Current Mortgage Rates in Toledo, OH

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Loan Type	Rate	APR	Points	Est. Monthly Payment
FHA 30-Year Fixed	6.750%	7.586%	2.203	$3,293
VA 30-Year Fixed	6.625%	7.027%	2.128	$3,252
Conventional 15-Year Fixed	6.375%	6.838%	2.216	$4,008
Conventional 30-Year Fixed	7.000%	7.292%	2.206	$3,312
Jumbo 30-Year Fixed	7.000%	7.208%	1.925	$8,661

Loan Type	Rate	APR	Points	Est. Monthly Payment
FHA 30-Year Refinance	7.000%	7.824%	2.149	$3,353
VA 30-Year Refinance	6.875%	7.177%	2.500	$3,294
Conventional 15-Year Refinance	6.750%	7.217%	2.328	$4,080
Conventional 30-Year Refinance	7.250%	7.554%	2.420	$3,371
Jumbo 30-Year Refinance	7.000%	7.262%	2.375	$8,661

Loan Type	Rate	APR	Points	Est. Monthly Payment

FHA 30-Year Fixed: Interest rate offered based on $356,125 loan amount with 7.586% APR and $3,293 monthly payment at 70% loan-to-value (LTV) and 2.203 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

VA 30-Year Fixed: Interest rate offered based on $354,375 loan amount with 7.027% APR and $3,252 monthly payment at 70% loan-to-value (LTV) and 2.128 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

Conventional 15-Year Fixed: Interest rate offered based on $350,000 loan amount with 6.838% APR and $4,008 monthly payment at 70% loan-to-value (LTV) and 2.216 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

Conventional 30-Year Fixed: Interest rate offered based on $350,000 loan amount with 7.292% APR and $3,312 monthly payment at 70% loan-to-value (LTV) and 2.206 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

Jumbo 30-Year Fixed: Interest rate offered based on $950,001 loan amount with 7.208% APR and $8,661 monthly payment at 70% loan-to-value (LTV) and 1.925 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

Estimated property taxes are based on a 1.90% effective rate for Lucas 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 $2,304 for Toledo, 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 7.824% APR and $3,353 monthly payment at 70% loan-to-value (LTV) and 2.149 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

VA 30-Year Refinance: Interest rate offered based on $351,750 loan amount with 7.177% APR and $3,294 monthly payment at 70% loan-to-value (LTV) and 2.500 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

Conventional 15-Year Refinance: Interest rate offered based on $350,000 loan amount with 7.217% APR and $4,080 monthly payment at 70% loan-to-value (LTV) and 2.328 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

Conventional 30-Year Refinance: Interest rate offered based on $350,000 loan amount with 7.554% APR and $3,371 monthly payment at 70% loan-to-value (LTV) and 2.420 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

Jumbo 30-Year Refinance: Interest rate offered based on $950,001 loan amount with 7.262% APR and $8,661 monthly payment at 70% loan-to-value (LTV) and 2.375 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

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

Toledo housing market at a glance

September 2026 data

In Toledo, homes are selling in about 28 days (8 slower than a year ago), sales are up 9.5% from last year, and about 22% of listings have had a price cut.

Median sale price

$130,000

$92 per sq. ft.

Homes sold

1,019

▲ 9.5% vs. 931 last year

Days on market

vs. 20 days last year

Homes for sale

1,145

110 new listings

Listings with a price cut

22%

247 of 1,145 listings

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

What it costs to buy a home in Toledo

Monthly payments on Toledo's median home price of $130,000 (September 2026), at today's rates.

20% down · Conventional

$1,090/mo

Down payment: $26,000
Loan amount: $104,000
Rate: 7.000%
Principal & interest: $692
Est. property tax: $206
Est. homeowners insurance: $192

5% down · Conventional

$1,220/mo

Down payment: $6,500
Loan amount: $123,500
Rate: 7.000%
Principal & interest: $822
Est. property tax: $206
Est. homeowners insurance: $192

3.5% down · FHA

$1,226/mo

Down payment: $4,550
Loan amount: $127,645
Rate: 6.750%
Principal & interest: $828
Est. property tax: $206
Est. homeowners insurance: $192

Payments include principal, interest, estimated Toledo 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 Toledo?

