Compare mortgage rates and fees for leading lenders in Carlisle, PA. 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 Carlisle.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Carlisle. Plus, shopping lenders is free and there is no obligation.
July 9, 2020
The current average rate for a 30 year fixed rate mortgage in Carlisle 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 Carlisle. Understand how much you need to earn to afford a home in Carlisle, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Carlisle 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 Carlisle is right for you.
The median home value for Carlisle, PA (Cumberland County) is $225,158
Based on current mortgage rates and a 10% down payment, you need to make $40,523 per year to buy the median priced home in Carlisle
With this income, you could qualify for a $202,642 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 Carlisle is $938
The median household income for Carlisle, PA (Cumberland County) is $69,125
Based on this income, you can afford a home valued at approximately $384,085
The home price you can afford to buy based on household income in Carlisle is 171% of the median home value which means housing prices are average. Carlisle (Cumberland County) ranks 52 out of 67 counties in Pennsylvania and 2,160 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Carlisle, PA is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Carlisle (Cumberland County) below.
Conforming loan limits for Carlisle, PA
FHA loan limits for Carlisle, PA
VA loan limits for Carlisle, PA