Mortgage Rates in Los Fresnos, Texas — March 2026
Updated March 2026 | Based on Los Fresnos market data and regional lending conditions
Los Fresnos is a growing city in Texas with a population of 8,007. The current 30-year fixed mortgage rate in Los Fresnos is 6.79%, which is 0.14% above the national average. With a median home price of $218,000 and a 20% down payment of $43,600, homebuyers can expect a monthly principal and interest payment of approximately $1,136.
Current Mortgage Rates in Los Fresnos, TX
Below are the current average mortgage rates available in the Los Fresnos 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 | 6.79% | 6.65% | +0.14% |
| 15-Year Fixed | 6.02% | 5.89% | +0.13% |
| 5/1 ARM | 6.27% | 6.15% | +0.12% |
| FHA | 6.52% | 6.25% | +0.27% |
| VA | 6.27% | 6.05% | +0.22% |
| Jumbo | 7.04% | 6.85% | +0.19% |
Los Fresnos Housing Market Overview
The Los Fresnos housing market offers relatively affordable housing compared to many major cities. The median household income in Los Fresnos is $56,300, 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 $63,643 to comfortably afford the median-priced home in Los Fresnos, which exceeds the current median household income.
Monthly Payment Breakdown for Los Fresnos
Based on the median home price of $218,000 with 20% down ($43,600), here is what you can expect to pay monthly in Los Fresnos:
15-Year vs. 30-Year Mortgage in Los Fresnos
Choosing a 15-year mortgage in Los Fresnos at 6.02% instead of a 30-year at 6.79% would save you $143,640 in total interest over the life of the loan. However, your monthly payment would be $1,474 instead of $1,136 — an increase of $338 per month.
Calculate Your Los Fresnos 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 Los Fresnos
What are the current mortgage rates in Los Fresnos, TX?
As of March 2026, the average 30-year fixed mortgage rate in Los Fresnos, Texas is 6.79%, while the 15-year fixed rate is 6.02%. FHA loans average 6.52% and VA loans 6.27%. These rates are 0.14% above the national average of 6.65%.
How much is a monthly mortgage payment in Los Fresnos?
Based on the median home price of $218,000 with 20% down, the estimated monthly mortgage payment in Los Fresnos is $1,136 for principal and interest. Including property taxes of $349/month, the total monthly housing cost is approximately $1,485.
What income do I need to buy a home in Los Fresnos?
Using the 28% rule, you would need an annual income of approximately $63,643 to afford the median-priced home in Los Fresnos at $218,000. The median household income in Los Fresnos is $56,300. This means most households would need to either earn above the median or consider homes below $218,000.
Is Los Fresnos a good place to buy a home in 2026?
Los Fresnos offers a below-average cost of living with a cost of living index of 91.5 (national average = 100). The property tax rate in Texas is 1.92%, which is above the national average. Los Fresnos has a population of 8,007 and offers a very affordable lifestyle.
Mortgage Rates in Other Texas Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Los Fresnos, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.