»
»
Butler

Compare Current Butler, Kansas Mortgage Rates

Compare Butler, KS mortgage rates and fees from top lenders. 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 lowest mortgage rates in Butler.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Butler. Plus, shopping lenders is free and there is no obligation.

%
Butler, KS Mortgage Rates as of December 1, 2022
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees & Points
  • Contact
Data provided by Icanbuy. Payments do not include amounts for taxes and insurance premiums. Read through our lender table disclaimer for more information on rates and product details.
PERSONALIZED MORTGAGE QUOTE

$
LEADING LENDERS ● LOW RATES ● FREE ● NO SSN

Compare Today's Butler, KS Mortgage Rates

December 1, 2022

Current mortgage rates in Butler, KS are % for a 30 year fixed rate loan, % for a 15 year fixed loan and % for a 5/1 adjustable rate mortgage (ARM)

Mortgage Program
Today's
Butler, KS Rates
National
Average
Comparison
30 Year Fixed Rate
%
6.580%
15 Year Fixed Rate
%
5.900%
5/1 Adjustable Rate Mortgage
%
5.895%

How Affordable is Housing in Butler, Kansas?

Below we provide helpful information on the real estate market, home prices and housing affordability in Butler. Understand how much you need to earn to afford a home in Butler, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Butler 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 Butler is right for you.

The median home value for Butler, KS is $190,476

Based on current mortgage rates and a 10% down payment, you need to make $31,209 per year to buy the median priced home in Butler

With this income, you could qualify for a $171,428 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 Butler is $723

The median household income for Butler, KS is $66,961

Based on this income, you can afford a home valued at approximately $408,683

The home price you can afford to buy based on household income in Butler is 215% of the median home value which means housing prices are affordable. Butler ranks 94 out of 105 counties in Kansas and 1,439 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Butler, KS is affordable

orange-simple-house
ruler

Loan Limits for Butler, Kansas

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Butler below.

Conforming loan limits for Butler, KS

1 unit: $647,200
2 units: $828,700
3 units: $1,001,650
4 units: $1,244,850

FHA loan limits for Butler, KS

1 unit: $420,680
2 units: $538,650
3 units: $651,050
4 units: $809,150

VA loan limits for Butler, KS

1 unit: $647,200

Additional Mortgage Resources for Butler, KS Residents

Mortgage Rates for Kansas Cities

Butler Mortgage Rates

Edwardsville Mortgage Rates

Hutchinson Mortgage Rates

Lawrence Mortgage Rates

Leavenworth Mortgage Rates

Manhattan Mortgage Rates

Olathe Mortgage Rates

Salina Mortgage Rates

Topeka Mortgage Rates

Wichita Mortgage Rates