Mortgage Rates in Mason, Ohio — March 2026
Updated March 2026 | Based on Mason market data and regional lending conditions
Mason is a growing city in Ohio with a population of 34,419. The current 30-year fixed mortgage rate in Mason is 6.69%, which is 0.04% above the national average. With a median home price of $169,000 and a 20% down payment of $33,800, homebuyers can expect a monthly principal and interest payment of approximately $872.
Current Mortgage Rates in Mason, OH
Below are the current average mortgage rates available in the Mason 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 | 6.69% | 6.65% | +0.04% |
| 15-Year Fixed | 5.94% | 5.89% | +0.05% |
| 5/1 ARM | 6.21% | 6.15% | +0.06% |
| FHA | 6.47% | 6.25% | +0.22% |
| VA | 6.22% | 6.05% | +0.17% |
| Jumbo | 6.94% | 6.85% | +0.09% |
Mason Housing Market Overview
The Mason housing market offers relatively affordable housing compared to many major cities. The median household income in Mason is $54,200, and the cost of living index is 89.3 (national average = 100). Based on the 28% affordability rule, the median income in Mason is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Mason
Based on the median home price of $169,000 with 20% down ($33,800), here is what you can expect to pay monthly in Mason:
15-Year vs. 30-Year Mortgage in Mason
Choosing a 15-year mortgage in Mason at 5.94% instead of a 30-year at 6.69% would save you $109,260 in total interest over the life of the loan. However, your monthly payment would be $1,137 instead of $872 — an increase of $265 per month.
Calculate Your Mason 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 Mason
What are the current mortgage rates in Mason, OH?
As of March 2026, the average 30-year fixed mortgage rate in Mason, Ohio is 6.69%, while the 15-year fixed rate is 5.94%. FHA loans average 6.47% and VA loans 6.22%. These rates are 0.04% above the national average of 6.65%.
How much is a monthly mortgage payment in Mason?
Based on the median home price of $169,000 with 20% down, the estimated monthly mortgage payment in Mason is $872 for principal and interest. Including property taxes of $220/month, the total monthly housing cost is approximately $1,092.
What income do I need to buy a home in Mason?
Using the 28% rule, you would need an annual income of approximately $46,800 to afford the median-priced home in Mason at $169,000. The median household income in Mason is $54,200. The median income is currently sufficient to meet this threshold.
Is Mason a good place to buy a home in 2026?
Mason offers a below-average cost of living with a cost of living index of 89.3 (national average = 100). The property tax rate in Ohio is 1.56%, which is above the national average. Mason has a population of 34,419 and offers a very affordable lifestyle.
Mortgage Rates in Other Ohio Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Mason, Ohio area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.