Mortgage Rates in University City, Missouri — March 2026
Updated March 2026 | Based on University City market data and regional lending conditions
University City is a growing city in Missouri with a population of 34,504. The current 30-year fixed mortgage rate in University City is 6.77%, which is 0.12% above the national average. With a median home price of $185,000 and a 20% down payment of $37,000, homebuyers can expect a monthly principal and interest payment of approximately $962.
Current Mortgage Rates in University City, MO
Below are the current average mortgage rates available in the University City 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 | 6.77% | 6.65% | +0.12% |
| 15-Year Fixed | 6% | 5.89% | +0.11% |
| 5/1 ARM | 6.26% | 6.15% | +0.11% |
| FHA | 6.51% | 6.25% | +0.26% |
| VA | 6.26% | 6.05% | +0.21% |
| Jumbo | 7.02% | 6.85% | +0.17% |
University City Housing Market Overview
The University City housing market offers relatively affordable housing compared to many major cities. The median household income in University City is $50,300, and the cost of living index is 87.3 (national average = 100). Based on the 28% affordability rule, the median income in University City is sufficient to afford the median-priced home.
Monthly Payment Breakdown for University City
Based on the median home price of $185,000 with 20% down ($37,000), here is what you can expect to pay monthly in University City:
15-Year vs. 30-Year Mortgage in University City
Choosing a 15-year mortgage in University City at 6% instead of a 30-year at 6.77% would save you $121,500 in total interest over the life of the loan. However, your monthly payment would be $1,249 instead of $962 — an increase of $287 per month.
Calculate Your University City 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 University City
What are the current mortgage rates in University City, MO?
As of March 2026, the average 30-year fixed mortgage rate in University City, Missouri is 6.77%, while the 15-year fixed rate is 6%. FHA loans average 6.51% and VA loans 6.26%. These rates are 0.12% above the national average of 6.65%.
How much is a monthly mortgage payment in University City?
Based on the median home price of $185,000 with 20% down, the estimated monthly mortgage payment in University City is $962 for principal and interest. Including property taxes of $150/month, the total monthly housing cost is approximately $1,112.
What income do I need to buy a home in University City?
Using the 28% rule, you would need an annual income of approximately $47,657 to afford the median-priced home in University City at $185,000. The median household income in University City is $50,300. The median income is currently sufficient to meet this threshold.
Is University City a good place to buy a home in 2026?
University City offers a below-average cost of living with a cost of living index of 87.3 (national average = 100). The property tax rate in Missouri is 0.97%, which is near the national average. University City has a population of 34,504 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 University City, Missouri area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.