Mortgage Rates in Granbury, Texas — March 2026
Updated March 2026 | Based on Granbury market data and regional lending conditions
Granbury is a growing city in Texas with a population of 11,320. The current 30-year fixed mortgage rate in Granbury is 6.67%, which is 0.02% above the national average. With a median home price of $295,000 and a 20% down payment of $59,000, homebuyers can expect a monthly principal and interest payment of approximately $1,518.
Current Mortgage Rates in Granbury, TX
Below are the current average mortgage rates available in the Granbury 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 | 6.67% | 6.65% | +0.02% |
| 15-Year Fixed | 5.91% | 5.89% | +0.02% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.27% | 6.25% | +0.02% |
| VA | 6.07% | 6.05% | +0.02% |
| Jumbo | 6.87% | 6.85% | +0.02% |
Granbury Housing Market Overview
The Granbury housing market offers relatively affordable housing compared to many major cities. The median household income in Granbury is $42,000, and the cost of living index is 88 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $83,914 to comfortably afford the median-priced home in Granbury, which exceeds the current median household income.
Monthly Payment Breakdown for Granbury
Based on the median home price of $295,000 with 20% down ($59,000), here is what you can expect to pay monthly in Granbury:
15-Year vs. 30-Year Mortgage in Granbury
Choosing a 15-year mortgage in Granbury at 5.91% instead of a 30-year at 6.67% would save you $190,080 in total interest over the life of the loan. However, your monthly payment would be $1,980 instead of $1,518 — an increase of $462 per month.
Calculate Your Granbury 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 Granbury
What are the current mortgage rates in Granbury, TX?
As of March 2026, the average 30-year fixed mortgage rate in Granbury, Texas is 6.67%, while the 15-year fixed rate is 5.91%. FHA loans average 6.27% and VA loans 6.07%. These rates are 0.02% above the national average of 6.65%.
How much is a monthly mortgage payment in Granbury?
Based on the median home price of $295,000 with 20% down, the estimated monthly mortgage payment in Granbury is $1,518 for principal and interest. Including property taxes of $440/month, the total monthly housing cost is approximately $1,958.
What income do I need to buy a home in Granbury?
Using the 28% rule, you would need an annual income of approximately $83,914 to afford the median-priced home in Granbury at $295,000. The median household income in Granbury is $42,000. This means most households would need to either earn above the median or consider homes below $295,000.
Is Granbury a good place to buy a home in 2026?
Granbury offers a below-average cost of living with a cost of living index of 88 (national average = 100). The property tax rate in Texas is 1.79%, which is above the national average. Granbury has a population of 11,320 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 Granbury, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.