Mortgage Rates in Vandalia, Ohio — March 2026
Updated March 2026 | Based on Vandalia market data and regional lending conditions
Vandalia is a growing city in Ohio with a population of 14,976. The current 30-year fixed mortgage rate in Vandalia is 6.65%, which is at the national average. With a median home price of $161,000 and a 20% down payment of $32,200, homebuyers can expect a monthly principal and interest payment of approximately $827.
Current Mortgage Rates in Vandalia, OH
Below are the current average mortgage rates available in the Vandalia 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 | 6.65% | 6.65% | 0% |
| 15-Year Fixed | 5.91% | 5.89% | +0.02% |
| 5/1 ARM | 6.19% | 6.15% | +0.04% |
| FHA | 6.45% | 6.25% | +0.2% |
| VA | 6.2% | 6.05% | +0.15% |
| Jumbo | 6.9% | 6.85% | +0.05% |
Vandalia Housing Market Overview
The Vandalia housing market offers relatively affordable housing compared to many major cities. The median household income in Vandalia is $48,900, and the cost of living index is 79.5 (national average = 100). Based on the 28% affordability rule, the median income in Vandalia is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Vandalia
Based on the median home price of $161,000 with 20% down ($32,200), here is what you can expect to pay monthly in Vandalia:
15-Year vs. 30-Year Mortgage in Vandalia
Choosing a 15-year mortgage in Vandalia at 5.91% instead of a 30-year at 6.65% would save you $103,140 in total interest over the life of the loan. However, your monthly payment would be $1,081 instead of $827 — an increase of $254 per month.
Calculate Your Vandalia 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 Vandalia
What are the current mortgage rates in Vandalia, OH?
As of March 2026, the average 30-year fixed mortgage rate in Vandalia, Ohio is 6.65%, while the 15-year fixed rate is 5.91%. FHA loans average 6.45% and VA loans 6.2%. These rates are at the national average of 6.65%.
How much is a monthly mortgage payment in Vandalia?
Based on the median home price of $161,000 with 20% down, the estimated monthly mortgage payment in Vandalia is $827 for principal and interest. Including property taxes of $211/month, the total monthly housing cost is approximately $1,038.
What income do I need to buy a home in Vandalia?
Using the 28% rule, you would need an annual income of approximately $44,486 to afford the median-priced home in Vandalia at $161,000. The median household income in Vandalia is $48,900. The median income is currently sufficient to meet this threshold.
Is Vandalia a good place to buy a home in 2026?
Vandalia offers a below-average cost of living with a cost of living index of 79.5 (national average = 100). The property tax rate in Ohio is 1.57%, which is above the national average. Vandalia has a population of 14,976 and offers a very affordable lifestyle.
Mortgage Rates in Other Ohio Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Vandalia, Ohio area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.