Mortgage Rates in Five Forks, South Carolina — March 2026
Updated March 2026 | Based on Five Forks market data and regional lending conditions
Five Forks is a growing city in South Carolina with a population of 19,068. The current 30-year fixed mortgage rate in Five Forks is 6.73%, which is 0.08% above the national average. With a median home price of $226,000 and a 20% down payment of $45,200, homebuyers can expect a monthly principal and interest payment of approximately $1,170.
Current Mortgage Rates in Five Forks, SC
Below are the current average mortgage rates available in the Five Forks 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 | 6.73% | 6.65% | +0.08% |
| 15-Year Fixed | 5.98% | 5.89% | +0.09% |
| 5/1 ARM | 6.24% | 6.15% | +0.09% |
| FHA | 6.49% | 6.25% | +0.24% |
| VA | 6.24% | 6.05% | +0.19% |
| Jumbo | 6.98% | 6.85% | +0.13% |
Five Forks Housing Market Overview
The Five Forks housing market offers relatively affordable housing compared to many major cities. The median household income in Five Forks is $52,500, and the cost of living index is 83.6 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $54,429 to comfortably afford the median-priced home in Five Forks, which exceeds the current median household income.
Monthly Payment Breakdown for Five Forks
Based on the median home price of $226,000 with 20% down ($45,200), here is what you can expect to pay monthly in Five Forks:
15-Year vs. 30-Year Mortgage in Five Forks
Choosing a 15-year mortgage in Five Forks at 5.98% instead of a 30-year at 6.73% would save you $146,880 in total interest over the life of the loan. However, your monthly payment would be $1,524 instead of $1,170 — an increase of $354 per month.
Calculate Your Five Forks 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 Five Forks
What are the current mortgage rates in Five Forks, SC?
As of March 2026, the average 30-year fixed mortgage rate in Five Forks, South Carolina is 6.73%, while the 15-year fixed rate is 5.98%. FHA loans average 6.49% and VA loans 6.24%. These rates are 0.08% above the national average of 6.65%.
How much is a monthly mortgage payment in Five Forks?
Based on the median home price of $226,000 with 20% down, the estimated monthly mortgage payment in Five Forks is $1,170 for principal and interest. Including property taxes of $100/month, the total monthly housing cost is approximately $1,270.
What income do I need to buy a home in Five Forks?
Using the 28% rule, you would need an annual income of approximately $54,429 to afford the median-priced home in Five Forks at $226,000. The median household income in Five Forks is $52,500. This means most households would need to either earn above the median or consider homes below $226,000.
Is Five Forks a good place to buy a home in 2026?
Five Forks offers a below-average cost of living with a cost of living index of 83.6 (national average = 100). The property tax rate in South Carolina is 0.53%, which is below the national average. Five Forks has a population of 19,068 and offers a very affordable lifestyle.
Mortgage Rates in Other South Carolina Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Five Forks, South Carolina area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.