Compare Harrisburg, PA 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 Harrisburg.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Harrisburg. Plus, shopping lenders is free and there is no obligation.
January 19, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Harrisburg. Understand how much you need to earn to afford a home in Harrisburg, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Harrisburg 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 Harrisburg is right for you.
The median home value for Harrisburg, PA (Dauphin County) is $205,265
Based on current mortgage rates and a 10% down payment, you need to make $33,632 per year to buy the median priced home in Harrisburg
With this income, you could qualify for a $184,738 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 Harrisburg is $779
The median household income for Harrisburg, PA (Dauphin County) is $65,645
Based on this income, you can afford a home valued at approximately $400,648
The home price you can afford to buy based on household income in Harrisburg is 195% of the median home value which means housing prices are average. Harrisburg (Dauphin County) ranks 37 out of 67 counties in Pennsylvania and 1,825 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Harrisburg, PA is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Harrisburg (Dauphin County) below.
Conforming loan limits for Harrisburg, PA
FHA loan limits for Harrisburg, PA
VA loan limits for Harrisburg, PA