Mortgage Rates in North Augusta, South Carolina — March 2026
Updated March 2026 | Based on North Augusta market data and regional lending conditions
North Augusta is a growing city in South Carolina with a population of 23,537. The current 30-year fixed mortgage rate in North Augusta is 6.75%, which is 0.1% above the national average. With a median home price of $245,000 and a 20% down payment of $49,000, homebuyers can expect a monthly principal and interest payment of approximately $1,271.
Current Mortgage Rates in North Augusta, SC
Below are the current average mortgage rates available in the North Augusta 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 | 6.75% | 6.65% | +0.1% |
| 15-Year Fixed | 5.99% | 5.89% | +0.1% |
| 5/1 ARM | 6.25% | 6.15% | +0.1% |
| FHA | 6.5% | 6.25% | +0.25% |
| VA | 6.25% | 6.05% | +0.2% |
| Jumbo | 7% | 6.85% | +0.15% |
North Augusta Housing Market Overview
The North Augusta housing market offers relatively affordable housing compared to many major cities. The median household income in North Augusta is $47,400, and the cost of living index is 83.1 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $59,614 to comfortably afford the median-priced home in North Augusta, which exceeds the current median household income.
Monthly Payment Breakdown for North Augusta
Based on the median home price of $245,000 with 20% down ($49,000), here is what you can expect to pay monthly in North Augusta:
15-Year vs. 30-Year Mortgage in North Augusta
Choosing a 15-year mortgage in North Augusta at 5.99% instead of a 30-year at 6.75% would save you $160,020 in total interest over the life of the loan. However, your monthly payment would be $1,653 instead of $1,271 — an increase of $382 per month.
Calculate Your North Augusta 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 North Augusta
What are the current mortgage rates in North Augusta, SC?
As of March 2026, the average 30-year fixed mortgage rate in North Augusta, South Carolina is 6.75%, while the 15-year fixed rate is 5.99%. FHA loans average 6.5% and VA loans 6.25%. These rates are 0.1% above the national average of 6.65%.
How much is a monthly mortgage payment in North Augusta?
Based on the median home price of $245,000 with 20% down, the estimated monthly mortgage payment in North Augusta is $1,271 for principal and interest. Including property taxes of $120/month, the total monthly housing cost is approximately $1,391.
What income do I need to buy a home in North Augusta?
Using the 28% rule, you would need an annual income of approximately $59,614 to afford the median-priced home in North Augusta at $245,000. The median household income in North Augusta is $47,400. This means most households would need to either earn above the median or consider homes below $245,000.
Is North Augusta a good place to buy a home in 2026?
North Augusta offers a below-average cost of living with a cost of living index of 83.1 (national average = 100). The property tax rate in South Carolina is 0.59%, which is below the national average. North Augusta has a population of 23,537 and offers a very affordable lifestyle.
Mortgage Rates in Other South Carolina Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the North Augusta, South Carolina area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.