Mortgage Rates in Jasper, Texas — March 2026
Updated March 2026 | Based on Jasper market data and regional lending conditions
Jasper is a growing city in Texas with a population of 7,590. The current 30-year fixed mortgage rate in Jasper is 6.75%, which is 0.1% above the national average. With a median home price of $259,000 and a 20% down payment of $51,800, homebuyers can expect a monthly principal and interest payment of approximately $1,344.
Current Mortgage Rates in Jasper, TX
Below are the current average mortgage rates available in the Jasper 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 | 6.75% | 6.65% | +0.1% |
| 15-Year Fixed | 5.99% | 5.89% | +0.1% |
| 5/1 ARM | 6.25% | 6.15% | +0.1% |
| FHA | 6.5% | 6.25% | +0.25% |
| VA | 6.25% | 6.05% | +0.2% |
| Jumbo | 7% | 6.85% | +0.15% |
Jasper Housing Market Overview
The Jasper housing market offers relatively affordable housing compared to many major cities. The median household income in Jasper is $57,400, and the cost of living index is 95.1 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $73,586 to comfortably afford the median-priced home in Jasper, which exceeds the current median household income.
Monthly Payment Breakdown for Jasper
Based on the median home price of $259,000 with 20% down ($51,800), here is what you can expect to pay monthly in Jasper:
15-Year vs. 30-Year Mortgage in Jasper
Choosing a 15-year mortgage in Jasper at 5.99% instead of a 30-year at 6.75% would save you $169,380 in total interest over the life of the loan. However, your monthly payment would be $1,747 instead of $1,344 — an increase of $403 per month.
Calculate Your Jasper Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Jasper
What are the current mortgage rates in Jasper, TX?
As of March 2026, the average 30-year fixed mortgage rate in Jasper, Texas is 6.75%, while the 15-year fixed rate is 5.99%. FHA loans average 6.5% and VA loans 6.25%. These rates are 0.1% above the national average of 6.65%.
How much is a monthly mortgage payment in Jasper?
Based on the median home price of $259,000 with 20% down, the estimated monthly mortgage payment in Jasper is $1,344 for principal and interest. Including property taxes of $373/month, the total monthly housing cost is approximately $1,717.
What income do I need to buy a home in Jasper?
Using the 28% rule, you would need an annual income of approximately $73,586 to afford the median-priced home in Jasper at $259,000. The median household income in Jasper is $57,400. This means most households would need to either earn above the median or consider homes below $259,000.
Is Jasper a good place to buy a home in 2026?
Jasper offers a below-average cost of living with a cost of living index of 95.1 (national average = 100). The property tax rate in Texas is 1.73%, which is above the national average. Jasper has a population of 7,590 and offers a balanced lifestyle.
Mortgage Rates in Other Texas Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Jasper, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.