Mortgage Rates in Sulphur Springs, Texas — March 2026
Updated March 2026 | Based on Sulphur Springs market data and regional lending conditions
Sulphur Springs is a growing city in Texas with a population of 16,054. The current 30-year fixed mortgage rate in Sulphur Springs is 6.66%, which is 0.01% above the national average. With a median home price of $234,000 and a 20% down payment of $46,800, homebuyers can expect a monthly principal and interest payment of approximately $1,203.
Current Mortgage Rates in Sulphur Springs, TX
Below are the current average mortgage rates available in the Sulphur Springs 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 | 6.66% | 6.65% | +0.01% |
| 15-Year Fixed | 5.92% | 5.89% | +0.03% |
| 5/1 ARM | 6.2% | 6.15% | +0.05% |
| FHA | 6.46% | 6.25% | +0.21% |
| VA | 6.21% | 6.05% | +0.16% |
| Jumbo | 6.91% | 6.85% | +0.06% |
Sulphur Springs Housing Market Overview
The Sulphur Springs housing market offers relatively affordable housing compared to many major cities. The median household income in Sulphur Springs is $64,600, and the cost of living index is 84.7 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $67,457 to comfortably afford the median-priced home in Sulphur Springs, which exceeds the current median household income.
Monthly Payment Breakdown for Sulphur Springs
Based on the median home price of $234,000 with 20% down ($46,800), here is what you can expect to pay monthly in Sulphur Springs:
15-Year vs. 30-Year Mortgage in Sulphur Springs
Choosing a 15-year mortgage in Sulphur Springs at 5.92% instead of a 30-year at 6.66% would save you $150,120 in total interest over the life of the loan. However, your monthly payment would be $1,572 instead of $1,203 — an increase of $369 per month.
Calculate Your Sulphur Springs 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 Sulphur Springs
What are the current mortgage rates in Sulphur Springs, TX?
As of March 2026, the average 30-year fixed mortgage rate in Sulphur Springs, Texas is 6.66%, while the 15-year fixed rate is 5.92%. FHA loans average 6.46% and VA loans 6.21%. These rates are 0.01% above the national average of 6.65%.
How much is a monthly mortgage payment in Sulphur Springs?
Based on the median home price of $234,000 with 20% down, the estimated monthly mortgage payment in Sulphur Springs is $1,203 for principal and interest. Including property taxes of $371/month, the total monthly housing cost is approximately $1,574.
What income do I need to buy a home in Sulphur Springs?
Using the 28% rule, you would need an annual income of approximately $67,457 to afford the median-priced home in Sulphur Springs at $234,000. The median household income in Sulphur Springs is $64,600. This means most households would need to either earn above the median or consider homes below $234,000.
Is Sulphur Springs a good place to buy a home in 2026?
Sulphur Springs offers a below-average cost of living with a cost of living index of 84.7 (national average = 100). The property tax rate in Texas is 1.9%, which is above the national average. Sulphur Springs has a population of 16,054 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 Sulphur Springs, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.