Mortgage Rates in Great Bend, Kansas — March 2026
Updated March 2026 | Based on Great Bend market data and regional lending conditions
Great Bend is a growing city in Kansas with a population of 14,888. The current 30-year fixed mortgage rate in Great Bend is 6.62%, which is 0.03% below the national average. With a median home price of $178,000 and a 20% down payment of $35,600, homebuyers can expect a monthly principal and interest payment of approximately $911.
Current Mortgage Rates in Great Bend, KS
Below are the current average mortgage rates available in the Great Bend 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 | 6.62% | 6.65% | -0.03% |
| 15-Year Fixed | 5.89% | 5.89% | 0% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.44% | 6.25% | +0.19% |
| VA | 6.19% | 6.05% | +0.14% |
| Jumbo | 6.87% | 6.85% | +0.02% |
Great Bend Housing Market Overview
The Great Bend housing market offers relatively affordable housing compared to many major cities. The median household income in Great Bend is $56,600, and the cost of living index is 87.8 (national average = 100). Based on the 28% affordability rule, the median income in Great Bend is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Great Bend
Based on the median home price of $178,000 with 20% down ($35,600), here is what you can expect to pay monthly in Great Bend:
15-Year vs. 30-Year Mortgage in Great Bend
Choosing a 15-year mortgage in Great Bend at 5.89% instead of a 30-year at 6.62% would save you $113,220 in total interest over the life of the loan. However, your monthly payment would be $1,193 instead of $911 — an increase of $282 per month.
Calculate Your Great Bend 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 Great Bend
What are the current mortgage rates in Great Bend, KS?
As of March 2026, the average 30-year fixed mortgage rate in Great Bend, Kansas is 6.62%, while the 15-year fixed rate is 5.89%. FHA loans average 6.44% and VA loans 6.19%. These rates are 0.03% below the national average of 6.65%.
How much is a monthly mortgage payment in Great Bend?
Based on the median home price of $178,000 with 20% down, the estimated monthly mortgage payment in Great Bend is $911 for principal and interest. Including property taxes of $211/month, the total monthly housing cost is approximately $1,122.
What income do I need to buy a home in Great Bend?
Using the 28% rule, you would need an annual income of approximately $48,086 to afford the median-priced home in Great Bend at $178,000. The median household income in Great Bend is $56,600. The median income is currently sufficient to meet this threshold.
Is Great Bend a good place to buy a home in 2026?
Great Bend offers a below-average cost of living with a cost of living index of 87.8 (national average = 100). The property tax rate in Kansas is 1.42%, which is near the national average. Great Bend has a population of 14,888 and offers a very affordable lifestyle.
Mortgage Rates in Other Kansas Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Great Bend, Kansas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.