Mortgage Rates in Glasgow, Kentucky — March 2026
Updated March 2026 | Based on Glasgow market data and regional lending conditions
Glasgow is a growing city in Kentucky with a population of 14,719. The current 30-year fixed mortgage rate in Glasgow is 6.83%, which is 0.18% above the national average. With a median home price of $149,000 and a 20% down payment of $29,800, homebuyers can expect a monthly principal and interest payment of approximately $779.
Current Mortgage Rates in Glasgow, KY
Below are the current average mortgage rates available in the Glasgow 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 | 6.06% | 5.89% | +0.17% |
| 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% |
Glasgow Housing Market Overview
The Glasgow housing market offers relatively affordable housing compared to many major cities. The median household income in Glasgow is $46,500, and the cost of living index is 86.9 (national average = 100). Based on the 28% affordability rule, the median income in Glasgow is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Glasgow
Based on the median home price of $149,000 with 20% down ($29,800), here is what you can expect to pay monthly in Glasgow:
15-Year vs. 30-Year Mortgage in Glasgow
Choosing a 15-year mortgage in Glasgow at 6.06% instead of a 30-year at 6.83% would save you $98,640 in total interest over the life of the loan. However, your monthly payment would be $1,010 instead of $779 — an increase of $231 per month.
Calculate Your Glasgow 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 Glasgow
What are the current mortgage rates in Glasgow, KY?
As of March 2026, the average 30-year fixed mortgage rate in Glasgow, Kentucky is 6.83%, while the 15-year fixed rate is 6.06%. 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 Glasgow?
Based on the median home price of $149,000 with 20% down, the estimated monthly mortgage payment in Glasgow is $779 for principal and interest. Including property taxes of $107/month, the total monthly housing cost is approximately $886.
What income do I need to buy a home in Glasgow?
Using the 28% rule, you would need an annual income of approximately $37,971 to afford the median-priced home in Glasgow at $149,000. The median household income in Glasgow is $46,500. The median income is currently sufficient to meet this threshold.
Is Glasgow a good place to buy a home in 2026?
Glasgow offers a below-average cost of living with a cost of living index of 86.9 (national average = 100). The property tax rate in Kentucky is 0.86%, which is near the national average. Glasgow has a population of 14,719 and offers a very affordable lifestyle.
Mortgage Rates in Other Kentucky Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Glasgow, Kentucky area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.