The Woodlands, Texas Mortgage Rates Today for November 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Current The Woodlands, Texas mortgage rates today start at 5.75% for a 30 year fixed and 5.50% for a 15 year fixed, compared with Texas averages of 7.196% and 6.682%. The Woodlands, Texas mortgage rates range from 5.02% to 8.63%, verified by MonitorBankRates as of November 12, 2026. Current 30-year fixed mortgage rates in The Woodlands, Texas include Frost BankFrost Bank10767 Kuykendahl Rd, The Woodlands, TX, 77382A+5.0 ★Texas Ratio: 2.51%Rate verified Nov 11, 2026 at 5.75%, Texas Dow Employees Credit UnionTexas Dow Employees Credit Union9595 Six Pines Dr, The Woodlands, TX, 77380A5.0 ★Texas Ratio: 13.90%Rate verified Nov 8, 2026 at 6.63%, First Community Credit Union Houston, TXFirst Community Credit Union Houston, TX3601 FM 1488 Rd, The Woodlands, TX, 77384 3943A+5.0 ★Texas Ratio: 3.58%Rate verified Nov 8, 2026 at 6.875%, Chemcel Federal Credit UnionChemcel Federal Credit UnionA+5.0 ★Texas Ratio: 3.32%Rate verified Nov 12, 2026 at 6.054%, and Education First Federal Credit UnionEducation First Federal Credit UnionA+5.0 ★Texas Ratio: 3.82%Rate verified Nov 7, 2026 at 6.00%. Mortgage rates as of November 12, 2026 according to verified data from MonitorBankRates.
The Woodlands borrowers can compare 232 mortgage rates from 36 lenders serving the Texas area, including 3 local, with rates as low as 5.75% from Frost Bank at 10767 Kuykendahl Rd, The Woodlands, TX, 77382. Use the tabs below to compare all available loan types and terms. Rates are continually updated, so we recommend checking back frequently.
Mortgage Rates reflect actual verified offers from lenders actively lending to Texas borrowers. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated and Verified: November 12, 2026
Compare Mortgage Rates Today in The Woodlands, Texas & the Surrounding Area
The Woodlands 30 Year Fixed Mortgage Rates
Income-based option; for households with lower incomes; up to $4,000 toward closing costs for qualifying borrowers; benefits cannot be combined with location-based option; financing up to 100%; no minimum loan amount
Location-based option; for homes located in qualifying locations; administrative fee waived for eligible borrowers; benefits cannot be combined with income-based option; financing up to 100%; no minimum loan amount
- Nov 11, 20266.96%▼ from 7.08%
- Oct 20, 20267.08%first recorded
Purchase; for military veterans; VA guaranteed
No additional details available.
Monthly Principal & Interest: $1,971.00
- Oct 29, 20267.00%▼ from 7.14%
- Oct 26, 20267.14%first recorded
Purchase
Refinance
Loans up to $832,750; financing up to 95% available; second home financing available
- Nov 11, 20267.23%▼ from 7.35%
- Oct 20, 20267.35%▼ from 7.73%
- Oct 14, 20267.73%first recorded
Purchase; requires mortgage insurance; FHA guaranteed
Refinance; requires mortgage insurance; FHA guaranteed
As Low As; 30-year fixed rates starting at 6.054% APR; Mortgage programs offered through Member First Mortgage, LLC (MFM)
Mortgage loan; APR shown is the lowest available rate; rates depend on individual creditworthiness
As Low As; Effective October 28, 2026; APR = Annual Percentage Rate
- Oct 29, 20266.75%▲ from 6.25%
- Oct 2, 20266.25%▲ from 6.10%
- Oct 1, 20266.10%▼ from 6.35%
- Sep 18, 20266.35%first recorded
Mortgage rates effective 11/07/2026; Lender Fee: 0.00%
- Nov 5, 20266.75%▼ from 6.88%
- Oct 30, 20266.88%▼ from 6.99%
- Oct 19, 20266.99%▼ from 7.00%
- Oct 14, 20267.00%▼ from 7.13%
Loan to Value: 90%; Real Estate Loans - Purchase/Refinance
The Woodlands 15 Year Fixed Mortgage Rates
No additional details available.
Monthly Principal & Interest: $2,532.00
- Oct 29, 20266.24%▼ from 6.34%
- Oct 26, 20266.34%first recorded
Loans up to $832,750; financing up to 95% available; second home financing available
- Nov 11, 20266.54%▼ from 6.66%
- Oct 20, 20266.66%▼ from 7.04%
- Oct 14, 20267.04%first recorded
Purchase
Refinance
Amount starting at $50,000
- Nov 8, 20268.86%▼ from 8.88%
- Nov 3, 20268.88%▲ from 8.77%
- Oct 29, 20268.77%▼ from 8.92%
- Oct 26, 20268.92%▼ from 9.08%
Mortgage loan; APR shown is the lowest available rate; rates depend on individual creditworthiness
Mortgage/Land Loan; All rates quoted with zero points; APR assumes $100,000 loan amount and monthly repayment
- Oct 2, 20266.00%▲ from 5.75%
- Sep 14, 20265.75%first recorded
Loan to Value: 80%
- Nov 8, 20266.03%▲ from 6.03%
- Oct 26, 20266.03%first recorded
As Low As; Get peace of mind with predictable monthly payments. Both traditional and short-term options available.
