North Carolina Mortgage Rates

North Carolina Mortgage Calculator

Calculate your mortgage payment with current NCrates. Today's average 30-year fixed rate: 6.18%

Current North Carolina Mortgage RatesUpdated: 2026-02-05

Click on a rate to use it in the calculator. Rates shown are averages and may vary based on credit score, down payment, and lender.

Avg. Home Price

$345,000

Property Tax Rate

0.84%

FHA Loan Limit

$472,030

Major Cities

Charlotte, Raleigh, Durham

Major Metropolitan Areas in North Carolina

CharlotteRaleighDurhamGreensboroWinston-SalemAsheville

Loan Details

Home Price

Down Payment

Loan Term

Interest Rate

Property Tax (Annually)

Homeowners Insurance (Annually)

HOA Fees (Monthly)

Monthly Payment

$2,053.33

Payment Breakdown

Principal & Interest$1,686.83

Property Tax$241.50

Homeowners Insurance$125.00

HOA Fees$0.00

Total Monthly Payment$2,053.33

Loan DetailsCalculate

Loan Amount$276,000.00

Total Interest Paid$331,260.26

Total Cost of Loan$676,260.26

Payoff DateMarch 2056

Payment Breakdown

Loading chart…

Amortization Schedule

#	Date	Principal	Interest	Balance
1	Apr 2026	$265.43	$1,421.40	$275,734.57
2	May 2026	$266.80	$1,420.03	$275,467.76
3	Jun 2026	$268.18	$1,418.66	$275,199.59
4	Jul 2026	$269.56	$1,417.28	$274,930.03
5	Aug 2026	$270.94	$1,415.89	$274,659.09
6	Sep 2026	$272.34	$1,414.49	$274,386.75
7	Oct 2026	$273.74	$1,413.09	$274,113.01
8	Nov 2026	$275.15	$1,411.68	$273,837.86
9	Dec 2026	$276.57	$1,410.26	$273,561.29
10	Jan 2027	$277.99	$1,408.84	$273,283.29
11	Mar 2027	$279.43	$1,407.41	$273,003.87
12	Mar 2027	$280.86	$1,405.97	$272,723.00

How to Use This Mortgage Calculator

Loan Details

Enter the Home Price and your planned Down Payment (amount or percentage). The calculator will automatically determine the loan amount.

Terms & Rates

Select your Loan Term (e.g., 30 years) and enter the current Interest Rate. This determines your monthly principal and interest.

Taxes & Insurance

Input estimated Property Tax and Home Insurance to see your full PITI (Principal, Interest, Taxes, Insurance) payment.

HOA & P.M.I.

Add any HOA Fees. The calculator automatically checks if you need Private Mortgage Insurance (PMI) based on your down payment.

Analyze Results

Review the Payment Breakdown chart and check the Amortization Schedule to see how your balance decreases over time.

Share & Save

Use the action buttons to Print, Email, or Save your calculation for later reference.

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FAQ

North Carolina Mortgage Calculator FAQ

Everything you need to know about mortgage rates, home prices, and buying a house in North Carolina

The current average 30-year fixed mortgage rate in North Carolina is 6.18%. The 15-year fixed rate averages 5.51%, and the 5/1 ARM averages 5.95%. Rates vary by lender, credit score, and down payment.

The average home price in North Carolina is $345,000, with a median price of $318,500. Prices vary significantly by location, with major areas like Charlotte, Raleigh, Durham typically commanding higher prices.

The average property tax rate in North Carolina is 0.84% of assessed home value. For a home valued at $345,000, this means approximately $2,898 per year in property taxes.

The FHA loan limit in North Carolina is $472,030 for single-family homes. This is the maximum mortgage amount you can borrow with an FHA loan, which requires a minimum down payment of 3.5%.

Use our North Carolina mortgage calculator above to estimate your monthly payment. Enter the home price, your down payment, loan term, and interest rate. The calculator includes property taxes, insurance, and PMI to give you a complete picture of your monthly costs.

Most lenders in North Carolina require a minimum credit score of 620 for conventional loans and 580 for FHA loans. However, to qualify for the best mortgage rates around 6.18%, you typically need a credit score of 740 or higher.

NC Current Rates

Today's average mortgage rates in North Carolina:

30-Year Fixed6.18%
15-Year Fixed5.51%
5/1 ARM5.95%

NC Housing Market

Key North Carolina real estate statistics:

Avg. Home Price$345,000
Median Price$318,500
Property Tax0.84%
FHA Limit$472,030

Major NC Cities

Popular metropolitan areas:

•Charlotte
•Raleigh
•Durham
•Greensboro
•Winston-Salem
•Asheville