Mortgage Rates in Horsham, Pennsylvania — March 2026
Updated March 2026 | Based on Horsham market data and regional lending conditions
Horsham is a growing city in Pennsylvania with a population of 26,147. The current 30-year fixed mortgage rate in Horsham is 6.77%, which is 0.12% above the national average. With a median home price of $203,000 and a 20% down payment of $40,600, homebuyers can expect a monthly principal and interest payment of approximately $1,055.
Current Mortgage Rates in Horsham, PA
Below are the current average mortgage rates available in the Horsham 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 | 6.77% | 6.65% | +0.12% |
| 15-Year Fixed | 6.01% | 5.89% | +0.12% |
| 5/1 ARM | 6.26% | 6.15% | +0.11% |
| FHA | 6.51% | 6.25% | +0.26% |
| VA | 6.26% | 6.05% | +0.21% |
| Jumbo | 7.02% | 6.85% | +0.17% |
Horsham Housing Market Overview
The Horsham housing market offers relatively affordable housing compared to many major cities. The median household income in Horsham is $58,400, and the cost of living index is 96 (national average = 100). Based on the 28% affordability rule, the median income in Horsham is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Horsham
Based on the median home price of $203,000 with 20% down ($40,600), here is what you can expect to pay monthly in Horsham:
15-Year vs. 30-Year Mortgage in Horsham
Choosing a 15-year mortgage in Horsham at 6.01% instead of a 30-year at 6.77% would save you $133,020 in total interest over the life of the loan. However, your monthly payment would be $1,371 instead of $1,055 — an increase of $316 per month.
Calculate Your Horsham 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 Horsham
What are the current mortgage rates in Horsham, PA?
As of March 2026, the average 30-year fixed mortgage rate in Horsham, Pennsylvania is 6.77%, while the 15-year fixed rate is 6.01%. FHA loans average 6.51% and VA loans 6.26%. These rates are 0.12% above the national average of 6.65%.
How much is a monthly mortgage payment in Horsham?
Based on the median home price of $203,000 with 20% down, the estimated monthly mortgage payment in Horsham is $1,055 for principal and interest. Including property taxes of $215/month, the total monthly housing cost is approximately $1,270.
What income do I need to buy a home in Horsham?
Using the 28% rule, you would need an annual income of approximately $54,429 to afford the median-priced home in Horsham at $203,000. The median household income in Horsham is $58,400. The median income is currently sufficient to meet this threshold.
Is Horsham a good place to buy a home in 2026?
Horsham offers a below-average cost of living with a cost of living index of 96 (national average = 100). The property tax rate in Pennsylvania is 1.27%, which is near the national average. Horsham has a population of 26,147 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 Horsham, Pennsylvania area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.