Mortgage Rates in Stephenville, Texas — March 2026
Updated March 2026 | Based on Stephenville market data and regional lending conditions
Stephenville is a growing city in Texas with a population of 22,269. The current 30-year fixed mortgage rate in Stephenville is 6.06%, which is 0.59% below the national average. With a median home price of $225,000 and a 20% down payment of $45,000, homebuyers can expect a monthly principal and interest payment of approximately $1,087.
Current Mortgage Rates in Stephenville, TX
Below are the current average mortgage rates available in the Stephenville 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 | 6.06% | 6.65% | -0.59% |
| 15-Year Fixed | 5.3% | 5.89% | -0.59% |
| 5/1 ARM | 5.56% | 6.15% | -0.59% |
| FHA | 5.66% | 6.25% | -0.59% |
| VA | 5.46% | 6.05% | -0.59% |
| Jumbo | 6.26% | 6.85% | -0.59% |
Stephenville Housing Market Overview
The Stephenville housing market offers relatively affordable housing compared to many major cities. The median household income in Stephenville is $38,000, and the cost of living index is 84 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $60,814 to comfortably afford the median-priced home in Stephenville, which exceeds the current median household income.
Monthly Payment Breakdown for Stephenville
Based on the median home price of $225,000 with 20% down ($45,000), here is what you can expect to pay monthly in Stephenville:
15-Year vs. 30-Year Mortgage in Stephenville
Choosing a 15-year mortgage in Stephenville at 5.3% instead of a 30-year at 6.06% would save you $129,960 in total interest over the life of the loan. However, your monthly payment would be $1,452 instead of $1,087 — an increase of $365 per month.
Calculate Your Stephenville 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 Stephenville
What are the current mortgage rates in Stephenville, TX?
As of March 2026, the average 30-year fixed mortgage rate in Stephenville, Texas is 6.06%, while the 15-year fixed rate is 5.3%. FHA loans average 5.66% and VA loans 5.46%. These rates are 0.59% below the national average of 6.65%.
How much is a monthly mortgage payment in Stephenville?
Based on the median home price of $225,000 with 20% down, the estimated monthly mortgage payment in Stephenville is $1,087 for principal and interest. Including property taxes of $332/month, the total monthly housing cost is approximately $1,419.
What income do I need to buy a home in Stephenville?
Using the 28% rule, you would need an annual income of approximately $60,814 to afford the median-priced home in Stephenville at $225,000. The median household income in Stephenville is $38,000. This means most households would need to either earn above the median or consider homes below $225,000.
Is Stephenville a good place to buy a home in 2026?
Stephenville offers a below-average cost of living with a cost of living index of 84 (national average = 100). The property tax rate in Texas is 1.77%, which is above the national average. Stephenville has a population of 22,269 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 Stephenville, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.