Mortgage Rates in Fountain Inn, South Carolina — March 2026
Updated March 2026 | Based on Fountain Inn market data and regional lending conditions
Fountain Inn is a growing city in South Carolina with a population of 10,784. The current 30-year fixed mortgage rate in Fountain Inn is 6.71%, which is 0.06% above the national average. With a median home price of $230,000 and a 20% down payment of $46,000, homebuyers can expect a monthly principal and interest payment of approximately $1,189.
Current Mortgage Rates in Fountain Inn, SC
Below are the current average mortgage rates available in the Fountain Inn 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 | 6.71% | 6.65% | +0.06% |
| 15-Year Fixed | 5.96% | 5.89% | +0.07% |
| 5/1 ARM | 6.23% | 6.15% | +0.08% |
| FHA | 6.48% | 6.25% | +0.23% |
| VA | 6.23% | 6.05% | +0.18% |
| Jumbo | 6.96% | 6.85% | +0.11% |
Fountain Inn Housing Market Overview
The Fountain Inn housing market offers relatively affordable housing compared to many major cities. The median household income in Fountain Inn is $45,400, and the cost of living index is 88.3 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $55,414 to comfortably afford the median-priced home in Fountain Inn, which exceeds the current median household income.
Monthly Payment Breakdown for Fountain Inn
Based on the median home price of $230,000 with 20% down ($46,000), here is what you can expect to pay monthly in Fountain Inn:
15-Year vs. 30-Year Mortgage in Fountain Inn
Choosing a 15-year mortgage in Fountain Inn at 5.96% instead of a 30-year at 6.71% would save you $149,220 in total interest over the life of the loan. However, your monthly payment would be $1,549 instead of $1,189 — an increase of $360 per month.
Calculate Your Fountain Inn Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Fountain Inn
What are the current mortgage rates in Fountain Inn, SC?
As of March 2026, the average 30-year fixed mortgage rate in Fountain Inn, South Carolina is 6.71%, while the 15-year fixed rate is 5.96%. FHA loans average 6.48% and VA loans 6.23%. These rates are 0.06% above the national average of 6.65%.
How much is a monthly mortgage payment in Fountain Inn?
Based on the median home price of $230,000 with 20% down, the estimated monthly mortgage payment in Fountain Inn is $1,189 for principal and interest. Including property taxes of $104/month, the total monthly housing cost is approximately $1,293.
What income do I need to buy a home in Fountain Inn?
Using the 28% rule, you would need an annual income of approximately $55,414 to afford the median-priced home in Fountain Inn at $230,000. The median household income in Fountain Inn is $45,400. This means most households would need to either earn above the median or consider homes below $230,000.
Is Fountain Inn a good place to buy a home in 2026?
Fountain Inn offers a below-average cost of living with a cost of living index of 88.3 (national average = 100). The property tax rate in South Carolina is 0.54%, which is below the national average. Fountain Inn has a population of 10,784 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 Fountain Inn, South Carolina area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.