Mortgage Rates in Denton, Texas — March 2026
Updated March 2026 | Based on Denton market data and regional lending conditions
Denton is a growing city in Texas with a population of 148,146. The current 30-year fixed mortgage rate in Denton is 6.7%, which is 0.05% above the national average. With a median home price of $325,000 and a 20% down payment of $65,000, homebuyers can expect a monthly principal and interest payment of approximately $1,678.
Current Mortgage Rates in Denton, TX
Below are the current average mortgage rates available in the Denton 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 | 6.7% | 6.65% | +0.05% |
| 15-Year Fixed | 5.94% | 5.89% | +0.05% |
| 5/1 ARM | 6.2% | 6.15% | +0.05% |
| FHA | 6.3% | 6.25% | +0.05% |
| VA | 6.1% | 6.05% | +0.05% |
| Jumbo | 6.9% | 6.85% | +0.05% |
Denton Housing Market Overview
The Denton housing market reflects moderate demand with prices near the national average. The median household income in Denton is $55,250, and the cost of living index is 93.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $92,829 to comfortably afford the median-priced home in Denton, which exceeds the current median household income.
Monthly Payment Breakdown for Denton
Based on the median home price of $325,000 with 20% down ($65,000), here is what you can expect to pay monthly in Denton:
15-Year vs. 30-Year Mortgage in Denton
Choosing a 15-year mortgage in Denton at 5.94% instead of a 30-year at 6.7% would save you $210,600 in total interest over the life of the loan. However, your monthly payment would be $2,186 instead of $1,678 — an increase of $508 per month.
Calculate Your Denton 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 Denton
What are the current mortgage rates in Denton, TX?
As of March 2026, the average 30-year fixed mortgage rate in Denton, Texas is 6.7%, while the 15-year fixed rate is 5.94%. FHA loans average 6.3% and VA loans 6.1%. These rates are 0.05% above the national average of 6.65%.
How much is a monthly mortgage payment in Denton?
Based on the median home price of $325,000 with 20% down, the estimated monthly mortgage payment in Denton is $1,678 for principal and interest. Including property taxes of $488/month, the total monthly housing cost is approximately $2,166.
What income do I need to buy a home in Denton?
Using the 28% rule, you would need an annual income of approximately $92,829 to afford the median-priced home in Denton at $325,000. The median household income in Denton is $55,250. This means most households would need to either earn above the median or consider homes below $325,000.
Is Denton a good place to buy a home in 2026?
Denton offers a below-average cost of living with a cost of living index of 93.5 (national average = 100). The property tax rate in Texas is 1.8%, which is above the national average. Denton has a population of 148,146 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 Denton, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.