»
»
Blountville

Current Mortgage Rates in Blountville, Tennessee

Compare mortgage rates and fees for leading lenders in Blountville, TN. 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 Blountville.

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

%
Mortgage Rates in Blountville, TN as of July 9, 2020
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees
  • Contact
Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.
PERSONALIZED MORTGAGE QUOTE

$
LEADING LENDERS ● LOW RATES ● FREE ● NO SSN

How Do Today's Blountville, TN Mortgage Rates Compare?

July 9, 2020

The current average rate for a 30 year fixed rate mortgage in Blountville 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%

Mortgage Program
Today's
Blountville, TN Rates
National
Average
Comparison
30 Year Fixed Rate
A.AAA%
3.650%
15 Year Fixed Rate
B.BBB%
3.090%
5/1 Adjustable Rate Mortgage
C.CCC%
3.390%

How Affordable is Housing in Blountville, Tennessee?

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

The median home value for Blountville, TN (Sullivan County) is $159,386

Based on current mortgage rates and a 10% down payment, you need to make $28,685 per year to buy the median priced home in Blountville

With this income, you could qualify for a $143,448 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 Blountville is $664

The median household income for Blountville, TN (Sullivan County) is $44,560

Based on this income, you can afford a home valued at approximately $247,589

The home price you can afford to buy based on household income in Blountville is 155% of the median home value which means housing prices are average. Blountville (Sullivan County) ranks 71 out of 95 counties in Tennessee and 2,443 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Blountville, TN is average

orange-simple-house
ruler

Loan Limits for Blountville, Tennessee

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

Conforming loan limits for Blountville, TN

1 unit: $510,400
2 units: $653,550
3 units: $789,950
4 units: $981,700

FHA loan limits for Blountville, TN

1 unit: $331,760
2 units: $424,800
3 units: $513,450
4 units: $638,100

VA loan limits for Blountville, TN

1 unit: $510,400

Additional Mortgage Resources for Blountville, TN Residents

Mortgage Rates for Tennessee Cities

Blountville Mortgage Rates

Chattanooga Mortgage Rates

Clarksville Mortgage Rates

Cleveland Mortgage Rates

Franklin Mortgage Rates

Hendersonville Mortgage Rates

Jackson Mortgage Rates

Johnson City Mortgage Rates

Knoxville Mortgage Rates

Maryville Mortgage Rates

Memphis Mortgage Rates

Mt. Juliet Mortgage Rates

Murfreesboro Mortgage Rates

Nashville Mortgage Rates

Sevier Mortgage Rates

Spring Hill Mortgage Rates