Charlotte, NC Mortgage Rates Today

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Loan Type	Rate	APR	Points	Monthly Payment
FHA 30-Year Fixed	6.875%	7.697%	1.898	$2,815
VA 30-Year Fixed	6.750%	7.147%	1.919	$2,774
Conventional 15-Year Fixed	6.625%	7.098%	2.118	$3,548
Conventional 30-Year Fixed	7.125%	7.439%	2.246	$2,833
Jumbo 30-Year Fixed	7.125%	7.347%	2.050	$7,383

Loan Type	Rate	APR	Points	Monthly Payment
FHA 30-Year Refinance	7.000%	7.862%	2.415	$2,845
VA 30-Year Refinance	7.000%	7.291%	2.333	$2,815
Conventional 15-Year Refinance	6.875%	7.362%	2.359	$3,597
Conventional 30-Year Refinance	7.375%	7.684%	2.356	$2,893
Jumbo 30-Year Refinance	7.250%	7.502%	2.250	$7,463

Loan Type	Rate	APR	Points	Monthly Payment

FHA 30-Year Fixed: Interest rate offered based on $356,125 loan amount with 7.697% APR and $2,815 monthly payment at 70% loan-to-value (LTV) and 1.898 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 12, 2026.

VA 30-Year Fixed: Interest rate offered based on $354,375 loan amount with 7.147% APR and $2,774 monthly payment at 70% loan-to-value (LTV) and 1.919 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 9, 2026.

Conventional 15-Year Fixed: Interest rate offered based on $350,000 loan amount with 7.098% APR and $3,548 monthly payment at 70% loan-to-value (LTV) and 2.118 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 9, 2026.

Conventional 30-Year Fixed: Interest rate offered based on $350,000 loan amount with 7.439% APR and $2,833 monthly payment at 70% loan-to-value (LTV) and 2.246 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 9, 2026.

Jumbo 30-Year Fixed: Interest rate offered based on $950,001 loan amount with 7.347% APR and $7,383 monthly payment at 70% loan-to-value (LTV) and 2.050 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 1, 2026.

Estimated property taxes are based on a 0.71% effective rate for Mecklenburg County, North Carolina, applied to the property value for each scenario shown. Rate is median real estate tax paid by households with a mortgage divided by median home value, per the American Community Survey 2020–2024. Taxes shown are an estimate only and vary by property.

Estimated homeowners insurance is based on an average annual premium of $2,159 for Charlotte, NC, divided by twelve. That average covers existing homes of all values in the area, not the property value shown. Insurance shown is an estimate only and varies by property, coverage and carrier.

FHA 30-Year Refinance: Interest rate offered based on $356,125 loan amount with 7.862% APR and $2,845 monthly payment at 70% loan-to-value (LTV) and 2.415 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 12, 2026.

VA 30-Year Refinance: Interest rate offered based on $351,750 loan amount with 7.291% APR and $2,815 monthly payment at 70% loan-to-value (LTV) and 2.333 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 12, 2026.

Conventional 15-Year Refinance: Interest rate offered based on $350,000 loan amount with 7.362% APR and $3,597 monthly payment at 70% loan-to-value (LTV) and 2.359 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 12, 2026.

Conventional 30-Year Refinance: Interest rate offered based on $350,000 loan amount with 7.684% APR and $2,893 monthly payment at 70% loan-to-value (LTV) and 2.356 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 9, 2026.

Jumbo 30-Year Refinance: Interest rate offered based on $950,001 loan amount with 7.502% APR and $7,463 monthly payment at 70% loan-to-value (LTV) and 2.250 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 1, 2026.

Estimated monthly payment includes principal, interest, estimated Charlotte, NC property taxes, and estimated homeowners insurance.

Charlotte housing market at a glance

September 2026 data

In Charlotte, homes are selling in about 77 days (20 slower than a year ago), sales are up 22.0% from last year, and about 27% of listings have had a price cut.

Median sale price

$419,000

$233 per sq. ft.

