Compare mortgage rates and fees for leading lenders in Clarksburg, WV. 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 Clarksburg.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Clarksburg. Plus, shopping lenders is free and there is no obligation.
April 5, 2020
The current average rate for a 30 year fixed rate mortgage in Clarksburg 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%
Below we provide helpful information on the real estate market, home prices and housing affordability in Clarksburg. Understand how much you need to earn to afford a home in Clarksburg, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Clarksburg 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 Clarksburg is right for you.
The median home value for Clarksburg, WV (Harrison County) is $126,353
Based on current mortgage rates and a 10% down payment, you need to make $22,740 per year to buy the median priced home in Clarksburg
With this income, you could qualify for a $113,718 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 Clarksburg is $527
The median household income for Clarksburg, WV (Harrison County) is $50,955
Based on this income, you can afford a home valued at approximately $283,124
The home price you can afford to buy based on household income in Clarksburg is 224% of the median home value which means housing prices are affordable. Clarksburg (Harrison County) ranks 33 out of 55 counties in West Virginia and 1,105 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Clarksburg, WV is affordable
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Clarksburg (Harrison County) below.
Conforming loan limits for Clarksburg, WV
FHA loan limits for Clarksburg, WV
VA loan limits for Clarksburg, WV