Mortgage Rates in Manheim Township, PennsylvaniaMarch 2026

Updated March 2026 | Based on Manheim Township market data and regional lending conditions

30-Year Fixed
6.84%
15-Year Fixed
6.06%
Median Home Price
$229,000
Est. Monthly Payment
$1,470

Manheim Township is a growing city in Pennsylvania with a population of 39,124. The current 30-year fixed mortgage rate in Manheim Township is 6.84%, which is 0.19% above the national average. With a median home price of $229,000 and a 20% down payment of $45,800, homebuyers can expect a monthly principal and interest payment of approximately $1,199.

Current Mortgage Rates in Manheim Township, PA

Below are the current average mortgage rates available in the Manheim Township 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 TypeRateNational AvgDifference
30-Year Fixed6.84%6.65%+0.19%
15-Year Fixed6.06%5.89%+0.17%
5/1 ARM6.3%6.15%+0.15%
FHA6.54%6.25%+0.29%
VA6.29%6.05%+0.24%
Jumbo7.09%6.85%+0.24%

Manheim Township Housing Market Overview

The Manheim Township housing market offers relatively affordable housing compared to many major cities. The median household income in Manheim Township is $60,000, and the cost of living index is 97.3 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $63,000 to comfortably afford the median-priced home in Manheim Township, which exceeds the current median household income.

Population
39,124
Median Income
$60,000
Property Tax Rate
1.42%
Cost of Living
97.3
Down Payment (20%)
$45,800
Income Needed
$63,000

Monthly Payment Breakdown for Manheim Township

Based on the median home price of $229,000 with 20% down ($45,800), here is what you can expect to pay monthly in Manheim Township:

Principal & Interest (30-yr at 6.84%)$1,199
Property Tax$271
Estimated Insurance$57
Total Estimated Monthly$1,527

15-Year vs. 30-Year Mortgage in Manheim Township

Choosing a 15-year mortgage in Manheim Township at 6.06% instead of a 30-year at 6.84% would save you $152,280 in total interest over the life of the loan. However, your monthly payment would be $1,552 instead of $1,199 — an increase of $353 per month.

Calculate Your Manheim Township Mortgage Payment

Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.

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Frequently Asked Questions About Mortgages in Manheim Township

What are the current mortgage rates in Manheim Township, PA?

As of March 2026, the average 30-year fixed mortgage rate in Manheim Township, Pennsylvania is 6.84%, while the 15-year fixed rate is 6.06%. FHA loans average 6.54% and VA loans 6.29%. These rates are 0.19% above the national average of 6.65%.

How much is a monthly mortgage payment in Manheim Township?

Based on the median home price of $229,000 with 20% down, the estimated monthly mortgage payment in Manheim Township is $1,199 for principal and interest. Including property taxes of $271/month, the total monthly housing cost is approximately $1,470.

What income do I need to buy a home in Manheim Township?

Using the 28% rule, you would need an annual income of approximately $63,000 to afford the median-priced home in Manheim Township at $229,000. The median household income in Manheim Township is $60,000. This means most households would need to either earn above the median or consider homes below $229,000.

Is Manheim Township a good place to buy a home in 2026?

Manheim Township offers a below-average cost of living with a cost of living index of 97.3 (national average = 100). The property tax rate in Pennsylvania is 1.42%, which is near the national average. Manheim Township has a population of 39,124 and offers a balanced lifestyle.

Mortgage Rates in Other Pennsylvania Cities

Philadelphia, PA
6.7% | $235,000
Pittsburgh, PA
6.7% | $195,000
Scranton, PA
6.7% | $135,000
Allentown, PA
6.7% | $195,000
Erie, PA
6.7% | $115,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Manheim Township, Pennsylvania area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.