Mortgage Rates in King of Prussia, Pennsylvania — March 2026
Updated March 2026 | Based on King of Prussia market data and regional lending conditions
King of Prussia is a growing city in Pennsylvania with a population of 22,274. The current 30-year fixed mortgage rate in King of Prussia is 6.8%, which is 0.15% above the national average. With a median home price of $210,000 and a 20% down payment of $42,000, homebuyers can expect a monthly principal and interest payment of approximately $1,095.
Current Mortgage Rates in King of Prussia, PA
Below are the current average mortgage rates available in the King of Prussia 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 | 6.8% | 6.65% | +0.15% |
| 15-Year Fixed | 6.03% | 5.89% | +0.14% |
| 5/1 ARM | 6.28% | 6.15% | +0.13% |
| FHA | 6.52% | 6.25% | +0.27% |
| VA | 6.27% | 6.05% | +0.22% |
| Jumbo | 7.05% | 6.85% | +0.2% |
King of Prussia Housing Market Overview
The King of Prussia housing market offers relatively affordable housing compared to many major cities. The median household income in King of Prussia is $55,200, and the cost of living index is 93 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $57,043 to comfortably afford the median-priced home in King of Prussia, which exceeds the current median household income.
Monthly Payment Breakdown for King of Prussia
Based on the median home price of $210,000 with 20% down ($42,000), here is what you can expect to pay monthly in King of Prussia:
15-Year vs. 30-Year Mortgage in King of Prussia
Choosing a 15-year mortgage in King of Prussia at 6.03% instead of a 30-year at 6.8% would save you $138,600 in total interest over the life of the loan. However, your monthly payment would be $1,420 instead of $1,095 — an increase of $325 per month.
Calculate Your King of Prussia 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 King of Prussia
What are the current mortgage rates in King of Prussia, PA?
As of March 2026, the average 30-year fixed mortgage rate in King of Prussia, Pennsylvania is 6.8%, while the 15-year fixed rate is 6.03%. FHA loans average 6.52% and VA loans 6.27%. These rates are 0.15% above the national average of 6.65%.
How much is a monthly mortgage payment in King of Prussia?
Based on the median home price of $210,000 with 20% down, the estimated monthly mortgage payment in King of Prussia is $1,095 for principal and interest. Including property taxes of $236/month, the total monthly housing cost is approximately $1,331.
What income do I need to buy a home in King of Prussia?
Using the 28% rule, you would need an annual income of approximately $57,043 to afford the median-priced home in King of Prussia at $210,000. The median household income in King of Prussia is $55,200. This means most households would need to either earn above the median or consider homes below $210,000.
Is King of Prussia a good place to buy a home in 2026?
King of Prussia offers a below-average cost of living with a cost of living index of 93 (national average = 100). The property tax rate in Pennsylvania is 1.35%, which is near the national average. King of Prussia has a population of 22,274 and offers a very affordable lifestyle.
Mortgage Rates in Other Pennsylvania Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the King of Prussia, Pennsylvania area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.