A common lender guideline is to keep your total housing payment (principal, interest, estimated Toledo 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 Toledo's $130,000 median home:

20% down · Conventional$1,090/mo payment $46,705/yrabout $3,892/mo before taxes

5% down · Conventional$1,220/mo payment $52,265/yrabout $4,355/mo before taxes

3.5% down · FHA$1,226/mo payment $52,533/yrabout $4,378/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 $104,000 loan (the Toledo median price with 20% down). Every 0.25% is worth about $17/mo.

Rate	6.00%	6.25%	6.50%	6.75%	7.00% today	7.25%
Monthly P&I	$624	$640	$657	$675	$692	$709

Ways to make a Toledo home more affordable

Negotiate on price. About 22% of Toledo listings have had a price cut, so many sellers are open to offers.
Ask for seller concessions. Homes take 28 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 $35 a month.
Compare loan types. FHA rates are at 6.750% vs. 7.000% for conventional, with as little as 3.5% down. Compare by APR, including mortgage insurance.

Toledo mortgage and home buying FAQs

What are mortgage rates in Toledo today?

As of October 19, 2026, Lower’s 30-year fixed conventional rate in Toledo is 7.000% (7.292% APR), and the 30-year FHA rate is 6.750% (7.586% 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 Toledo?

On Toledo’s $130,000 median home price (September 2026), a 30-year conventional loan with 20% down at 7.000% comes to about $1,090 a month, including principal, interest, estimated Toledo property taxes, and estimated homeowners insurance. With an FHA loan and 3.5% down, it’s about $1,226 a month before monthly mortgage insurance.

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

To keep housing costs at 28% of gross (pre-tax) income, you’d need a household income of about $46,705 a year to buy Toledo’s $130,000 median home with 20% down, or about $52,533 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 Toledo?

On the $130,000 median home, 20% down is $26,000, 5% down is $6,500, and the FHA minimum of 3.5% is $4,550. 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 Toledo right now?

In September 2026, Toledo homes sold in about 28 days, 8 days slower than a year earlier. 1019 homes sold, up from 931 the year before, and about 22% of the 1145 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 Toledo?

On a $104,000 loan (the median Toledo home with 20% down), each 0.25% change in rate moves the principal and interest payment by about $17 a month, or about $208 a year.

How much are property taxes in Toledo?

Lower estimates Toledo property taxes at about 1.90% of a home’s value per year. On the $130,000 median home, that’s roughly $2,470 a year, or $206 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 Toledo from The Zebra; your quote will vary. Rates as of October 19, 2026. Examples only; not an offer of credit. Your rate and payment depend on your credit, down payment, loan type and other factors.

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Riley B.

Verified Customer

October 10, 2026

5.0

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Brandon N.

Verified Customer

September 17, 2026

5.0

Reily and his team are very easy to work with.

John T.

Verified Customer

October 3, 2026

5.0

Reily was a very clear communicator and very available to speak with for any questions that arose. He gave me multiple options and modeled different scenarios so i could decide which down payment options worke…d for me. He was flexible when i changed my financing strategy and helped me stay on top of things every step of the way. He made things so easy providing me options for reputable companies to use for inspections and insurance.

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Verified Customer

September 13, 2026

5.0

Reily and his team comminicsted communicated timely and were very supportive in a transaction that had a fast closing timeline.

Bennett S.

Verified Customer

September 23, 2026

5.0

Communication. Staying informed provides peace of mind and we were kept in the loop every step of the way.

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Verified Customer

August 16, 2026

Riley B. rated Trey Howard 5.0 stars: That everyone worked to the best of their ability and i felt really taken care of. Brandon N. rated Reily Kiser 5.0 stars: Reily went above and beyond to make the home buying process as smooth as possible! Highly recommend ! John T. rated Reily Kiser 5.0 stars: Reily and his team are very easy to work with. Jessica H. rated Reily Kiser 5.0 stars: Reily was a very clear communicator and very available to speak with for any questions that arose. He gave me multiple options and modeled different scenarios so i could decide which down payment options worked for me. He was flexible when i changed my financing strategy and helped me stay on top of things every step of the way. He made things so easy providing me options for reputable companies to use for inspections and insurance. Bennett S. rated Reily Kiser 5.0 stars: Reily and his team comminicsted communicated timely and were very supportive in a transaction that had a fast closing timeline. Phillip G. rated Josie George 5.0 stars: Communication. Staying informed provides peace of mind and we were kept in the loop every step of the way.

Toledo, OH Mortgage Rates Today