Mortgage Rates in Miamisburg, OhioApril 2026

Updated April 2026 | Based on Miamisburg market data and regional lending conditions

30-Year Fixed
6.66%
15-Year Fixed
5.92%
Median Home Price
$157,000
Est. Monthly Payment
$1,005

Miamisburg is a smaller Ohio community of 20,135 where home prices remain well below the national median, making homeownership more attainable. The current 30-year fixed rate here is 6.66% (0.57% above the national average). At a median home price of $157,000, the estimated $1,005/month payment (with 20% down) is affordable on the local median income of $56,100.

Whether you call it a 30-year mortgage, 30-year home loan, 30-year house loan, or 30-year mortgage loan, the underlying product is the same: a fixed-rate amortizing loan paid over 360 months. In Miamisburg, OH, the current 30-year rate is 6.66%. Shorter terms (15-year fixed at 5.92% or 20-year fixed, typically priced between the 15- and 30-year) reduce total interest paid but increase monthly payments — see our 15-year vs 30-year comparison for the math. Government-backed options include FHA loans (6.45%) and VA loans (6.2%), often available at lower rates with reduced down payment requirements.

Current Mortgage Rates in Miamisburg, OH

Below are the current average mortgage rates available in the Miamisburg area as of April 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.

Loan TypeRateNational AvgDifference
30-Year Fixed6.66%6.09%+0.57%
15-Year Fixed5.92%5.58%+0.34%
5/1 ARM6.2%5.95%+0.25%
FHA6.45%5.85%+0.6%
VA6.2%5.65%+0.55%
Jumbo6.91%6.25%+0.66%

Miamisburg Housing Market Overview

At $157,000, Miamisburg offers more affordable housing than most U.S. metros. The local cost of living index is 88.5 (100 = national average), and the median household income of $56,100 provides comfortable purchasing power in this market.

Population
20,135
Median Income
$56,100
Property Tax Rate
1.51%
Cost of Living
88.5
Down Payment (20%)
$31,400
Income Needed
$43,071

Monthly Payment Breakdown for Miamisburg

Based on the median home price of $157,000 with 20% down ($31,400), here is what you can expect to pay monthly in Miamisburg:

Principal & Interest (30-yr at 6.66%)$807
Property Tax$198
Estimated Insurance$39
Total Estimated Monthly$1,044

15-Year vs. 30-Year Mortgage in Miamisburg

Choosing a 15-year mortgage in Miamisburg at 5.92% instead of a 30-year at 6.66% would save you $100,800 in total interest over the life of the loan. However, your monthly payment would be $1,054 instead of $807 — an increase of $247 per month.

Calculate Your Miamisburg Mortgage Payment

Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.

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Frequently Asked Questions About Mortgages in Miamisburg

What are the current mortgage rates in Miamisburg, OH?

As of April 2026, the average 30-year fixed mortgage rate in Miamisburg, Ohio is 6.66%, while the 15-year fixed rate is 5.92%. FHA loans average 6.45% and VA loans 6.2%. These rates are 0.57% above the national average of 6.09%.

How much is a monthly mortgage payment in Miamisburg?

Based on the median home price of $157,000 with 20% down, the estimated monthly mortgage payment in Miamisburg is $807 for principal and interest. Including property taxes of $198/month, the total monthly housing cost is approximately $1,005.

What income do I need to buy a home in Miamisburg?

Using the 28% rule, you would need an annual income of approximately $43,071 to afford the median-priced home in Miamisburg at $157,000. The median household income in Miamisburg is $56,100. The median income is currently sufficient to meet this threshold.

Is Miamisburg a good place to buy a home in 2026?

Miamisburg offers a below-average cost of living with a cost of living index of 88.5 (national average = 100). The property tax rate in Ohio is 1.51%, which is above the national average. Miamisburg has a population of 20,135 and offers a very affordable lifestyle.

Mortgage Rates in Other Ohio Cities

Columbus, OH
6.73% | $335,000
Cleveland, OH
6.73% | $105,000
Cincinnati, OH
6.73% | $195,000
Toledo, OH
6.73% | $115,000
Dayton, OH
6.73% | $95,000

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📊 Sources & Methodology

  • 30-yr/15-yr fixed rates: Freddie Mac Primary Mortgage Market Survey (PMMS), weekly national average adjusted for Ohio regional spread.
  • Median home price: $157,000 sourced from Redfin / Zillow real estate listings (2026 data).
  • Property tax rate: 1.51% effective rate per Tax Foundation 2026 state property tax data.
  • Median household income: $56,100 per US Census Bureau ACS 5-year estimate.
  • Calculations: standard amortization formula M = P[r(1+r)^n] / [(1+r)^n − 1], with r = monthly rate, n = 360 months, P = loan amount (80% of home price).

Last updated: April 2026. Rates are approximate averages based on regional lending data for the Miamisburg, Ohio area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.