Compare mortgage rates and fees for leading lenders in Kissimmee, FL. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lender offering the best mortgage rates in Kissimmee.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Kissimmee. Plus, shopping lenders is free and there is no obligation.
September 18, 2020
The current average rate for a 30 year fixed rate mortgage in Kissimmee is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%
Below we provide helpful information on the real estate market, home prices and housing affordability in Kissimmee. Understand how much you need to earn to afford a home in Kissimmee, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Kissimmee fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Kissimmee is right for you.
The median home value for Kissimmee, FL (Osceola County) is $238,502
Based on current mortgage rates and a 10% down payment, you need to make $42,924 per year to buy the median priced home in Kissimmee
With this income, you could qualify for a $214,652 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Kissimmee is $994
The median household income for Kissimmee, FL (Osceola County) is $49,930
Based on this income, you can afford a home valued at approximately $277,428
The home price you can afford to buy based on household income in Kissimmee is 116% of the median home value which means housing prices are average. Kissimmee (Osceola County) ranks 55 out of 67 counties in Florida and 2,878 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Kissimmee, FL is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Kissimmee (Osceola County) below.
Conforming loan limits for Kissimmee, FL
FHA loan limits for Kissimmee, FL
VA loan limits for Kissimmee, FL