Mortgage Rates in San Benito, Texas — March 2026
Updated March 2026 | Based on San Benito market data and regional lending conditions
San Benito is a growing city in Texas with a population of 24,312. The current 30-year fixed mortgage rate in San Benito is 6.61%, which is 0.04% below the national average. With a median home price of $282,000 and a 20% down payment of $56,400, homebuyers can expect a monthly principal and interest payment of approximately $1,442.
Current Mortgage Rates in San Benito, TX
Below are the current average mortgage rates available in the San Benito 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 | 6.61% | 6.65% | -0.04% |
| 15-Year Fixed | 5.88% | 5.89% | -0.01% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.43% | 6.25% | +0.18% |
| VA | 6.18% | 6.05% | +0.13% |
| Jumbo | 6.86% | 6.85% | +0.01% |
San Benito Housing Market Overview
The San Benito housing market offers relatively affordable housing compared to many major cities. The median household income in San Benito is $58,300, and the cost of living index is 83.8 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $79,114 to comfortably afford the median-priced home in San Benito, which exceeds the current median household income.
Monthly Payment Breakdown for San Benito
Based on the median home price of $282,000 with 20% down ($56,400), here is what you can expect to pay monthly in San Benito:
15-Year vs. 30-Year Mortgage in San Benito
Choosing a 15-year mortgage in San Benito at 5.88% instead of a 30-year at 6.61% would save you $179,100 in total interest over the life of the loan. However, your monthly payment would be $1,889 instead of $1,442 — an increase of $447 per month.
Calculate Your San Benito 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 San Benito
What are the current mortgage rates in San Benito, TX?
As of March 2026, the average 30-year fixed mortgage rate in San Benito, Texas is 6.61%, while the 15-year fixed rate is 5.88%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.04% below the national average of 6.65%.
How much is a monthly mortgage payment in San Benito?
Based on the median home price of $282,000 with 20% down, the estimated monthly mortgage payment in San Benito is $1,442 for principal and interest. Including property taxes of $404/month, the total monthly housing cost is approximately $1,846.
What income do I need to buy a home in San Benito?
Using the 28% rule, you would need an annual income of approximately $79,114 to afford the median-priced home in San Benito at $282,000. The median household income in San Benito is $58,300. This means most households would need to either earn above the median or consider homes below $282,000.
Is San Benito a good place to buy a home in 2026?
San Benito offers a below-average cost of living with a cost of living index of 83.8 (national average = 100). The property tax rate in Texas is 1.72%, which is above the national average. San Benito has a population of 24,312 and offers a very affordable lifestyle.
Mortgage Rates in Other Texas Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the San Benito, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.