Mortgage Rates in Macon, Georgia — March 2026
Updated March 2026 | Based on Macon market data and regional lending conditions
Macon is a growing city in Georgia with a population of 157,346. The current 30-year fixed mortgage rate in Macon is 6.7%, which is 0.05% above the national average. With a median home price of $145,000 and a 20% down payment of $29,000, homebuyers can expect a monthly principal and interest payment of approximately $749.
Current Mortgage Rates in Macon, GA
Below are the current average mortgage rates available in the Macon 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 | 6.7% | 6.65% | +0.05% |
| 15-Year Fixed | 5.94% | 5.89% | +0.05% |
| 5/1 ARM | 6.2% | 6.15% | +0.05% |
| FHA | 6.3% | 6.25% | +0.05% |
| VA | 6.1% | 6.05% | +0.05% |
| Jumbo | 6.9% | 6.85% | +0.05% |
Macon Housing Market Overview
The Macon housing market offers relatively affordable housing compared to many major cities. The median household income in Macon is $35,250, and the cost of living index is 83.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $36,857 to comfortably afford the median-priced home in Macon, which exceeds the current median household income.
Monthly Payment Breakdown for Macon
Based on the median home price of $145,000 with 20% down ($29,000), here is what you can expect to pay monthly in Macon:
15-Year vs. 30-Year Mortgage in Macon
Choosing a 15-year mortgage in Macon at 5.94% instead of a 30-year at 6.7% would save you $94,140 in total interest over the life of the loan. However, your monthly payment would be $975 instead of $749 — an increase of $226 per month.
Calculate Your Macon Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Macon
What are the current mortgage rates in Macon, GA?
As of March 2026, the average 30-year fixed mortgage rate in Macon, Georgia is 6.7%, while the 15-year fixed rate is 5.94%. FHA loans average 6.3% and VA loans 6.1%. These rates are 0.05% above the national average of 6.65%.
How much is a monthly mortgage payment in Macon?
Based on the median home price of $145,000 with 20% down, the estimated monthly mortgage payment in Macon is $749 for principal and interest. Including property taxes of $111/month, the total monthly housing cost is approximately $860.
What income do I need to buy a home in Macon?
Using the 28% rule, you would need an annual income of approximately $36,857 to afford the median-priced home in Macon at $145,000. The median household income in Macon is $35,250. This means most households would need to either earn above the median or consider homes below $145,000.
Is Macon a good place to buy a home in 2026?
Macon offers a below-average cost of living with a cost of living index of 83.5 (national average = 100). The property tax rate in Georgia is 0.92%, which is near the national average. Macon has a population of 157,346 and offers a very affordable lifestyle.
Mortgage Rates in Other Georgia Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Macon, Georgia area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.