Mortgage Rates in Evans, Georgia — March 2026
Updated March 2026 | Based on Evans market data and regional lending conditions
Evans is a growing city in Georgia with a population of 37,747. The current 30-year fixed mortgage rate in Evans is 6.85%, which is 0.2% above the national average. With a median home price of $272,000 and a 20% down payment of $54,400, homebuyers can expect a monthly principal and interest payment of approximately $1,426.
Current Mortgage Rates in Evans, GA
Below are the current average mortgage rates available in the Evans 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 | 6.85% | 6.65% | +0.2% |
| 15-Year Fixed | 6.07% | 5.89% | +0.18% |
| 5/1 ARM | 6.31% | 6.15% | +0.16% |
| FHA | 6.55% | 6.25% | +0.3% |
| VA | 6.3% | 6.05% | +0.25% |
| Jumbo | 7.1% | 6.85% | +0.25% |
Evans Housing Market Overview
The Evans housing market offers relatively affordable housing compared to many major cities. The median household income in Evans is $51,700, and the cost of living index is 94.6 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $70,243 to comfortably afford the median-priced home in Evans, which exceeds the current median household income.
Monthly Payment Breakdown for Evans
Based on the median home price of $272,000 with 20% down ($54,400), here is what you can expect to pay monthly in Evans:
15-Year vs. 30-Year Mortgage in Evans
Choosing a 15-year mortgage in Evans at 6.07% instead of a 30-year at 6.85% would save you $181,440 in total interest over the life of the loan. However, your monthly payment would be $1,844 instead of $1,426 — an increase of $418 per month.
Calculate Your Evans 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 Evans
What are the current mortgage rates in Evans, GA?
As of March 2026, the average 30-year fixed mortgage rate in Evans, Georgia is 6.85%, while the 15-year fixed rate is 6.07%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.2% above the national average of 6.65%.
How much is a monthly mortgage payment in Evans?
Based on the median home price of $272,000 with 20% down, the estimated monthly mortgage payment in Evans is $1,426 for principal and interest. Including property taxes of $213/month, the total monthly housing cost is approximately $1,639.
What income do I need to buy a home in Evans?
Using the 28% rule, you would need an annual income of approximately $70,243 to afford the median-priced home in Evans at $272,000. The median household income in Evans is $51,700. This means most households would need to either earn above the median or consider homes below $272,000.
Is Evans a good place to buy a home in 2026?
Evans offers a below-average cost of living with a cost of living index of 94.6 (national average = 100). The property tax rate in Georgia is 0.94%, which is near the national average. Evans has a population of 37,747 and offers a very affordable lifestyle.
Mortgage Rates in Other Georgia Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Evans, Georgia area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.