Mortgage Rates in Ozark, Missouri — March 2026
Updated March 2026 | Based on Ozark market data and regional lending conditions
Ozark is a growing city in Missouri with a population of 21,805. The current 30-year fixed mortgage rate in Ozark is 6.73%, which is 0.08% above the national average. With a median home price of $175,000 and a 20% down payment of $35,000, homebuyers can expect a monthly principal and interest payment of approximately $906.
Current Mortgage Rates in Ozark, MO
Below are the current average mortgage rates available in the Ozark 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 | 6.73% | 6.65% | +0.08% |
| 15-Year Fixed | 5.97% | 5.89% | +0.08% |
| 5/1 ARM | 6.24% | 6.15% | +0.09% |
| FHA | 6.49% | 6.25% | +0.24% |
| VA | 6.24% | 6.05% | +0.19% |
| Jumbo | 6.98% | 6.85% | +0.13% |
Ozark Housing Market Overview
The Ozark housing market offers relatively affordable housing compared to many major cities. The median household income in Ozark is $49,700, and the cost of living index is 87.1 (national average = 100). Based on the 28% affordability rule, the median income in Ozark is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Ozark
Based on the median home price of $175,000 with 20% down ($35,000), here is what you can expect to pay monthly in Ozark:
15-Year vs. 30-Year Mortgage in Ozark
Choosing a 15-year mortgage in Ozark at 5.97% instead of a 30-year at 6.73% would save you $113,940 in total interest over the life of the loan. However, your monthly payment would be $1,179 instead of $906 — an increase of $273 per month.
Calculate Your Ozark 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 Ozark
What are the current mortgage rates in Ozark, MO?
As of March 2026, the average 30-year fixed mortgage rate in Ozark, Missouri is 6.73%, while the 15-year fixed rate is 5.97%. FHA loans average 6.49% and VA loans 6.24%. These rates are 0.08% above the national average of 6.65%.
How much is a monthly mortgage payment in Ozark?
Based on the median home price of $175,000 with 20% down, the estimated monthly mortgage payment in Ozark is $906 for principal and interest. Including property taxes of $147/month, the total monthly housing cost is approximately $1,053.
What income do I need to buy a home in Ozark?
Using the 28% rule, you would need an annual income of approximately $45,129 to afford the median-priced home in Ozark at $175,000. The median household income in Ozark is $49,700. The median income is currently sufficient to meet this threshold.
Is Ozark a good place to buy a home in 2026?
Ozark offers a below-average cost of living with a cost of living index of 87.1 (national average = 100). The property tax rate in Missouri is 1.01%, which is near the national average. Ozark has a population of 21,805 and offers a very affordable lifestyle.
Mortgage Rates in Other Missouri Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Ozark, Missouri area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.