Homes sold

6,346

▲ 22.0% vs. 5,201 last year

Days on market

vs. 57 days last year

Homes for sale

5,940

361 new listings

Listings with a price cut

27%

1,598 of 5,940 listings

Source: Movoto Charlotte, NC market trends, September 2026. Last updated October 5, 2026.

What it costs to buy a home in Charlotte

Monthly payments on Charlotte's median home price of $419,000 (September 2026), at today's rates.

20% down · Conventional

$2,686/mo

Down payment: $83,800
Loan amount: $335,200
Rate: 7.125%
Principal & interest: $2,258
Est. property tax: $248
Est. homeowners insurance: $180

5% down · Conventional

$3,110/mo

Down payment: $20,950
Loan amount: $398,050
Rate: 7.125%
Principal & interest: $2,682
Est. property tax: $248
Est. homeowners insurance: $180

3.5% down · FHA

$3,131/mo

Down payment: $14,665
Loan amount: $411,411
Rate: 6.875%
Principal & interest: $2,703
Est. property tax: $248
Est. homeowners insurance: $180

Payments include principal, interest, estimated Charlotte property taxes, and estimated homeowners insurance. They do not include mortgage insurance (PMI or FHA monthly MIP), which applies with less than 20% down, or HOA dues. The FHA loan amount includes the 1.75% upfront mortgage insurance premium. These are examples based on the median price, not the sample loan used in the rate table above.

How much income do you need to buy a home in Charlotte?

A common lender guideline is to keep your total housing payment (principal, interest, estimated Charlotte property taxes, and estimated homeowners insurance) at or below 28% of your gross monthly income. Gross income is what you earn before taxes and other deductions come out of your paycheck. Based on that guideline, here's the yearly household income needed for Charlotte's $419,000 median home:

20% down · Conventional$2,686/mo payment $115,120/yrabout $9,593/mo before taxes

5% down · Conventional$3,110/mo payment $133,267/yrabout $11,106/mo before taxes

3.5% down · FHA$3,131/mo payment $134,164/yrabout $11,180/mo before taxes

Why this matters: Keeping housing costs near 28% of your income leaves room for other bills, savings and the upkeep that comes with owning a home. It's a planning guideline, not a hard limit.

What lenders look at: Lenders also look at your debt-to-income (DTI) ratio, which adds your car, student loan and credit card payments to the new mortgage payment. Depending on the loan program and your credit, many lenders allow total debts of roughly 43% to 50% of gross income, so you may qualify with less income than shown, or need more if you carry other debt.

Household income counts: If you're buying with a partner or co-borrower, lenders can combine your incomes.

How rates change your payment

Principal and interest on a $335,200 loan (the Charlotte median price with 20% down). Every 0.25% is worth about $56/mo.

Rate	6.13%	6.38%	6.63%	6.88%	7.13% today	7.38%
Monthly P&I	$2,037	$2,091	$2,146	$2,202	$2,258	$2,315

Ways to make a Charlotte home more affordable

Negotiate on price. About 27% of Charlotte listings have had a price cut, so many sellers are open to offers.
Ask for seller concessions. Homes take 77 days to sell, 20 more than last year. Sellers may cover closing costs or pay for a rate buydown.
Consider buying down your rate. On this example loan, a rate 0.5% lower saves about $112 a month.
Compare loan types. FHA rates are at 6.875% vs. 7.125% for conventional, with as little as 3.5% down. Compare by APR, including mortgage insurance.

Charlotte mortgage and home buying FAQs

What are mortgage rates in Charlotte today?

As of October 9, 2026, Lower’s 30-year fixed conventional rate in Charlotte is 7.125% (7.439% APR), and the 30-year FHA rate is 6.875% (7.697% APR). Your rate depends on your credit, down payment, loan type and any points you pay. See the rate table above for points and full details.

What is the monthly payment on a median-priced home in Charlotte?

