Mortgage Rates in Orangeburg, South Carolina — March 2026
Updated March 2026 | Based on Orangeburg market data and regional lending conditions
Orangeburg is a growing city in South Carolina with a population of 12,639. The current 30-year fixed mortgage rate in Orangeburg is 6.73%, which is 0.08% above the national average. With a median home price of $199,000 and a 20% down payment of $39,800, homebuyers can expect a monthly principal and interest payment of approximately $1,030.
Current Mortgage Rates in Orangeburg, SC
Below are the current average mortgage rates available in the Orangeburg 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 | 6.73% | 6.65% | +0.08% |
| 15-Year Fixed | 5.98% | 5.89% | +0.09% |
| 5/1 ARM | 6.24% | 6.15% | +0.09% |
| FHA | 6.49% | 6.25% | +0.24% |
| VA | 6.24% | 6.05% | +0.19% |
| Jumbo | 6.98% | 6.85% | +0.13% |
Orangeburg Housing Market Overview
The Orangeburg housing market offers relatively affordable housing compared to many major cities. The median household income in Orangeburg is $46,400, and the cost of living index is 82.2 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $48,429 to comfortably afford the median-priced home in Orangeburg, which exceeds the current median household income.
Monthly Payment Breakdown for Orangeburg
Based on the median home price of $199,000 with 20% down ($39,800), here is what you can expect to pay monthly in Orangeburg:
15-Year vs. 30-Year Mortgage in Orangeburg
Choosing a 15-year mortgage in Orangeburg at 5.98% instead of a 30-year at 6.73% would save you $129,240 in total interest over the life of the loan. However, your monthly payment would be $1,342 instead of $1,030 — an increase of $312 per month.
Calculate Your Orangeburg 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 Orangeburg
What are the current mortgage rates in Orangeburg, SC?
As of March 2026, the average 30-year fixed mortgage rate in Orangeburg, South Carolina is 6.73%, while the 15-year fixed rate is 5.98%. FHA loans average 6.49% and VA loans 6.24%. These rates are 0.08% above the national average of 6.65%.
How much is a monthly mortgage payment in Orangeburg?
Based on the median home price of $199,000 with 20% down, the estimated monthly mortgage payment in Orangeburg is $1,030 for principal and interest. Including property taxes of $100/month, the total monthly housing cost is approximately $1,130.
What income do I need to buy a home in Orangeburg?
Using the 28% rule, you would need an annual income of approximately $48,429 to afford the median-priced home in Orangeburg at $199,000. The median household income in Orangeburg is $46,400. This means most households would need to either earn above the median or consider homes below $199,000.
Is Orangeburg a good place to buy a home in 2026?
Orangeburg offers a below-average cost of living with a cost of living index of 82.2 (national average = 100). The property tax rate in South Carolina is 0.6%, which is below the national average. Orangeburg has a population of 12,639 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 Orangeburg, South Carolina area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.