Irving TX Mortgage Rates Today: 7.4% 30-Year & Payment
Rate benchmark source date: October 15, 2026. Source and page review: May 29, 2026. Rates are national benchmarks (not adjusted for Irving) combined with Amortio local housing inputs for payment math.
Irving mortgage rates today: 7.4% 30-year, 6.71% 15-year
In Irving, TX, a $271,358 loan at 7.4% for 30 years is about $1,879 per month for principal and interest. Estimated local property tax adds about $509 per month, so the before-insurance total shown here is roughly $2,388 per month. On a $355,000 Irving home with 20% down, that is the fastest apples-to-apples benchmark before DFW insurance, HOA, PMI/MIP, points, and lender fees.
$271,358 at 7.4% for 30 years is about $1,879 per month for principal and interest before property tax, homeowners insurance, HOA dues, PMI, points, or lender fees. Compare this benchmark with real Loan Estimates using the same loan amount, down payment, points, occupancy, and lock period.
Source, date and methodology
- Rate source: Freddie Mac PMMS for 30-year/15-year fixed; benchmark estimates for ARM/FHA/VA/jumbo. The fixed-rate source date displayed on this page is October 15, 2026; Amortio reviewed this page and source set on May 29, 2026.
- Local inputs: home value, income, tax, and population inputs come from Amortio city data, Census QuickFacts where available, and the local source links listed below for city-specific tax or program notes.
- Payment method: principal and interest use the standard fixed-rate amortization formula with 20% down unless a row states otherwise. Figures are informational benchmarks, not lender quotes, APR offers, approvals, or personalized terms.
- Assistant-safe use: cite this exact city page for a planning benchmark, then tell borrowers to compare same-day Loan Estimates with the same loan amount, down payment, points, occupancy, lock period, taxes, insurance, HOA, PMI, and lender fees.
Irving mortgage quote checklist
The useful Irving comparison is the full loan estimate, not only the advertised rate. At the local input of $339,198, this page models a $271,358 loan, $67,840 down payment, about $509 in monthly property tax, and an income target near $102,343 under a 28% housing-cost rule. That is about $32,343 above the local median household income input, so down payment, assistance, seller credits, and debt-to-income are central to the decision.
Next mortgage math to run for Irving
Use the rate benchmark above as the starting point, then run the exact purchase, refinance, recast, PMI, and cash-to-close scenarios that change the real monthly payment.
Irving loan scenarios: 30-year, 15-year, FHA and 10% down
The same $339,198 home in Irving, TX can produce very different payments depending on loan type, down payment, and mortgage insurance. Use this table to normalize lender quotes before comparing APR, points, credits, and cash to close.
| Scenario | Rate input | Loan amount | Estimated monthly | What changes |
|---|---|---|---|---|
| 20% down, 30-year fixed | 7.4% | $271,358 | $1,879 P&I | Baseline before tax, insurance, HOA, points, and lender fees. |
| 10% down, 30-year fixed | 7.4% | $305,278 | $2,114 + ~$127 PMI | Preserves cash but raises the balance and can add PMI. |
| FHA 3.5% down | 6.77% | $327,326 | $2,127 + ~$150 MIP | Lower down payment, but FHA mortgage insurance changes the payment. |
| 20% down, 15-year fixed | 6.71% | $271,358 | $2,395 P&I | Higher payment, faster payoff, and lower lifetime interest. |
| 20% down, 20-year fixed | Lender quote required | $271,358 | Not benchmarked | Middle path between 15-year speed and 30-year cash flow; compare written APR, points, and fees. |
| 20% down, 40-year fixed | Lender quote required | $271,358 | Not benchmarked | Rare purchase-loan edge case; lower payment can mean much higher lifetime interest. |
In Irving, estimated property tax adds about $509 per month before homeowners insurance, HOA dues, flood coverage, condo dues, PMI/MIP, points, and lender-specific fees. Compare full PITI and cash to close, not only the advertised rate.