On Charlotte’s $419,000 median home price (September 2026), a 30-year conventional loan with 20% down at 7.125% comes to about $2,686 a month, including principal, interest, estimated Charlotte property taxes, and estimated homeowners insurance. With an FHA loan and 3.5% down, it’s about $3,131 a month before monthly mortgage insurance.

How much income do I need to buy a house in Charlotte?

To keep housing costs at 28% of gross (pre-tax) income, you’d need a household income of about $115,120 a year to buy Charlotte’s $419,000 median home with 20% down, or about $134,164 with an FHA loan and 3.5% down. Lenders also consider your other debts, so the income you need may be higher or lower.

How much do I need for a down payment in Charlotte?

On the $419,000 median home, 20% down is $83,800, 5% down is $20,950, and the FHA minimum of 3.5% is $14,665. Putting less than 20% down usually means paying mortgage insurance. You’ll also need money for closing costs.

Is it a buyer’s or seller’s market in Charlotte right now?

In September 2026, Charlotte homes sold in about 77 days, 20 days slower than a year earlier. 6346 homes sold, up from 5201 the year before, and about 27% of the 5940 homes for sale have had a price cut. Slower sales and frequent price cuts generally give buyers more room to negotiate than a year ago.

How much does a quarter-point rate change affect payments in Charlotte?

On a $335,200 loan (the median Charlotte home with 20% down), each 0.25% change in rate moves the principal and interest payment by about $56 a month, or about $675 a year.

How much are property taxes in Charlotte?

Lower estimates Charlotte property taxes at about 0.71% of a home’s value per year. On the $419,000 median home, that’s roughly $2,975 a year, or $248 a month. Your actual bill depends on your assessed value and any exemptions.

Market data: Movoto, September 2026. Homeowners insurance estimates are based on average annual premiums in Charlotte from The Zebra; your quote will vary. Rates as of October 9, 2026. Examples only; not an offer of credit. Your rate and payment depend on your credit, down payment, loan type and other factors.

Loan officers in Charlotte, NC

Local experts who can walk you through today's Charlotte rates, your budget and the loan options that fit.

Erik Markwat

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NMLS ID# 1977195

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5.0

Angie Lewis was so professional and helpful during the process. She is very good at what she does.

David P.

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September 20, 2026

5.0

Clay was great to work with! He responds quickly and professionally. He also did a very good job of breaking down the details and explaining everything. I would recommend him to anyone!

Joel G.

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September 18, 2026

5.0

Nikki was very easy to communicate with and explained everything. It was a pleasure to work with Nikki !

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Verified Customer

August 28, 2026

5.0

Simple, Rachelle made it great.

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Verified Customer

September 8, 2026

5.0

Laura was very helpful throughout the process. She responded on nights and weekends and gave advi throughout

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Verified Customer

September 2, 2026

5.0

Seamless. Little to no effort on our part required.

Scott S.

Verified Customer

August 23, 2026

David P. rated Angie Lewis 5.0 stars: Angie Lewis was so professional and helpful during the process. She is very good at what she does. Joel G. rated Clay Brown 5.0 stars: Clay was great to work with! He responds quickly and professionally. He also did a very good job of breaking down the details and explaining everything. I would recommend him to anyone! Jeanne C. rated Nikki Rogers 5.0 stars: Nikki was very easy to communicate with and explained everything. It was a pleasure to work with Nikki ! Cerra H. rated Rachelle Killman 5.0 stars: Simple, Rachelle made it great. Pierce C. rated Laura Kurtz 5.0 stars: Laura was very helpful throughout the process. She responded on nights and weekends and gave advi throughout Scott S. rated Phil Cunningham 5.0 stars: Seamless. Little to no effort on our part required.

Charlotte, NC Mortgage Rates Today

Current Mortgage Rates in Charlotte

Charlotte housing market at a glance

What it costs to buy a home in Charlotte

How much income do you need to buy a home in Charlotte?

How rates change your payment

Ways to make a Charlotte home more affordable

Charlotte mortgage and home buying FAQs

Loan officers in Charlotte, NC

Erik Markwat

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