Mortgage Rates in St. Andrews, South Carolina — March 2026
Updated March 2026 | Based on St. Andrews market data and regional lending conditions
St. Andrews is a growing city in South Carolina with a population of 22,165. The current 30-year fixed mortgage rate in St. Andrews is 6.86%, which is 0.21% above the national average. With a median home price of $213,000 and a 20% down payment of $42,600, homebuyers can expect a monthly principal and interest payment of approximately $1,118.
Current Mortgage Rates in St. Andrews, SC
Below are the current average mortgage rates available in the St. Andrews 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 | 6.86% | 6.65% | +0.21% |
| 15-Year Fixed | 6.08% | 5.89% | +0.19% |
| 5/1 ARM | 6.32% | 6.15% | +0.17% |
| FHA | 6.56% | 6.25% | +0.31% |
| VA | 6.31% | 6.05% | +0.26% |
| Jumbo | 7.11% | 6.85% | +0.26% |
St. Andrews Housing Market Overview
The St. Andrews housing market offers relatively affordable housing compared to many major cities. The median household income in St. Andrews is $53,600, and the cost of living index is 88.1 (national average = 100). Based on the 28% affordability rule, the median income in St. Andrews is sufficient to afford the median-priced home.
Monthly Payment Breakdown for St. Andrews
Based on the median home price of $213,000 with 20% down ($42,600), here is what you can expect to pay monthly in St. Andrews:
15-Year vs. 30-Year Mortgage in St. Andrews
Choosing a 15-year mortgage in St. Andrews at 6.08% instead of a 30-year at 6.86% would save you $142,380 in total interest over the life of the loan. However, your monthly payment would be $1,445 instead of $1,118 — an increase of $327 per month.
Calculate Your St. Andrews 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 St. Andrews
What are the current mortgage rates in St. Andrews, SC?
As of March 2026, the average 30-year fixed mortgage rate in St. Andrews, South Carolina is 6.86%, while the 15-year fixed rate is 6.08%. FHA loans average 6.56% and VA loans 6.31%. These rates are 0.21% above the national average of 6.65%.
How much is a monthly mortgage payment in St. Andrews?
Based on the median home price of $213,000 with 20% down, the estimated monthly mortgage payment in St. Andrews is $1,118 for principal and interest. Including property taxes of $96/month, the total monthly housing cost is approximately $1,214.
What income do I need to buy a home in St. Andrews?
Using the 28% rule, you would need an annual income of approximately $52,029 to afford the median-priced home in St. Andrews at $213,000. The median household income in St. Andrews is $53,600. The median income is currently sufficient to meet this threshold.
Is St. Andrews a good place to buy a home in 2026?
St. Andrews offers a below-average cost of living with a cost of living index of 88.1 (national average = 100). The property tax rate in South Carolina is 0.54%, which is below the national average. St. Andrews has a population of 22,165 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 St. Andrews, South Carolina area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.