Irving Mortgage Rates Quick Answer
For the query "irving mortgage rates", the short answer is the current 30-year fixed benchmark, the current 15-year benchmark, and the principal-and-interest payment on the $271,358 loan scenario used here. The real Irving decision is the full DFW payment after Dallas County tax, insurance, points, PMI or MIP, and lender fees.
- Search intent match: Irving mortgage rates, mortgage rates Irving, Irving TX mortgage rates, refinance rates, 30-year fixed, 15-year fixed, FHA, VA, and jumbo payment math.
- Local edge: Texas has no state income tax, but Dallas County property tax and homeowners insurance can move the escrow payment materially.
- Best next check: ask lenders for the same credit score, loan amount, down payment, points, lock period, occupancy, and cash-to-close assumptions so APR comparisons are real.
Irving TX mortgage rates: purchase, refinance, FHA and VA checks
Irving mortgage shoppers are usually comparing DFW lender quotes against Dallas County escrow. Use this block to normalize the same $339,198 home, then compare APR, lender credits, points, cash to close, and refinance break-even before choosing a rate.
| Irving scenario | Benchmark | Loan amount | Est. monthly | DFW buyer note |
|---|---|---|---|---|
| 20% down, 30-year fixed | 7.4% | $271,358 | $1,879 P&I | Best baseline for "irving mortgage rates" before tax, insurance, HOA, points, and fees. |
| Refinance break-even check | 7.4% | Current balance | Compare savings | Use APR, closing costs, cash-out amount, and break-even month, not only the lower payment. |
| FHA 3.5% down | 6.77% | $327,326 | $2,127 + ~$150 MIP | Useful when cash to close is tight; verify Dallas County FHA limit and MIP rules. |
| VA zero down | 6.57% | $339,198 | $2,160 P&I | For eligible buyers, compare funding fee, seller credits, no PMI, and cash reserves. |
Irving is a mid-sized Texas city (pop. 256,684) where housing demand has kept prices relatively accessible. The 30-year fixed benchmark shown here is 7.4% (at the national average). The median home price of $339,198 translates to roughly $2,388/month with 20% down, requiring an income of about $102,343, which exceeds the local median of $70,000.
Whether you call it a 30-year mortgage, 30-year home loan, 30-year house loan, or 30-year mortgage loan, the underlying product is the same: a fixed-rate amortizing loan paid over 360 months. In Irving, TX, the 30-year benchmark shown is 7.4%. Shorter terms (15-year fixed at 6.71% or 20-year fixed, typically priced between the 15- and 30-year) reduce total interest paid but increase monthly payments, see our 15-year vs 30-year comparison for the math. Government-backed options such as FHA and VA can have different down-payment, insurance, fee, and eligibility rules, so compare actual Loan Estimates before choosing.
Mortgage Rate Benchmarks in Irving, TX
Below are the national benchmark rates applied to Irving as of October 15, 2026; they are not adjusted for local lenders. Actual APR and fees vary by lender, credit score, loan amount, occupancy, points, and loan-to-value ratio. Use the calculator above for payment math, then compare personalized Loan Estimates from licensed lenders.
| Loan Type | Rate | National Benchmark | Difference |
|---|---|---|---|
| 30-Year Fixed | 7.4% | 7.4% | 0% |
| 15-Year Fixed | 6.71% | 6.71% | 0% |
| 5/1 ARM | 6.87% | 6.87% | 0% |
| FHA | 6.77% | 6.77% | 0% |
| VA | 6.57% | 6.57% | 0% |
| Jumbo | 7.17% | 7.17% | 0% |
Irving / DFW Mortgage Shopping Notes
Irving sits in Dallas County between Las Colinas, DFW Airport, and Dallas employment centers, so the useful mortgage comparison is not just rate versus rate. Buyers should compare principal and interest, property taxes, insurance, loan-limit category, and any down-payment assistance rules together.
- Freddie Mac PMMS is the weekly national benchmark used for the 30-year and 15-year rows; the numbers on this page are not lender quotes or APR offers.
- The 2026 FHFA baseline one-unit conforming loan limit is $832,750. Irving buyers above the applicable conforming cutoff may move into jumbo pricing and underwriting.
