Columbus Ohio Mortgage Rates Today

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Loan Type	Rate	APR	Points	Monthly Payment
FHA 30-Year Fixed	6.875%	7.697%	1.898	$3,147
VA 30-Year Fixed	6.750%	7.142%	1.864	$3,106
Conventional 15-Year Fixed	6.625%	7.094%	2.093	$3,881
Conventional 30-Year Fixed	7.125%	7.436%	2.220	$3,166
Jumbo 30-Year Fixed	7.125%	7.360%	2.175	$8,272

Loan Type	Rate	APR	Points	Monthly Payment
FHA 30-Year Refinance	7.000%	7.862%	2.415	$3,177
VA 30-Year Refinance	7.000%	7.290%	2.323	$3,148
Conventional 15-Year Refinance	6.875%	7.362%	2.359	$3,929
Conventional 30-Year Refinance	7.375%	7.680%	2.330	$3,225
Jumbo 30-Year Refinance	7.250%	7.502%	2.250	$8,353

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 $3,147 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 7.142% APR and $3,106 monthly payment at 70% loan-to-value (LTV) and 1.864 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 7.094% APR and $3,881 monthly payment at 70% loan-to-value (LTV) and 2.093 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 7.436% APR and $3,166 monthly payment at 70% loan-to-value (LTV) and 2.220 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 7.360% APR and $8,272 monthly payment at 70% loan-to-value (LTV) and 2.175 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 12, 2026.

Estimated property taxes are based on a 1.49% effective rate for Franklin County, Ohio, 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 $2,247 for Columbus, OH, 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 $3,177 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 7.290% APR and $3,148 monthly payment at 70% loan-to-value (LTV) and 2.323 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 $3,929 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 7.680% APR and $3,225 monthly payment at 70% loan-to-value (LTV) and 2.330 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 $8,353 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 12, 2026.

Estimated monthly payment includes principal, interest, estimated Columbus, OH property taxes, and estimated homeowners insurance.

Columbus housing market at a glance

September 2026 data

In Columbus, homes are selling in about 53 days (8 slower than a year ago), sales are up 4.9% from last year, and about 31% of listings have had a price cut.

Median sale price

$270,000

$192 per sq. ft.

Homes sold

2,723

▲ 4.9% vs. 2,597 last year

Days on market

vs. 45 days last year

Homes for sale

3,882

325 new listings

Listings with a price cut

31%

1,192 of 3,882 listings

Source: Movoto Columbus, OH market trends, September 2026. Last updated October 5, 2026.

What it costs to buy a home in Columbus

Monthly payments on Columbus's median home price of $270,000 (September 2026), at today's rates.

20% down · Conventional

$1,978/mo

Down payment: $54,000
Loan amount: $216,000
Rate: 7.125%
Principal & interest: $1,455
Est. property tax: $335
Est. homeowners insurance: $187

5% down · Conventional

$2,251/mo

Down payment: $13,500
Loan amount: $256,500
Rate: 7.125%
Principal & interest: $1,728
Est. property tax: $335
Est. homeowners insurance: $187

3.5% down · FHA

$2,264/mo

Down payment: $9,450
Loan amount: $265,110
Rate: 6.875%
Principal & interest: $1,742
Est. property tax: $335
Est. homeowners insurance: $187

Payments include principal, interest, estimated Columbus 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 Columbus?

A common lender guideline is to keep your total housing payment (principal, interest, estimated Columbus 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 Columbus's $270,000 median home:

20% down · Conventional$1,978/mo payment $84,762/yrabout $7,063/mo before taxes

5% down · Conventional$2,251/mo payment $96,456/yrabout $8,038/mo before taxes

3.5% down · FHA$2,264/mo payment $97,034/yrabout $8,086/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 $216,000 loan (the Columbus median price with 20% down). Every 0.25% is worth about $36/mo.

Rate	6.13%	6.38%	6.63%	6.88%	7.13% today	7.38%
Monthly P&I	$1,312	$1,348	$1,383	$1,419	$1,455	$1,492

Ways to make a Columbus home more affordable

Negotiate on price. About 31% of Columbus listings have had a price cut, so many sellers are open to offers.
Ask for seller concessions. Homes take 53 days to sell, 8 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 $72 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.

Columbus mortgage and home buying FAQs

What are mortgage rates in Columbus today?

As of October 9, 2026, Lower’s 30-year fixed conventional rate in Columbus is 7.125% (7.436% 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 Columbus?

On Columbus’s $270,000 median home price (September 2026), a 30-year conventional loan with 20% down at 7.125% comes to about $1,978 a month, including principal, interest, estimated Columbus property taxes, and estimated homeowners insurance. With an FHA loan and 3.5% down, it’s about $2,264 a month before monthly mortgage insurance.

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

To keep housing costs at 28% of gross (pre-tax) income, you’d need a household income of about $84,762 a year to buy Columbus’s $270,000 median home with 20% down, or about $97,034 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 Columbus?

On the $270,000 median home, 20% down is $54,000, 5% down is $13,500, and the FHA minimum of 3.5% is $9,450. 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 Columbus right now?

In September 2026, Columbus homes sold in about 53 days, 8 days slower than a year earlier. 2723 homes sold, up from 2597 the year before, and about 31% of the 3882 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 Columbus?

On a $216,000 loan (the median Columbus home with 20% down), each 0.25% change in rate moves the principal and interest payment by about $36 a month, or about $435 a year.

How much are property taxes in Columbus?

Lower estimates Columbus property taxes at about 1.49% of a home’s value per year. On the $270,000 median home, that’s roughly $4,023 a year, or $335 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 Columbus 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 Columbus, OH

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

Brandon Hartley

Senior Loan Officer

NMLS ID# 173898

Columbus, OH Mortgage Rates Today

Current Mortgage Rates in Columbus

Legal Disclosures

Columbus housing market at a glance

What it costs to buy a home in Columbus

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

How rates change your payment

Ways to make a Columbus home more affordable

Columbus mortgage and home buying FAQs

Loan officers in Columbus, OH

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