Mortgage Rates in Broadview Heights, Ohio — March 2026
Updated March 2026 | Based on Broadview Heights market data and regional lending conditions
Broadview Heights is a smaller Ohio community of 23,622 where the housing market reflects local economic conditions. The current 30-year fixed rate here is 6.78% (0.13% above the national average). The median home price of $220,000 translates to roughly $1,391/month with 20% down — requiring an income of about $59,614, which exceeds the local median of $54,500.
Current Mortgage Rates in Broadview Heights, OH
Below are the current average mortgage rates available in the Broadview Heights area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.78% | 6.65% | +0.13% |
| 15-Year Fixed | 6.01% | 5.89% | +0.12% |
| 5/1 ARM | 6.27% | 6.15% | +0.12% |
| FHA | 6.51% | 6.25% | +0.26% |
| VA | 6.26% | 6.05% | +0.21% |
| Jumbo | 7.03% | 6.85% | +0.18% |
Broadview Heights Housing Market Overview
At $220,000, Broadview Heights offers more affordable housing than most U.S. metros. The local cost of living index is 94.8 (100 = national average), and the median household income of $54,500 still requires careful budgeting at current rate levels.
Monthly Payment Breakdown for Broadview Heights
Based on the median home price of $220,000 with 20% down ($44,000), here is what you can expect to pay monthly in Broadview Heights:
15-Year vs. 30-Year Mortgage in Broadview Heights
Choosing a 15-year mortgage in Broadview Heights at 6.01% instead of a 30-year at 6.78% would save you $144,720 in total interest over the life of the loan. However, your monthly payment would be $1,486 instead of $1,145 — an increase of $341 per month.
Calculate Your Broadview Heights Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Broadview Heights
What are the current mortgage rates in Broadview Heights, OH?
As of March 2026, the average 30-year fixed mortgage rate in Broadview Heights, Ohio is 6.78%, while the 15-year fixed rate is 6.01%. FHA loans average 6.51% and VA loans 6.26%. These rates are 0.13% above the national average of 6.65%.
How much is a monthly mortgage payment in Broadview Heights?
Based on the median home price of $220,000 with 20% down, the estimated monthly mortgage payment in Broadview Heights is $1,145 for principal and interest. Including property taxes of $246/month, the total monthly housing cost is approximately $1,391.
What income do I need to buy a home in Broadview Heights?
Using the 28% rule, you would need an annual income of approximately $59,614 to afford the median-priced home in Broadview Heights at $220,000. The median household income in Broadview Heights is $54,500. This means most households would need to either earn above the median or consider homes below $220,000.
Is Broadview Heights a good place to buy a home in 2026?
Broadview Heights offers a below-average cost of living with a cost of living index of 94.8 (national average = 100). The property tax rate in Ohio is 1.34%, which is near the national average. Broadview Heights has a population of 23,622 and offers a very affordable lifestyle.
Mortgage Rates in Other Ohio Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Broadview Heights, Ohio area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.