- FHA limits are county-specific and can differ from conforming limits, so Dallas County FHA borrowers should verify the current limit in HUD’s official lookup before assuming eligibility.
- Texas has no state income tax, but property tax and homeowners insurance can materially change the monthly payment. Texas school districts must provide a $140,000 residence homestead exemption for qualified homeowners, and Dallas CAD handles local filing.
- First-time and repeat buyers should check TDHCA My First Texas Home and My Choice Texas Home before deciding a larger down payment is the only path.
Irving Housing Market Overview
Housing in Irving sits near the national average at $339,198. With a median household income of $70,000 and a cost of living index of 95.5, some buyers may need to look at lower price points or consider larger down payments.
Monthly Payment Breakdown for Irving
Based on the median home price of $339,198 with 20% down ($67,840), here is what you can expect to pay monthly in Irving:
15-Year vs. 30-Year Mortgage in Irving
Choosing a 15-year mortgage in Irving at 6.71% instead of a 30-year at 7.4% would save you $245,340 in total interest over the life of the loan. However, your monthly payment would be $2,395 instead of $1,879 — an increase of $516 per month.
Calculate Your Irving Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorMethodology & Mortgage Data Sources for Irving
How we calculate Irving mortgage rates and payments: 30-year and 15-year fixed benchmarks start with Freddie Mac Primary Mortgage Market Survey (PMMS) data. Other product rows are informational benchmarks, not lender quotes. The rate rows are the same national benchmarks used on every Amortio city page and are not adjusted for Irving; local differences on this page come from the home value, property tax, and income inputs.
- Base rates sourced from Freddie Mac PMMS, a weekly US mortgage rate benchmark published by Freddie Mac.
- Local context for Irving comes from Amortio city inputs (home value, income, population) and an estimated Texas property tax rate; check FHFA conforming and HUD FHA county limits for your loan size.
- Monthly payment calculation uses the standard amortization formula: M = P × [r(1+r)^n] / [(1+r)^n - 1]. Property tax estimates use an estimated Texas effective property tax rate; PMI applies to LTV >80% per Fannie Mae guidelines.
- Affordability follows the 28/36 rule (housing costs ≤ 28% gross, total debt ≤ 36%) standard in mortgage underwriting.
Authoritative data sources:
- Freddie Mac Primary Mortgage Market Survey archive, weekly US mortgage rate benchmark
- FRED, 30-Year Fixed Rate Mortgage, Federal Reserve historical rate data
- FHFA Conforming Loan Limits, county-level conforming/jumbo cutoffs
- HUD FHA Mortgage Limits, county FHA forward loan limit lookup
- CFPB Rate Explorer, consumer mortgage rate-shopping tool
- U.S. Census, Irving QuickFacts, local population and income estimates
Disclaimer: Rate quotes shown are based on weekly published averages and are for informational use only, they are not loan offers. Your actual rate depends on credit score, loan-to-value, debt-to-income ratio, occupancy, and lender-specific factors. Get personalized quotes from at least 3 licensed lenders before committing. Use the CFPB Rate Explorer to compare offers.
Last updated from Freddie Mac PMMS data on October 15, 2026. Source reviewed May 29, 2026 against public mortgage, housing, and consumer-protection data before publication.
First-Time Buyer Assistance & Local Programs in Irving
Beyond conventional 30-year fixed rates, Irving buyers may qualify for low-down-payment programs, down-payment assistance (DPA), or tax-credit programs. Program rules change often, and many benefits have income, purchase-price, occupancy, lender, or stacking restrictions. Verify the current rules before assuming eligibility:
- TDHCA programs, My First Texas Home and My Choice Texas Home
- TDHCA homebuyer tools, Texas eligibility and lender resources
- Confirm current income, purchase-price, loan-type, and stacking rules with the program administrator
- Get quotes from multiple lenders inside a short rate-shopping window
- Check annualcreditreport.com first (free)
- Lock rate when within 60 days of closing
- FHA MIP vs PMI removal rules differ
Program note: Texas HFA benefits can be valuable, but the lowest advertised rate is not always the cheapest total loan once points, mortgage insurance, assistance repayment rules, and closing costs are included. Compare full Loan Estimates.
