Mortgage Rates in Overland Park, Kansas — March 2026
Updated March 2026 | Based on Overland Park market data and regional lending conditions
Overland Park is a growing city in Kansas with a population of 197,238. The current 30-year fixed mortgage rate in Overland Park is 6.74%, which is 0.09% above the national average. With a median home price of $365,000 and a 20% down payment of $73,000, homebuyers can expect a monthly principal and interest payment of approximately $1,892.
Current Mortgage Rates in Overland Park, KS
Below are the current average mortgage rates available in the Overland Park 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 | 6.74% | 6.65% | +0.09% |
| 15-Year Fixed | 5.98% | 5.89% | +0.09% |
| 5/1 ARM | 6.24% | 6.15% | +0.09% |
| FHA | 6.34% | 6.25% | +0.09% |
| VA | 6.14% | 6.05% | +0.09% |
| Jumbo | 6.94% | 6.85% | +0.09% |
Overland Park Housing Market Overview
The Overland Park housing market reflects moderate demand with prices near the national average. The median household income in Overland Park is $85,250, and the cost of living index is 97.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $99,471 to comfortably afford the median-priced home in Overland Park, which exceeds the current median household income.
Monthly Payment Breakdown for Overland Park
Based on the median home price of $365,000 with 20% down ($73,000), here is what you can expect to pay monthly in Overland Park:
15-Year vs. 30-Year Mortgage in Overland Park
Choosing a 15-year mortgage in Overland Park at 5.98% instead of a 30-year at 6.74% would save you $238,140 in total interest over the life of the loan. However, your monthly payment would be $2,461 instead of $1,892 — an increase of $569 per month.
Calculate Your Overland Park 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 Overland Park
What are the current mortgage rates in Overland Park, KS?
As of March 2026, the average 30-year fixed mortgage rate in Overland Park, Kansas is 6.74%, while the 15-year fixed rate is 5.98%. FHA loans average 6.34% and VA loans 6.14%. These rates are 0.09% above the national average of 6.65%.
How much is a monthly mortgage payment in Overland Park?
Based on the median home price of $365,000 with 20% down, the estimated monthly mortgage payment in Overland Park is $1,892 for principal and interest. Including property taxes of $429/month, the total monthly housing cost is approximately $2,321.
What income do I need to buy a home in Overland Park?
Using the 28% rule, you would need an annual income of approximately $99,471 to afford the median-priced home in Overland Park at $365,000. The median household income in Overland Park is $85,250. This means most households would need to either earn above the median or consider homes below $365,000.
Is Overland Park a good place to buy a home in 2026?
Overland Park offers a below-average cost of living with a cost of living index of 97.5 (national average = 100). The property tax rate in Kansas is 1.41%, which is near the national average. Overland Park has a population of 197,238 and offers a balanced lifestyle.
Mortgage Rates in Other Kansas Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Overland Park, Kansas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.