Mortgage Rates in Mullins, South Carolina — March 2026
Updated March 2026 | Based on Mullins market data and regional lending conditions
Mullins is a growing city in South Carolina with a population of 4,536. The current 30-year fixed mortgage rate in Mullins is 6.76%, which is 0.11% above the national average. With a median home price of $174,000 and a 20% down payment of $34,800, homebuyers can expect a monthly principal and interest payment of approximately $904.
Current Mortgage Rates in Mullins, SC
Below are the current average mortgage rates available in the Mullins 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 | 6.76% | 6.65% | +0.11% |
| 15-Year Fixed | 6% | 5.89% | +0.11% |
| 5/1 ARM | 6.25% | 6.15% | +0.1% |
| FHA | 6.5% | 6.25% | +0.25% |
| VA | 6.25% | 6.05% | +0.2% |
| Jumbo | 7.01% | 6.85% | +0.16% |
Mullins Housing Market Overview
The Mullins housing market offers relatively affordable housing compared to many major cities. The median household income in Mullins is $56,300, and the cost of living index is 84 (national average = 100). Based on the 28% affordability rule, the median income in Mullins is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Mullins
Based on the median home price of $174,000 with 20% down ($34,800), here is what you can expect to pay monthly in Mullins:
15-Year vs. 30-Year Mortgage in Mullins
Choosing a 15-year mortgage in Mullins at 6% instead of a 30-year at 6.76% would save you $113,940 in total interest over the life of the loan. However, your monthly payment would be $1,175 instead of $904 — an increase of $271 per month.
Calculate Your Mullins 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 Mullins
What are the current mortgage rates in Mullins, SC?
As of March 2026, the average 30-year fixed mortgage rate in Mullins, South Carolina is 6.76%, while the 15-year fixed rate is 6%. FHA loans average 6.5% and VA loans 6.25%. These rates are 0.11% above the national average of 6.65%.
How much is a monthly mortgage payment in Mullins?
Based on the median home price of $174,000 with 20% down, the estimated monthly mortgage payment in Mullins is $904 for principal and interest. Including property taxes of $83/month, the total monthly housing cost is approximately $987.
What income do I need to buy a home in Mullins?
Using the 28% rule, you would need an annual income of approximately $42,300 to afford the median-priced home in Mullins at $174,000. The median household income in Mullins is $56,300. The median income is currently sufficient to meet this threshold.
Is Mullins a good place to buy a home in 2026?
Mullins offers a below-average cost of living with a cost of living index of 84 (national average = 100). The property tax rate in South Carolina is 0.57%, which is below the national average. Mullins has a population of 4,536 and offers a very affordable lifestyle.
Mortgage Rates in Other South Carolina Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Mullins, South Carolina area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.