Compare Schertz, 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 Schertz.
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May 23, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Schertz. Understand how much you need to earn to afford a home in Schertz, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Schertz 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 Schertz is right for you.
The median home value for Schertz, TX (Guadalupe County) is $277,660
Based on current mortgage rates and a 10% down payment, you need to make $45,493 per year to buy the median priced home in Schertz
With this income, you could qualify for a $249,894 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 Schertz is $1,054
The median household income for Schertz, TX (Guadalupe County) is $86,219
Based on this income, you can afford a home valued at approximately $526,220
The home price you can afford to buy based on household income in Schertz is 190% of the median home value which means housing prices are average. Schertz (Guadalupe County) ranks 203 out of 254 counties in Texas and 1,951 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Schertz, TX is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Schertz (Guadalupe County) below.
Conforming loan limits for Schertz, TX
FHA loan limits for Schertz, TX
VA loan limits for Schertz, TX