»
»
Salina

Compare Current Salina, Kansas Mortgage Rates

Compare Salina, 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 Salina.

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

%
Salina, KS Mortgage Rates as of October 13, 2024
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees & Points
  • Contact

%
Get Personalized Mortgage Quotes

Input your information to receive personalized mortgage quotes from preferred lenders. Comparing proposals from multiple lenders is the best way to save money on your mortgage.

Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Read through our lender table disclaimer for more information on rates and product details.

Get Free Personalized Mortgage Quotes

Compare Today's Salina, KS Mortgage Rates

October 13, 2024

Current mortgage rates in Salina, 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
Salina, KS Rates
National
Average
Comparison
30 Year Fixed Rate
%
6.669%
15 Year Fixed Rate
%
5.960%
5/1 Adjustable Rate Mortgage
%
6.250%

How Affordable is Housing in Salina, Kansas?

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

The median home value for Salina, KS (Saline County) is $162,802

Based on current mortgage rates and a 10% down payment, you need to make $33,963 per year to buy the median priced home in Salina

With this income, you could qualify for a $146,522 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 Salina is $787

The median household income for Salina, KS (Saline County) is $55,981

Based on this income, you can afford a home valued at approximately $268,342

The home price you can afford to buy based on household income in Salina is 165% of the median home value which means housing prices are average. Salina (Saline County) ranks 92 out of 105 counties in Kansas and 1,501 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Salina, KS is average

orange-simple-house
ruler

Loan Limits for Salina, Kansas

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Salina (Saline County) below.

Conforming loan limits for Salina, KS

1 unit: $726,200
2 units: $929,850
3 units: $1,123,900
4 units: $1,396,800

FHA loan limits for Salina, KS

1 unit: $472,030
2 units: $604,400
3 units: $730,525
4 units: $907,900

VA loan limits for Salina, KS

1 unit: $726,200

Additional Mortgage Resources for Salina, 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