Mortgage Rates in North Richland Hills, Texas — March 2026
Updated March 2026 | Based on North Richland Hills market data and regional lending conditions
North Richland Hills is a growing city in Texas with a population of 70,250. The current 30-year fixed mortgage rate in North Richland Hills is 6.7%, which is 0.05% above the national average. With a median home price of $295,000 and a 20% down payment of $59,000, homebuyers can expect a monthly principal and interest payment of approximately $1,523.
Current Mortgage Rates in North Richland Hills, TX
Below are the current average mortgage rates available in the North Richland Hills 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% |
North Richland Hills Housing Market Overview
The North Richland Hills housing market offers relatively affordable housing compared to many major cities. The median household income in North Richland Hills is $68,250, and the cost of living index is 92.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $84,257 to comfortably afford the median-priced home in North Richland Hills, which exceeds the current median household income.
Monthly Payment Breakdown for North Richland Hills
Based on the median home price of $295,000 with 20% down ($59,000), here is what you can expect to pay monthly in North Richland Hills:
15-Year vs. 30-Year Mortgage in North Richland Hills
Choosing a 15-year mortgage in North Richland Hills at 5.94% instead of a 30-year at 6.7% would save you $191,160 in total interest over the life of the loan. However, your monthly payment would be $1,984 instead of $1,523 — an increase of $461 per month.
Calculate Your North Richland Hills 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 North Richland Hills
What are the current mortgage rates in North Richland Hills, TX?
As of March 2026, the average 30-year fixed mortgage rate in North Richland Hills, Texas 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 North Richland Hills?
Based on the median home price of $295,000 with 20% down, the estimated monthly mortgage payment in North Richland Hills is $1,523 for principal and interest. Including property taxes of $443/month, the total monthly housing cost is approximately $1,966.
What income do I need to buy a home in North Richland Hills?
Using the 28% rule, you would need an annual income of approximately $84,257 to afford the median-priced home in North Richland Hills at $295,000. The median household income in North Richland Hills is $68,250. This means most households would need to either earn above the median or consider homes below $295,000.
Is North Richland Hills a good place to buy a home in 2026?
North Richland Hills offers a below-average cost of living with a cost of living index of 92.5 (national average = 100). The property tax rate in Texas is 1.8%, which is above the national average. North Richland Hills has a population of 70,250 and offers a very affordable lifestyle.
Mortgage Rates in Other Texas Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the North Richland Hills, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.