Mortgage Rates in Charleroi, Pennsylvania — March 2026
Updated March 2026 | Based on Charleroi market data and regional lending conditions
Charleroi is a smaller Pennsylvania community of 47,694 where home prices remain well below the national median, making homeownership more attainable. The current 30-year fixed rate here is 6.88% (0.23% above the national average). At a median home price of $127,500, the estimated $821/month payment (with 20% down) is affordable on the local median income of $53,500.
Current Mortgage Rates in Charleroi, PA
Below are the current average mortgage rates available in the Charleroi 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 | 6.88% | 6.65% | +0.23% |
| 15-Year Fixed | 6.1% | 5.89% | +0.21% |
| 5/1 ARM | 6.33% | 6.15% | +0.18% |
| FHA | 6.57% | 6.25% | +0.32% |
| VA | 6.32% | 6.05% | +0.27% |
| Jumbo | 7.13% | 6.85% | +0.28% |
Charleroi Housing Market Overview
Charleroi is one of the more affordable housing markets, with a median home price of just $127,500 — significantly below the national median. Combined with a property tax rate of 1.42%, the total monthly housing cost of $821 is within reach for many local households earning the median $53,500.
Monthly Payment Breakdown for Charleroi
Based on the median home price of $127,500 with 20% down ($25,500), here is what you can expect to pay monthly in Charleroi:
15-Year vs. 30-Year Mortgage in Charleroi
Choosing a 15-year mortgage in Charleroi at 6.1% instead of a 30-year at 6.88% would save you $85,320 in total interest over the life of the loan. However, your monthly payment would be $866 instead of $670 — an increase of $196 per month.
Calculate Your Charleroi 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 Charleroi
What are the current mortgage rates in Charleroi, PA?
As of March 2026, the average 30-year fixed mortgage rate in Charleroi, Pennsylvania is 6.88%, while the 15-year fixed rate is 6.1%. FHA loans average 6.57% and VA loans 6.32%. These rates are 0.23% above the national average of 6.65%.
How much is a monthly mortgage payment in Charleroi?
Based on the median home price of $127,500 with 20% down, the estimated monthly mortgage payment in Charleroi is $670 for principal and interest. Including property taxes of $151/month, the total monthly housing cost is approximately $821.
What income do I need to buy a home in Charleroi?
Using the 28% rule, you would need an annual income of approximately $35,186 to afford the median-priced home in Charleroi at $127,500. The median household income in Charleroi is $53,500. The median income is currently sufficient to meet this threshold.
Is Charleroi a good place to buy a home in 2026?
Charleroi offers a below-average cost of living with a cost of living index of 98.2 (national average = 100). The property tax rate in Pennsylvania is 1.42%, which is near the national average. Charleroi has a population of 47,694 and offers a balanced lifestyle.
Mortgage Rates in Other Pennsylvania Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Charleroi, Pennsylvania area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.