Mortgage Rates in Fostoria, Ohio — March 2026
Updated March 2026 | Based on Fostoria market data and regional lending conditions
Fostoria is a growing city in Ohio with a population of 13,071. The current 30-year fixed mortgage rate in Fostoria is 6.83%, which is 0.18% above the national average. With a median home price of $148,000 and a 20% down payment of $29,600, homebuyers can expect a monthly principal and interest payment of approximately $774.
Current Mortgage Rates in Fostoria, OH
Below are the current average mortgage rates available in the Fostoria 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 | 6.83% | 6.65% | +0.18% |
| 15-Year Fixed | 6.05% | 5.89% | +0.16% |
| 5/1 ARM | 6.3% | 6.15% | +0.15% |
| FHA | 6.54% | 6.25% | +0.29% |
| VA | 6.29% | 6.05% | +0.24% |
| Jumbo | 7.08% | 6.85% | +0.23% |
Fostoria Housing Market Overview
The Fostoria housing market offers relatively affordable housing compared to many major cities. The median household income in Fostoria is $59,300, and the cost of living index is 84.2 (national average = 100). Based on the 28% affordability rule, the median income in Fostoria is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Fostoria
Based on the median home price of $148,000 with 20% down ($29,600), here is what you can expect to pay monthly in Fostoria:
15-Year vs. 30-Year Mortgage in Fostoria
Choosing a 15-year mortgage in Fostoria at 6.05% instead of a 30-year at 6.83% would save you $98,280 in total interest over the life of the loan. However, your monthly payment would be $1,002 instead of $774 — an increase of $228 per month.
Calculate Your Fostoria 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 Fostoria
What are the current mortgage rates in Fostoria, OH?
As of March 2026, the average 30-year fixed mortgage rate in Fostoria, Ohio is 6.83%, while the 15-year fixed rate is 6.05%. FHA loans average 6.54% and VA loans 6.29%. These rates are 0.18% above the national average of 6.65%.
How much is a monthly mortgage payment in Fostoria?
Based on the median home price of $148,000 with 20% down, the estimated monthly mortgage payment in Fostoria is $774 for principal and interest. Including property taxes of $206/month, the total monthly housing cost is approximately $980.
What income do I need to buy a home in Fostoria?
Using the 28% rule, you would need an annual income of approximately $42,000 to afford the median-priced home in Fostoria at $148,000. The median household income in Fostoria is $59,300. The median income is currently sufficient to meet this threshold.
Is Fostoria a good place to buy a home in 2026?
Fostoria offers a below-average cost of living with a cost of living index of 84.2 (national average = 100). The property tax rate in Ohio is 1.67%, which is above the national average. Fostoria has a population of 13,071 and offers a very affordable lifestyle.
Mortgage Rates in Other Ohio Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Fostoria, Ohio area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.