Mortgage Rates in Paducah, Kentucky — March 2026
Updated March 2026 | Based on Paducah market data and regional lending conditions
Paducah is a growing city in Kentucky with a population of 27,127. The current 30-year fixed mortgage rate in Paducah is 6.02%, which is 0.63% below the national average. With a median home price of $125,000 and a 20% down payment of $25,000, homebuyers can expect a monthly principal and interest payment of approximately $601.
Current Mortgage Rates in Paducah, KY
Below are the current average mortgage rates available in the Paducah 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 | 6.02% | 6.65% | -0.63% |
| 15-Year Fixed | 5.26% | 5.89% | -0.63% |
| 5/1 ARM | 5.52% | 6.15% | -0.63% |
| FHA | 5.62% | 6.25% | -0.63% |
| VA | 5.42% | 6.05% | -0.63% |
| Jumbo | 6.22% | 6.85% | -0.63% |
Paducah Housing Market Overview
The Paducah housing market offers relatively affordable housing compared to many major cities. The median household income in Paducah is $35,000, and the cost of living index is 78 (national average = 100). Based on the 28% affordability rule, the median income in Paducah is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Paducah
Based on the median home price of $125,000 with 20% down ($25,000), here is what you can expect to pay monthly in Paducah:
15-Year vs. 30-Year Mortgage in Paducah
Choosing a 15-year mortgage in Paducah at 5.26% instead of a 30-year at 6.02% would save you $71,640 in total interest over the life of the loan. However, your monthly payment would be $804 instead of $601 — an increase of $203 per month.
Calculate Your Paducah 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 Paducah
What are the current mortgage rates in Paducah, KY?
As of March 2026, the average 30-year fixed mortgage rate in Paducah, Kentucky is 6.02%, while the 15-year fixed rate is 5.26%. FHA loans average 5.62% and VA loans 5.42%. These rates are 0.63% below the national average of 6.65%.
How much is a monthly mortgage payment in Paducah?
Based on the median home price of $125,000 with 20% down, the estimated monthly mortgage payment in Paducah is $601 for principal and interest. Including property taxes of $85/month, the total monthly housing cost is approximately $686.
What income do I need to buy a home in Paducah?
Using the 28% rule, you would need an annual income of approximately $29,400 to afford the median-priced home in Paducah at $125,000. The median household income in Paducah is $35,000. The median income is currently sufficient to meet this threshold.
Is Paducah a good place to buy a home in 2026?
Paducah offers a below-average cost of living with a cost of living index of 78 (national average = 100). The property tax rate in Kentucky is 0.82%, which is near the national average. Paducah has a population of 27,127 and offers a very affordable lifestyle.
Mortgage Rates in Other Kentucky Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Paducah, Kentucky area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.