Mortgage Rates in Taylors, South Carolina — March 2026
Updated March 2026 | Based on Taylors market data and regional lending conditions
Taylors is a growing city in South Carolina with a population of 23,720. The current 30-year fixed mortgage rate in Taylors is 6.84%, which is 0.19% above the national average. With a median home price of $196,000 and a 20% down payment of $39,200, homebuyers can expect a monthly principal and interest payment of approximately $1,026.
Current Mortgage Rates in Taylors, SC
Below are the current average mortgage rates available in the Taylors 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 | 6.84% | 6.65% | +0.19% |
| 15-Year Fixed | 6.06% | 5.89% | +0.17% |
| 5/1 ARM | 6.3% | 6.15% | +0.15% |
| FHA | 6.55% | 6.25% | +0.3% |
| VA | 6.3% | 6.05% | +0.25% |
| Jumbo | 7.09% | 6.85% | +0.24% |
Taylors Housing Market Overview
The Taylors housing market offers relatively affordable housing compared to many major cities. The median household income in Taylors is $54,200, and the cost of living index is 92.4 (national average = 100). Based on the 28% affordability rule, the median income in Taylors is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Taylors
Based on the median home price of $196,000 with 20% down ($39,200), here is what you can expect to pay monthly in Taylors:
15-Year vs. 30-Year Mortgage in Taylors
Choosing a 15-year mortgage in Taylors at 6.06% instead of a 30-year at 6.84% would save you $130,320 in total interest over the life of the loan. However, your monthly payment would be $1,328 instead of $1,026 — an increase of $302 per month.
Calculate Your Taylors 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 Taylors
What are the current mortgage rates in Taylors, SC?
As of March 2026, the average 30-year fixed mortgage rate in Taylors, South Carolina is 6.84%, while the 15-year fixed rate is 6.06%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.19% above the national average of 6.65%.
How much is a monthly mortgage payment in Taylors?
Based on the median home price of $196,000 with 20% down, the estimated monthly mortgage payment in Taylors is $1,026 for principal and interest. Including property taxes of $96/month, the total monthly housing cost is approximately $1,122.
What income do I need to buy a home in Taylors?
Using the 28% rule, you would need an annual income of approximately $48,086 to afford the median-priced home in Taylors at $196,000. The median household income in Taylors is $54,200. The median income is currently sufficient to meet this threshold.
Is Taylors a good place to buy a home in 2026?
Taylors offers a below-average cost of living with a cost of living index of 92.4 (national average = 100). The property tax rate in South Carolina is 0.59%, which is below the national average. Taylors has a population of 23,720 and offers a very affordable lifestyle.
Mortgage Rates in Other South Carolina Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Taylors, South Carolina area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.