Mortgage Rates in Mount Juliet, Tennessee — March 2026
Updated March 2026 | Based on Mount Juliet market data and regional lending conditions
Mount Juliet is a growing city in Tennessee with a population of 40,938. The current 30-year fixed mortgage rate in Mount Juliet is 6.44%, which is 0.21% below the national average. With a median home price of $425,000 and a 20% down payment of $85,000, homebuyers can expect a monthly principal and interest payment of approximately $2,136.
Current Mortgage Rates in Mount Juliet, TN
Below are the current average mortgage rates available in the Mount Juliet 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 | 6.44% | 6.65% | -0.21% |
| 15-Year Fixed | 5.68% | 5.89% | -0.21% |
| 5/1 ARM | 5.94% | 6.15% | -0.21% |
| FHA | 6.04% | 6.25% | -0.21% |
| VA | 5.84% | 6.05% | -0.21% |
| Jumbo | 6.64% | 6.85% | -0.21% |
Mount Juliet Housing Market Overview
The Mount Juliet housing market reflects moderate demand with prices near the national average. The median household income in Mount Juliet is $78,000, and the cost of living index is 100 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $102,771 to comfortably afford the median-priced home in Mount Juliet, which exceeds the current median household income.
Monthly Payment Breakdown for Mount Juliet
Based on the median home price of $425,000 with 20% down ($85,000), here is what you can expect to pay monthly in Mount Juliet:
15-Year vs. 30-Year Mortgage in Mount Juliet
Choosing a 15-year mortgage in Mount Juliet at 5.68% instead of a 30-year at 6.44% would save you $262,980 in total interest over the life of the loan. However, your monthly payment would be $2,811 instead of $2,136 — an increase of $675 per month.
Calculate Your Mount Juliet Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Mount Juliet
What are the current mortgage rates in Mount Juliet, TN?
As of March 2026, the average 30-year fixed mortgage rate in Mount Juliet, Tennessee is 6.44%, while the 15-year fixed rate is 5.68%. FHA loans average 6.04% and VA loans 5.84%. These rates are 0.21% below the national average of 6.65%.
How much is a monthly mortgage payment in Mount Juliet?
Based on the median home price of $425,000 with 20% down, the estimated monthly mortgage payment in Mount Juliet is $2,136 for principal and interest. Including property taxes of $262/month, the total monthly housing cost is approximately $2,398.
What income do I need to buy a home in Mount Juliet?
Using the 28% rule, you would need an annual income of approximately $102,771 to afford the median-priced home in Mount Juliet at $425,000. The median household income in Mount Juliet is $78,000. This means most households would need to either earn above the median or consider homes below $425,000.
Is Mount Juliet a good place to buy a home in 2026?
Mount Juliet offers a below-average cost of living with a cost of living index of 100 (national average = 100). The property tax rate in Tennessee is 0.74%, which is below the national average. Mount Juliet has a population of 40,938 and offers a balanced lifestyle.
Mortgage Rates in Other Tennessee Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Mount Juliet, Tennessee area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.