Mortgage Rates in Fremont, Nebraska — March 2026
Updated March 2026 | Based on Fremont market data and regional lending conditions
Fremont is a growing city in Nebraska with a population of 26,397. The current 30-year fixed mortgage rate in Fremont is 6.04%, which is 0.61% below the national average. With a median home price of $195,000 and a 20% down payment of $39,000, homebuyers can expect a monthly principal and interest payment of approximately $939.
Current Mortgage Rates in Fremont, NE
Below are the current average mortgage rates available in the Fremont 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 | 6.04% | 6.65% | -0.61% |
| 15-Year Fixed | 5.28% | 5.89% | -0.61% |
| 5/1 ARM | 5.54% | 6.15% | -0.61% |
| FHA | 5.64% | 6.25% | -0.61% |
| VA | 5.44% | 6.05% | -0.61% |
| Jumbo | 6.24% | 6.85% | -0.61% |
Fremont Housing Market Overview
The Fremont housing market offers relatively affordable housing compared to many major cities. The median household income in Fremont is $45,000, and the cost of living index is 84 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $52,371 to comfortably afford the median-priced home in Fremont, which exceeds the current median household income.
Monthly Payment Breakdown for Fremont
Based on the median home price of $195,000 with 20% down ($39,000), here is what you can expect to pay monthly in Fremont:
15-Year vs. 30-Year Mortgage in Fremont
Choosing a 15-year mortgage in Fremont at 5.28% instead of a 30-year at 6.04% would save you $111,780 in total interest over the life of the loan. However, your monthly payment would be $1,257 instead of $939 — an increase of $318 per month.
Calculate Your Fremont 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 Fremont
What are the current mortgage rates in Fremont, NE?
As of March 2026, the average 30-year fixed mortgage rate in Fremont, Nebraska is 6.04%, while the 15-year fixed rate is 5.28%. FHA loans average 5.64% and VA loans 5.44%. These rates are 0.61% below the national average of 6.65%.
How much is a monthly mortgage payment in Fremont?
Based on the median home price of $195,000 with 20% down, the estimated monthly mortgage payment in Fremont is $939 for principal and interest. Including property taxes of $283/month, the total monthly housing cost is approximately $1,222.
What income do I need to buy a home in Fremont?
Using the 28% rule, you would need an annual income of approximately $52,371 to afford the median-priced home in Fremont at $195,000. The median household income in Fremont is $45,000. This means most households would need to either earn above the median or consider homes below $195,000.
Is Fremont a good place to buy a home in 2026?
Fremont offers a below-average cost of living with a cost of living index of 84 (national average = 100). The property tax rate in Nebraska is 1.74%, which is above the national average. Fremont has a population of 26,397 and offers a very affordable lifestyle.
Mortgage Rates in Other Nebraska Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Fremont, Nebraska area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.