»
»
Abilene

Compare Current Abilene, Texas Mortgage Rates

Compare Abilene, TX 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 Abilene.

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

%
Abilene, TX Mortgage Rates as of May 26, 2022
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees & Points
  • Contact
Data provided by Icanbuy, LLC. Payments do not include amounts for taxes and insurance premiums. Read through our lender table disclaimer for more information on rates and product details.
PERSONALIZED MORTGAGE QUOTE

$
LEADING LENDERS ● LOW RATES ● FREE ● NO SSN

Compare Today's Abilene, TX Mortgage Rates

May 26, 2022

Current mortgage rates in Abilene, TX 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
Today's
Abilene, TX Rates
National
Average
Comparison
30 Year Fixed Rate
%
5.250%
15 Year Fixed Rate
%
4.430%
5/1 Adjustable Rate Mortgage
%
4.080%

How Affordable is Housing in Abilene, Texas?

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

The median home value for Abilene, TX (Taylor County) is $180,001

Based on current mortgage rates and a 10% down payment, you need to make $29,492 per year to buy the median priced home in Abilene

With this income, you could qualify for a $162,001 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 Abilene is $683

The median household income for Abilene, TX (Taylor County) is $59,827

Based on this income, you can afford a home valued at approximately $365,144

The home price you can afford to buy based on household income in Abilene is 203% of the median home value which means housing prices are affordable. Abilene (Taylor County) ranks 184 out of 254 counties in Texas and 1,669 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Abilene, TX is affordable

orange-simple-house
ruler

Loan Limits for Abilene, Texas

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

Conforming loan limits for Abilene, TX

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

FHA loan limits for Abilene, TX

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

VA loan limits for Abilene, TX

1 unit: $647,200

Additional Mortgage Resources for Abilene, TX Residents

Mortgage Rates for Texas Cities

Abilene Mortgage Rates

Amarillo Mortgage Rates

Austin Mortgage Rates

Beaumont Mortgage Rates

Brazoria Mortgage Rates

Brownsville Mortgage Rates

Burleson Mortgage Rates

Canyon Mortgage Rates

College Station Mortgage Rates

Corpus Christi Mortgage Rates

Dallas Mortgage Rates

Denton Mortgage Rates

El Paso Mortgage Rates

Fort Worth Mortgage Rates

Galveston Mortgage Rates

Hays Mortgage Rates

Houston Mortgage Rates

Kaufman Mortgage Rates

Killeen Mortgage Rates

Laredo Mortgage Rates

Longview Mortgage Rates

Lubbock Mortgage Rates

McAllen Mortgage Rates

Midland Mortgage Rates

New Braunfels Mortgage Rates

Odessa Mortgage Rates

Plano Mortgage Rates

Round Rock Mortgage Rates

San Angelo Mortgage Rates

San Antonio Mortgage Rates

Schertz Mortgage Rates

Sherman Mortgage Rates

Sugar Land Mortgage Rates

The Woodlands Mortgage Rates

Tyler Mortgage Rates

Waco Mortgage Rates

Waxahachie Mortgage Rates

Weatherford Mortgage Rates

Wichita Falls Mortgage Rates