Mortgage Rates in Jefferson City, Missouri — March 2026
Updated March 2026 | Based on Jefferson City market data and regional lending conditions
Jefferson City is a growing city in Missouri with a population of 42,838. The current 30-year fixed mortgage rate in Jefferson City is 6.82%, which is 0.17% above the national average. With a median home price of $201,000 and a 20% down payment of $40,200, homebuyers can expect a monthly principal and interest payment of approximately $1,050.
Current Mortgage Rates in Jefferson City, MO
Below are the current average mortgage rates available in the Jefferson City 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 | 6.82% | 6.65% | +0.17% |
| 15-Year Fixed | 6.04% | 5.89% | +0.15% |
| 5/1 ARM | 6.29% | 6.15% | +0.14% |
| FHA | 6.53% | 6.25% | +0.28% |
| VA | 6.28% | 6.05% | +0.23% |
| Jumbo | 7.07% | 6.85% | +0.22% |
Jefferson City Housing Market Overview
The Jefferson City housing market offers relatively affordable housing compared to many major cities. The median household income in Jefferson City is $49,900, and the cost of living index is 86.2 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $52,414 to comfortably afford the median-priced home in Jefferson City, which exceeds the current median household income.
Monthly Payment Breakdown for Jefferson City
Based on the median home price of $201,000 with 20% down ($40,200), here is what you can expect to pay monthly in Jefferson City:
15-Year vs. 30-Year Mortgage in Jefferson City
Choosing a 15-year mortgage in Jefferson City at 6.04% instead of a 30-year at 6.82% would save you $133,200 in total interest over the life of the loan. However, your monthly payment would be $1,360 instead of $1,050 — an increase of $310 per month.
Calculate Your Jefferson City 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 Jefferson City
What are the current mortgage rates in Jefferson City, MO?
As of March 2026, the average 30-year fixed mortgage rate in Jefferson City, Missouri is 6.82%, while the 15-year fixed rate is 6.04%. FHA loans average 6.53% and VA loans 6.28%. These rates are 0.17% above the national average of 6.65%.
How much is a monthly mortgage payment in Jefferson City?
Based on the median home price of $201,000 with 20% down, the estimated monthly mortgage payment in Jefferson City is $1,050 for principal and interest. Including property taxes of $173/month, the total monthly housing cost is approximately $1,223.
What income do I need to buy a home in Jefferson City?
Using the 28% rule, you would need an annual income of approximately $52,414 to afford the median-priced home in Jefferson City at $201,000. The median household income in Jefferson City is $49,900. This means most households would need to either earn above the median or consider homes below $201,000.
Is Jefferson City a good place to buy a home in 2026?
Jefferson City offers a below-average cost of living with a cost of living index of 86.2 (national average = 100). The property tax rate in Missouri is 1.03%, which is near the national average. Jefferson City has a population of 42,838 and offers a very affordable lifestyle.
Mortgage Rates in Other Missouri Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Jefferson City, Missouri area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.