Mortgage Rates in Cedar Park, Texas — March 2026
Updated March 2026 | Based on Cedar Park market data and regional lending conditions
Cedar Park is a growing city in Texas with a population of 79,462. The current 30-year fixed mortgage rate in Cedar Park is 6.8%, which is 0.15% above the national average. With a median home price of $311,000 and a 20% down payment of $62,200, homebuyers can expect a monthly principal and interest payment of approximately $1,622.
Current Mortgage Rates in Cedar Park, TX
Below are the current average mortgage rates available in the Cedar Park 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 | 6.8% | 6.65% | +0.15% |
| 15-Year Fixed | 6.03% | 5.89% | +0.14% |
| 5/1 ARM | 6.28% | 6.15% | +0.13% |
| FHA | 6.52% | 6.25% | +0.27% |
| VA | 6.27% | 6.05% | +0.22% |
| Jumbo | 7.05% | 6.85% | +0.2% |
Cedar Park Housing Market Overview
The Cedar Park housing market reflects moderate demand with prices near the national average. The median household income in Cedar Park is $67,100, and the cost of living index is 91 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $89,400 to comfortably afford the median-priced home in Cedar Park, which exceeds the current median household income.
Monthly Payment Breakdown for Cedar Park
Based on the median home price of $311,000 with 20% down ($62,200), here is what you can expect to pay monthly in Cedar Park:
15-Year vs. 30-Year Mortgage in Cedar Park
Choosing a 15-year mortgage in Cedar Park at 6.03% instead of a 30-year at 6.8% would save you $205,200 in total interest over the life of the loan. However, your monthly payment would be $2,104 instead of $1,622 — an increase of $482 per month.
Calculate Your Cedar Park 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 Park
What are the current mortgage rates in Cedar Park, TX?
As of March 2026, the average 30-year fixed mortgage rate in Cedar Park, Texas is 6.8%, while the 15-year fixed rate is 6.03%. FHA loans average 6.52% and VA loans 6.27%. These rates are 0.15% above the national average of 6.65%.
How much is a monthly mortgage payment in Cedar Park?
Based on the median home price of $311,000 with 20% down, the estimated monthly mortgage payment in Cedar Park is $1,622 for principal and interest. Including property taxes of $464/month, the total monthly housing cost is approximately $2,086.
What income do I need to buy a home in Cedar Park?
Using the 28% rule, you would need an annual income of approximately $89,400 to afford the median-priced home in Cedar Park at $311,000. The median household income in Cedar Park is $67,100. This means most households would need to either earn above the median or consider homes below $311,000.
Is Cedar Park a good place to buy a home in 2026?
Cedar Park offers a below-average cost of living with a cost of living index of 91 (national average = 100). The property tax rate in Texas is 1.79%, which is above the national average. Cedar Park has a population of 79,462 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 Cedar Park, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.