Mortgage Rates in Crossville, Tennessee — March 2026
Updated March 2026 | Based on Crossville market data and regional lending conditions
Crossville is a growing city in Tennessee with a population of 12,180. The current 30-year fixed mortgage rate in Crossville is 6.89%, which is 0.24% above the national average. With a median home price of $275,000 and a 20% down payment of $55,000, homebuyers can expect a monthly principal and interest payment of approximately $1,447.
Current Mortgage Rates in Crossville, TN
Below are the current average mortgage rates available in the Crossville 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 | 6.89% | 6.65% | +0.24% |
| 15-Year Fixed | 6.11% | 5.89% | +0.22% |
| 5/1 ARM | 6.34% | 6.15% | +0.19% |
| FHA | 6.57% | 6.25% | +0.32% |
| VA | 6.32% | 6.05% | +0.27% |
| Jumbo | 7.14% | 6.85% | +0.29% |
Crossville Housing Market Overview
The Crossville housing market offers relatively affordable housing compared to many major cities. The median household income in Crossville is $48,700, and the cost of living index is 85.3 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $68,871 to comfortably afford the median-priced home in Crossville, which exceeds the current median household income.
Monthly Payment Breakdown for Crossville
Based on the median home price of $275,000 with 20% down ($55,000), here is what you can expect to pay monthly in Crossville:
15-Year vs. 30-Year Mortgage in Crossville
Choosing a 15-year mortgage in Crossville at 6.11% instead of a 30-year at 6.89% would save you $184,320 in total interest over the life of the loan. However, your monthly payment would be $1,870 instead of $1,447 — an increase of $423 per month.
Calculate Your Crossville 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 Crossville
What are the current mortgage rates in Crossville, TN?
As of March 2026, the average 30-year fixed mortgage rate in Crossville, Tennessee is 6.89%, while the 15-year fixed rate is 6.11%. FHA loans average 6.57% and VA loans 6.32%. These rates are 0.24% above the national average of 6.65%.
How much is a monthly mortgage payment in Crossville?
Based on the median home price of $275,000 with 20% down, the estimated monthly mortgage payment in Crossville is $1,447 for principal and interest. Including property taxes of $160/month, the total monthly housing cost is approximately $1,607.
What income do I need to buy a home in Crossville?
Using the 28% rule, you would need an annual income of approximately $68,871 to afford the median-priced home in Crossville at $275,000. The median household income in Crossville is $48,700. This means most households would need to either earn above the median or consider homes below $275,000.
Is Crossville a good place to buy a home in 2026?
Crossville offers a below-average cost of living with a cost of living index of 85.3 (national average = 100). The property tax rate in Tennessee is 0.7%, which is below the national average. Crossville has a population of 12,180 and offers a very affordable lifestyle.
Mortgage Rates in Other Tennessee Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Crossville, Tennessee area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.