Mortgage Rates in Kerrville, Texas — March 2026
Updated March 2026 | Based on Kerrville market data and regional lending conditions
Kerrville is a growing city in Texas with a population of 24,166. The current 30-year fixed mortgage rate in Kerrville is 6.29%, which is 0.36% below the national average. With a median home price of $275,000 and a 20% down payment of $55,000, homebuyers can expect a monthly principal and interest payment of approximately $1,361.
Current Mortgage Rates in Kerrville, TX
Below are the current average mortgage rates available in the Kerrville 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 | 6.29% | 6.65% | -0.36% |
| 15-Year Fixed | 5.53% | 5.89% | -0.36% |
| 5/1 ARM | 5.79% | 6.15% | -0.36% |
| FHA | 5.89% | 6.25% | -0.36% |
| VA | 5.69% | 6.05% | -0.36% |
| Jumbo | 6.49% | 6.85% | -0.36% |
Kerrville Housing Market Overview
The Kerrville housing market offers relatively affordable housing compared to many major cities. The median household income in Kerrville is $42,000, and the cost of living index is 88 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $75,900 to comfortably afford the median-priced home in Kerrville, which exceeds the current median household income.
Monthly Payment Breakdown for Kerrville
Based on the median home price of $275,000 with 20% down ($55,000), here is what you can expect to pay monthly in Kerrville:
15-Year vs. 30-Year Mortgage in Kerrville
Choosing a 15-year mortgage in Kerrville at 5.53% instead of a 30-year at 6.29% would save you $165,780 in total interest over the life of the loan. However, your monthly payment would be $1,801 instead of $1,361 — an increase of $440 per month.
Calculate Your Kerrville 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 Kerrville
What are the current mortgage rates in Kerrville, TX?
As of March 2026, the average 30-year fixed mortgage rate in Kerrville, Texas is 6.29%, while the 15-year fixed rate is 5.53%. FHA loans average 5.89% and VA loans 5.69%. These rates are 0.36% below the national average of 6.65%.
How much is a monthly mortgage payment in Kerrville?
Based on the median home price of $275,000 with 20% down, the estimated monthly mortgage payment in Kerrville is $1,361 for principal and interest. Including property taxes of $410/month, the total monthly housing cost is approximately $1,771.
What income do I need to buy a home in Kerrville?
Using the 28% rule, you would need an annual income of approximately $75,900 to afford the median-priced home in Kerrville at $275,000. The median household income in Kerrville is $42,000. This means most households would need to either earn above the median or consider homes below $275,000.
Is Kerrville a good place to buy a home in 2026?
Kerrville offers a below-average cost of living with a cost of living index of 88 (national average = 100). The property tax rate in Texas is 1.79%, which is above the national average. Kerrville has a population of 24,166 and offers a very affordable 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 Kerrville, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.