Mortgage Rates in Harker Heights, Texas — March 2026
Updated March 2026 | Based on Harker Heights market data and regional lending conditions
Harker Heights is a growing city in Texas with a population of 32,734. The current 30-year fixed mortgage rate in Harker Heights is 6.68%, which is 0.03% above the national average. With a median home price of $284,000 and a 20% down payment of $56,800, homebuyers can expect a monthly principal and interest payment of approximately $1,463.
Current Mortgage Rates in Harker Heights, TX
Below are the current average mortgage rates available in the Harker Heights 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 | 6.68% | 6.65% | +0.03% |
| 15-Year Fixed | 5.93% | 5.89% | +0.04% |
| 5/1 ARM | 6.21% | 6.15% | +0.06% |
| FHA | 6.47% | 6.25% | +0.22% |
| VA | 6.22% | 6.05% | +0.17% |
| Jumbo | 6.93% | 6.85% | +0.08% |
Harker Heights Housing Market Overview
The Harker Heights housing market offers relatively affordable housing compared to many major cities. The median household income in Harker Heights is $56,700, and the cost of living index is 83.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $81,043 to comfortably afford the median-priced home in Harker Heights, which exceeds the current median household income.
Monthly Payment Breakdown for Harker Heights
Based on the median home price of $284,000 with 20% down ($56,800), here is what you can expect to pay monthly in Harker Heights:
15-Year vs. 30-Year Mortgage in Harker Heights
Choosing a 15-year mortgage in Harker Heights at 5.93% instead of a 30-year at 6.68% would save you $183,060 in total interest over the life of the loan. However, your monthly payment would be $1,909 instead of $1,463 — an increase of $446 per month.
Calculate Your Harker Heights 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 Harker Heights
What are the current mortgage rates in Harker Heights, TX?
As of March 2026, the average 30-year fixed mortgage rate in Harker Heights, Texas is 6.68%, while the 15-year fixed rate is 5.93%. FHA loans average 6.47% and VA loans 6.22%. These rates are 0.03% above the national average of 6.65%.
How much is a monthly mortgage payment in Harker Heights?
Based on the median home price of $284,000 with 20% down, the estimated monthly mortgage payment in Harker Heights is $1,463 for principal and interest. Including property taxes of $428/month, the total monthly housing cost is approximately $1,891.
What income do I need to buy a home in Harker Heights?
Using the 28% rule, you would need an annual income of approximately $81,043 to afford the median-priced home in Harker Heights at $284,000. The median household income in Harker Heights is $56,700. This means most households would need to either earn above the median or consider homes below $284,000.
Is Harker Heights a good place to buy a home in 2026?
Harker Heights offers a below-average cost of living with a cost of living index of 83.5 (national average = 100). The property tax rate in Texas is 1.81%, which is above the national average. Harker Heights has a population of 32,734 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 Harker Heights, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.