Spring Hill

Compare Current Spring Hill, Tennessee Mortgage Rates

Compare Spring Hill, TN 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 Spring Hill.

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

Spring Hill, TN Mortgage Rates as of February 8, 2023
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees & Points
  • Contact

Get Personalized Mortgage Quotes

Input your information to receive personalized mortgage quotes from preferred lenders. Comparing proposals from multiple lenders is the best way to save money on your mortgage.

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.

Get Free Personalized Mortgage Quotes

Compare Today's Spring Hill, TN Mortgage Rates

February 8, 2023

Current mortgage rates in Spring Hill, TN 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
Spring Hill, TN Rates
30 Year Fixed Rate
15 Year Fixed Rate
5/1 Adjustable Rate Mortgage

How Affordable is Housing in Spring Hill, Tennessee?

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

The median home value for Spring Hill, TN (Maury County) is $236,729

Based on current mortgage rates and a 10% down payment, you need to make $38,787 per year to buy the median priced home in Spring Hill

With this income, you could qualify for a $213,056 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 Spring Hill is $898

The median household income for Spring Hill, TN (Maury County) is $61,793

Based on this income, you can afford a home valued at approximately $377,144

The home price you can afford to buy based on household income in Spring Hill is 159% of the median home value which means housing prices are average. Spring Hill (Maury County) ranks 72 out of 95 counties in Tennessee and 2,463 out of 3,142 counties in the United States for housing affordability.

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


Loan Limits for Spring Hill, Tennessee

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

Conforming loan limits for Spring Hill, TN

1 unit: $694,600
2 units: $889,200
3 units: $1,074,850
4 units: $1,335,800

FHA loan limits for Spring Hill, TN

1 unit: $694,600
2 units: $889,200
3 units: $1,074,850
4 units: $1,335,800

VA loan limits for Spring Hill, TN

1 unit: $694,600

Additional Mortgage Resources for Spring Hill, 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