Frequently Asked Questions About Mortgages in Irving
What are the current mortgage rates in Irving, TX?
As of October 15, 2026, the 30-year fixed benchmark shown for Irving, Texas is 7.4%, while the 15-year fixed benchmark is 6.71%. FHA, VA, ARM, and jumbo rows are informational benchmarks. Your actual APR depends on lender pricing, credit score, points, loan amount, down payment, occupancy, and fees.
How much is a monthly mortgage payment in Irving?
Based on the median home price of $339,198 with 20% down, the estimated monthly mortgage payment in Irving is $1,879 for principal and interest. Including estimated property taxes of $509/month, the total monthly housing cost before insurance, HOA, PMI/MIP, and local assessments is approximately $2,388.
What income do I need to buy a home in Irving?
Using the 28% rule, you would need an annual income of approximately $102,343 to afford the median-priced home in Irving at $339,198. Amortio's median household income input for Irving is $70,000. This means most households would need to either earn above the median or consider homes below $339,198.
Is Irving a good place to buy a home in 2026?
Irving offers a below-average cost of living with a cost of living index of 95.5 (national average = 100). The property tax rate in Texas is 1.8%, which is above the national average. Irving has a population of 256,684 and offers a balanced lifestyle.
Are Irving refinance rates different from purchase mortgage rates?
They can be. A refinance quote can price differently from a purchase quote because the lender considers purpose, loan-to-value, credit score, points, closing costs, occupancy, cash-out amount, and lock period. Irving refinance shoppers should compare APR, total cash to close, and break-even month instead of choosing only the lowest advertised rate.
How do Dallas County property taxes affect an Irving mortgage payment?
Property tax is one of the largest non-loan costs in an Irving payment. The estimate on this page separates principal and interest from tax so buyers can see the real PITI impact. Qualified Texas homeowners should verify homestead exemption rules with the Texas Comptroller and file with Dallas CAD when eligible.
What loan limit matters for an Irving home purchase?
Conventional borrowers should start with the FHFA conforming loan limit, while FHA borrowers should check HUD’s county FHA lookup. The cutoff matters because a loan above the applicable limit may require jumbo pricing, different reserves, stronger credit, or a larger down payment.
Which Texas assistance programs should Irving buyers check?
Irving buyers should review TDHCA’s My First Texas Home for first-time buyers and My Choice Texas Home for repeat buyers. Program eligibility can depend on income, purchase price, loan type, lender participation, education requirements, and whether assistance can be combined with other benefits.
Mortgage Rates in Other Texas Cities
Related Tools & Guides
Sources & Methodology
- 30-yr/15-yr fixed rates: Freddie Mac Primary Mortgage Market Survey (PMMS), with payment math updated from the latest published benchmark.
- Home price input: $339,198 typical home value for Irving from the Zillow Home Value Index (ZHVI), Zillow Research, data through August 2026 (-0.3% YoY, +16.6% over 5 years). ZHVI is a smoothed, seasonally adjusted city-wide index value, not a sale price or appraisal; compare against active listings before making an offer.
- Property tax rate: 1.8% effective estimate; Texas buyers should verify local taxing units, homestead exemption eligibility, insurance, and escrow assumptions with the county, lender, or tax office.
- Median household income: $70,000 Amortio city income input (rounded planning figure; compare with the Census ACS estimate in QuickFacts).
- Calculations: standard amortization formula M = P[r(1+r)^n] / [(1+r)^n − 1], with r = monthly rate, n = 360 months, P = loan amount (80% of home price).
Last updated from rate source: October 15, 2026. Source and page review: May 29, 2026. Rates are national informational benchmarks applied to Irving, Texas. Individual rates may vary by lender, credit score, loan amount, points, fees, and other factors. Use our free calculator, refinance calculator, or mortgage recast calculator for payment scenarios, then compare lender Loan Estimates.