Mortgage Rates in Huntsville, AlabamaMarch 2026

Updated March 2026 | Based on Huntsville market data and regional lending conditions

30-Year Fixed
6.77%
15-Year Fixed
6.01%
Median Home Price
$265,000
Est. Monthly Payment
$1,469

Huntsville is a mid-sized city in Alabama with a population of 215,006. The current 30-year fixed mortgage rate in Huntsville is 6.77%, which is 0.12% above the national average. With a median home price of $265,000 and a 20% down payment of $53,000, homebuyers can expect a monthly principal and interest payment of approximately $1,378.

Current Mortgage Rates in Huntsville, AL

Below are the current average mortgage rates available in the Huntsville 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 TypeRateNational AvgDifference
30-Year Fixed6.77%6.65%+0.12%
15-Year Fixed6.01%5.89%+0.12%
5/1 ARM6.27%6.15%+0.12%
FHA6.37%6.25%+0.12%
VA6.17%6.05%+0.12%
Jumbo6.97%6.85%+0.12%

Huntsville Housing Market Overview

The Huntsville housing market offers relatively affordable housing compared to many major cities. The median household income in Huntsville is $56,825, and the cost of living index is 91.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $62,957 to comfortably afford the median-priced home in Huntsville, which exceeds the current median household income.

Population
215,006
Median Income
$56,825
Property Tax Rate
0.41%
Cost of Living
91.5
Down Payment (20%)
$53,000
Income Needed
$62,957

Monthly Payment Breakdown for Huntsville

Based on the median home price of $265,000 with 20% down ($53,000), here is what you can expect to pay monthly in Huntsville:

Principal & Interest (30-yr at 6.77%)$1,378
Property Tax$91
Estimated Insurance$66
Total Estimated Monthly$1,535

15-Year vs. 30-Year Mortgage in Huntsville

Choosing a 15-year mortgage in Huntsville at 6.01% instead of a 30-year at 6.77% would save you $173,880 in total interest over the life of the loan. However, your monthly payment would be $1,790 instead of $1,378 — an increase of $412 per month.

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Frequently Asked Questions About Mortgages in Huntsville

What are the current mortgage rates in Huntsville, AL?

As of March 2026, the average 30-year fixed mortgage rate in Huntsville, Alabama is 6.77%, while the 15-year fixed rate is 6.01%. FHA loans average 6.37% and VA loans 6.17%. These rates are 0.12% above the national average of 6.65%.

How much is a monthly mortgage payment in Huntsville?

Based on the median home price of $265,000 with 20% down, the estimated monthly mortgage payment in Huntsville is $1,378 for principal and interest. Including property taxes of $91/month, the total monthly housing cost is approximately $1,469.

What income do I need to buy a home in Huntsville?

Using the 28% rule, you would need an annual income of approximately $62,957 to afford the median-priced home in Huntsville at $265,000. The median household income in Huntsville is $56,825. This means most households would need to either earn above the median or consider homes below $265,000.

Is Huntsville a good place to buy a home in 2026?

Huntsville offers a below-average cost of living with a cost of living index of 91.5 (national average = 100). The property tax rate in Alabama is 0.41%, which is below the national average. Huntsville has a population of 215,006 and offers a very affordable lifestyle.

Mortgage Rates in Other Alabama Cities

Birmingham, AL
6.77% | $115,000
Mobile, AL
6.77% | $145,000
Montgomery, AL
6.77% | $155,000
Tuscaloosa, AL
6.77% | $215,000
Hoover, AL
6.77% | $325,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Huntsville, Alabama area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.