Mortgage Rates in Griffin, Georgia — March 2026
Updated March 2026 | Based on Griffin market data and regional lending conditions
Griffin is a growing city in Georgia with a population of 22,854. The current 30-year fixed mortgage rate in Griffin is 6.63%, which is 0.02% below the national average. With a median home price of $239,000 and a 20% down payment of $47,800, homebuyers can expect a monthly principal and interest payment of approximately $1,225.
Current Mortgage Rates in Griffin, GA
Below are the current average mortgage rates available in the Griffin 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 | 6.63% | 6.65% | -0.02% |
| 15-Year Fixed | 5.89% | 5.89% | 0% |
| 5/1 ARM | 6.18% | 6.15% | +0.03% |
| FHA | 6.44% | 6.25% | +0.19% |
| VA | 6.19% | 6.05% | +0.14% |
| Jumbo | 6.88% | 6.85% | +0.03% |
Griffin Housing Market Overview
The Griffin housing market offers relatively affordable housing compared to many major cities. The median household income in Griffin is $58,200, and the cost of living index is 84.3 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $60,086 to comfortably afford the median-priced home in Griffin, which exceeds the current median household income.
Monthly Payment Breakdown for Griffin
Based on the median home price of $239,000 with 20% down ($47,800), here is what you can expect to pay monthly in Griffin:
15-Year vs. 30-Year Mortgage in Griffin
Choosing a 15-year mortgage in Griffin at 5.89% instead of a 30-year at 6.63% would save you $152,640 in total interest over the life of the loan. However, your monthly payment would be $1,602 instead of $1,225 — an increase of $377 per month.
Calculate Your Griffin 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 Griffin
What are the current mortgage rates in Griffin, GA?
As of March 2026, the average 30-year fixed mortgage rate in Griffin, Georgia is 6.63%, while the 15-year fixed rate is 5.89%. FHA loans average 6.44% and VA loans 6.19%. These rates are 0.02% below the national average of 6.65%.
How much is a monthly mortgage payment in Griffin?
Based on the median home price of $239,000 with 20% down, the estimated monthly mortgage payment in Griffin is $1,225 for principal and interest. Including property taxes of $177/month, the total monthly housing cost is approximately $1,402.
What income do I need to buy a home in Griffin?
Using the 28% rule, you would need an annual income of approximately $60,086 to afford the median-priced home in Griffin at $239,000. The median household income in Griffin is $58,200. This means most households would need to either earn above the median or consider homes below $239,000.
Is Griffin a good place to buy a home in 2026?
Griffin offers a below-average cost of living with a cost of living index of 84.3 (national average = 100). The property tax rate in Georgia is 0.89%, which is near the national average. Griffin has a population of 22,854 and offers a very affordable lifestyle.
Mortgage Rates in Other Georgia Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Griffin, Georgia area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.