortably afford the median-priced home in Cedar Hill, which exceeds the current median household income.
Monthly Payment Breakdown for Cedar Hill
Based on the median home price of $257,000 with 20% down ($51,400), here is what you can expect to pay monthly in Cedar Hill:
15-Year vs. 30-Year Mortgage in Cedar Hill
Choosing a 15-year mortgage in Cedar Hill at 5.87% instead of a 30-year at 6.6% would save you $162,900 in total interest over the life of the loan. However, your monthly payment would be $1,721 instead of $1,313 — an increase of $408 per month.
Calculate Your Cedar Hill 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 Cedar Hill
What are the current mortgage rates in Cedar Hill, TX?
As of March 2026, the average 30-year fixed mortgage rate in Cedar Hill, Texas is 6.6%, while the 15-year fixed rate is 5.87%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.05% below the national average of 6.65%.
How much is a monthly mortgage payment in Cedar Hill?
Based on the median home price of $257,000 with 20% down, the estimated monthly mortgage payment in Cedar Hill is $1,313 for principal and interest. Including property taxes of $394/month, the total monthly housing cost is approximately $1,707.
What income do I need to buy a home in Cedar Hill?
Using the 28% rule, you would need an annual income of approximately $73,157 to afford the median-priced home in Cedar Hill at $257,000. The median household income in Cedar Hill is $52,700. This means most households would need to either earn above the median or consider homes below $257,000.
Is Cedar Hill a good place to buy a home in 2026?
Cedar Hill offers a below-average cost of living with a cost of living index of 85.9 (national average = 100). The property tax rate in Texas is 1.84%, which is above the national average. Cedar Hill has a population of 48,937 and offers a very affordable lifestyle.
Mortgage Rates in Other Texas Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Cedar Hill, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.