Mortgage Rates in Schertz, Texas — March 2026
Updated March 2026 | Based on Schertz market data and regional lending conditions
Schertz is a growing city in Texas with a population of 42,662. The current 30-year fixed mortgage rate in Schertz is 6.74%, which is 0.09% above the national average. With a median home price of $250,000 and a 20% down payment of $50,000, homebuyers can expect a monthly principal and interest payment of approximately $1,296.
Current Mortgage Rates in Schertz, TX
Below are the current average mortgage rates available in the Schertz 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 | 6.49% | 6.25% | +0.24% |
| VA | 6.24% | 6.05% | +0.19% |
| Jumbo | 6.99% | 6.85% | +0.14% |
Schertz Housing Market Overview
The Schertz housing market offers relatively affordable housing compared to many major cities. The median household income in Schertz is $55,000, and the cost of living index is 85 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $71,614 to comfortably afford the median-priced home in Schertz, which exceeds the current median household income.
Monthly Payment Breakdown for Schertz
Based on the median home price of $250,000 with 20% down ($50,000), here is what you can expect to pay monthly in Schertz:
15-Year vs. 30-Year Mortgage in Schertz
Choosing a 15-year mortgage in Schertz at 5.98% instead of a 30-year at 6.74% would save you $163,080 in total interest over the life of the loan. However, your monthly payment would be $1,686 instead of $1,296 — an increase of $390 per month.
Calculate Your Schertz Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Schertz
What are the current mortgage rates in Schertz, TX?
As of March 2026, the average 30-year fixed mortgage rate in Schertz, Texas is 6.74%, while the 15-year fixed rate is 5.98%. FHA loans average 6.49% and VA loans 6.24%. These rates are 0.09% above the national average of 6.65%.
How much is a monthly mortgage payment in Schertz?
Based on the median home price of $250,000 with 20% down, the estimated monthly mortgage payment in Schertz is $1,296 for principal and interest. Including property taxes of $375/month, the total monthly housing cost is approximately $1,671.
What income do I need to buy a home in Schertz?
Using the 28% rule, you would need an annual income of approximately $71,614 to afford the median-priced home in Schertz at $250,000. The median household income in Schertz is $55,000. This means most households would need to either earn above the median or consider homes below $250,000.
Is Schertz a good place to buy a home in 2026?
Schertz offers a below-average cost of living with a cost of living index of 85 (national average = 100). The property tax rate in Texas is 1.8%, which is above the national average. Schertz has a population of 42,662 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 Schertz, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.