Compare Current Mansfield, Ohio Mortgage Rates

Compare Mansfield, 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 Mansfield.

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

Mansfield, OH 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.


Compare Today's Mansfield, OH Mortgage Rates

December 1, 2022

Current mortgage rates in Mansfield, OH 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
Mansfield, OH Rates
30 Year Fixed Rate
15 Year Fixed Rate
5/1 Adjustable Rate Mortgage

How Affordable is Housing in Mansfield, Ohio?

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

The median home value for Mansfield, OH (Richland County) is $149,792

Based on current mortgage rates and a 10% down payment, you need to make $24,543 per year to buy the median priced home in Mansfield

With this income, you could qualify for a $134,813 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 Mansfield is $568

The median household income for Mansfield, OH (Richland County) is $55,971

Based on this income, you can afford a home valued at approximately $341,606

The home price you can afford to buy based on household income in Mansfield is 228% of the median home value which means housing prices are affordable. Mansfield (Richland County) ranks 35 out of 88 counties in Ohio and 1,178 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Mansfield, OH is affordable


Loan Limits for Mansfield, Ohio

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

Conforming loan limits for Mansfield, OH

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

FHA loan limits for Mansfield, OH

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

VA loan limits for Mansfield, OH

1 unit: $647,200

Additional Mortgage Resources for Mansfield, OH Residents

Mortgage Rates for Ohio Cities

Akron Mortgage Rates

Bowling Green Mortgage Rates

Canton Mortgage Rates

Cincinnati Mortgage Rates

Cleveland Mortgage Rates

Columbiana Mortgage Rates

Columbus Mortgage Rates

Dayton Mortgage Rates

Delaware Mortgage Rates

Hamilton Mortgage Rates

Kent Mortgage Rates

Lancaster Mortgage Rates

Lima Mortgage Rates

Lorain Mortgage Rates

Mansfield Mortgage Rates

Mason Mortgage Rates

Medina Mortgage Rates

Mentor Mortgage Rates

Miami Mortgage Rates

Milford Mortgage Rates

Newark Mortgage Rates

Springfield Mortgage Rates

Toledo Mortgage Rates

Warren Mortgage Rates

Wayne Mortgage Rates

Xenia Mortgage Rates

Youngstown Mortgage Rates