Mortgage Rates in Dillon, South Carolina — March 2026
Updated March 2026 | Based on Dillon market data and regional lending conditions
Dillon is a growing city in South Carolina with a population of 6,316. The current 30-year fixed mortgage rate in Dillon is 6.66%, which is 0.01% above the national average. With a median home price of $224,000 and a 20% down payment of $44,800, homebuyers can expect a monthly principal and interest payment of approximately $1,152.
Current Mortgage Rates in Dillon, SC
Below are the current average mortgage rates available in the Dillon 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 | 6.66% | 6.65% | +0.01% |
| 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 | 6.91% | 6.85% | +0.06% |
Dillon Housing Market Overview
The Dillon housing market offers relatively affordable housing compared to many major cities. The median household income in Dillon is $57,200, and the cost of living index is 86.6 (national average = 100). Based on the 28% affordability rule, the median income in Dillon is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Dillon
Based on the median home price of $224,000 with 20% down ($44,800), here is what you can expect to pay monthly in Dillon:
15-Year vs. 30-Year Mortgage in Dillon
Choosing a 15-year mortgage in Dillon at 5.92% instead of a 30-year at 6.66% would save you $144,000 in total interest over the life of the loan. However, your monthly payment would be $1,504 instead of $1,152 — an increase of $352 per month.
Calculate Your Dillon 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 Dillon
What are the current mortgage rates in Dillon, SC?
As of March 2026, the average 30-year fixed mortgage rate in Dillon, South Carolina is 6.66%, while the 15-year fixed rate is 5.92%. FHA loans average 6.46% and VA loans 6.21%. These rates are 0.01% above the national average of 6.65%.
How much is a monthly mortgage payment in Dillon?
Based on the median home price of $224,000 with 20% down, the estimated monthly mortgage payment in Dillon is $1,152 for principal and interest. Including property taxes of $108/month, the total monthly housing cost is approximately $1,260.
What income do I need to buy a home in Dillon?
Using the 28% rule, you would need an annual income of approximately $54,000 to afford the median-priced home in Dillon at $224,000. The median household income in Dillon is $57,200. The median income is currently sufficient to meet this threshold.
Is Dillon a good place to buy a home in 2026?
Dillon offers a below-average cost of living with a cost of living index of 86.6 (national average = 100). The property tax rate in South Carolina is 0.58%, which is below the national average. Dillon has a population of 6,316 and offers a very affordable lifestyle.
Mortgage Rates in Other South Carolina Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Dillon, South Carolina area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.