Compare Hamilton, OH 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 Hamilton.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Hamilton. Plus, shopping lenders is free and there is no obligation.
May 26, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Hamilton. Understand how much you need to earn to afford a home in Hamilton, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Hamilton 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 Hamilton is right for you.
The median home value for Hamilton, OH (Butler County) is $239,290
Based on current mortgage rates and a 10% down payment, you need to make $39,207 per year to buy the median priced home in Hamilton
With this income, you could qualify for a $215,361 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 Hamilton is $908
The median household income for Hamilton, OH (Butler County) is $74,131
Based on this income, you can afford a home valued at approximately $452,440
The home price you can afford to buy based on household income in Hamilton is 189% of the median home value which means housing prices are average. Hamilton (Butler County) ranks 76 out of 88 counties in Ohio and 1,962 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Hamilton, OH is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Hamilton (Butler County) below.
Conforming loan limits for Hamilton, OH
FHA loan limits for Hamilton, OH
VA loan limits for Hamilton, OH