- Nov 9, 20266.13%▼ from 6.25%
- Nov 5, 20266.25%▼ from 6.38%
- Oct 19, 20266.38%▼ from 6.50%
- Sep 27, 20266.50%▲ from 6.25%
Mortgage rates effective 11/07/2026; Lender Fee: 0.50%
- Nov 9, 20266.17%▼ from 6.30%
- Oct 30, 20266.30%▼ from 6.42%
- Oct 19, 20266.42%▼ from 6.55%
- Oct 10, 20266.55%▼ from 6.67%
As Low As; Effective October 28, 2026; APR = Annual Percentage Rate
- Oct 29, 20266.25%▲ from 5.50%
- Oct 2, 20265.50%▲ from 5.00%
- Oct 1, 20265.00%▼ from 5.25%
- Sep 18, 20265.25%first recorded
Number of Payments: 180; Total Payment: $2,057.81; based on $240,000.00 loan amount, 20.000% down, minimum credit score 740, single family primary residence
Loan to Value: 90%; Real Estate Loans - Purchase/Refinance
Discount Point: 1.05%; Origination Point: 0.00%
- Nov 9, 20266.37%▼ from 6.43%
- Oct 30, 20266.43%▼ from 6.59%
- Oct 19, 20266.59%first recorded
The Woodlands 5/1 ARM Mortgage Rates
ARM rate; Amount starting at $40,000
- Nov 8, 20268.05%▼ from 8.07%
- Nov 3, 20268.07%▲ from 7.99%
- Oct 29, 20267.99%▼ from 8.13%
- Oct 26, 20268.13%▼ from 8.28%
Based on $280,000 loan, owner-occupied single-family 1-unit, 80% LTV, FICO 740+
- Nov 7, 20265.36%▼ from 5.47%
- Nov 3, 20265.47%▲ from 5.44%
- Oct 29, 20265.44%first recorded
Rate fixed for 60 months; annual adjustment cap 2% after 60 months; maximum adjustment for life of loan 4.0%; interest rates effective as of November 2, 2026; may vary based on credit score
- Nov 3, 20265.50%▲ from 5.25%
- Sep 14, 20265.25%first recorded
Rates effective June 3, 2026; Annual Cap: 2.00%; Lifetime Cap: 5.00%; Minimum Loan Amount is $20,000; Maximum Refinance Loan to Value is 90%; Maximum Purchase Money 95% LTV; APR based on 30-day average SOFR index; APR calculated on a $100,000 loan; based on A+ credit rating
As Low As; Enjoy a low initial rate that adjusts with the market. Various terms and options available.
- Oct 26, 20265.88%▼ from 6.00%
- Oct 14, 20266.00%▼ from 6.13%
- Oct 1, 20266.13%▲ from 5.63%
- Sep 18, 20265.63%▲ from 5.50%
As Low As; Estimated payment: $2,098.43 per month for initial fixed rate period (5 years)
Purchase transaction with 20% down payment; APR based on $100,000 loan amount for 80% LTV purchase
APR fixed for first 60 months, then adjusts annually based on market index; purchase and refinance of residential property only
- Nov 3, 20266.04%▼ from 6.16%
- Oct 29, 20266.16%▼ from 6.17%
- Oct 19, 20266.17%first recorded
As Low As; Rate and payment locked for first 5 years, then adjustable every 5 years; 5% minimum down payment
- Oct 2, 20266.09%▲ from 5.84%
- Sep 20, 20265.84%▲ from 5.59%
- Sep 14, 20265.59%first recorded
As Low As; Mortgage Loans Rates
Term: 5/6 ARM 30-Year Variable; Loan amount up to $832,750; Rate Effective Date: November 07, 2026
As Low As; Interest Rate/APR shown as rate / APR; Term structure 5/1 ARM; 1% annual rate caps
As Low As; Adjustable Rate (15/15 ARM) - Primary or secondary owner-occupied residence, $205,000 loan amount, 80% LTV, 5% Rate Cap for one-time adjustment; Payment example: $1278.93
- Oct 23, 20266.63%▲ from 6.61%
- Oct 5, 20266.61%▲ from 6.24%
- Sep 17, 20266.24%▲ from 6.22%
- Sep 14, 20266.22%first recorded
No additional details available.
- Oct 12, 20266.82%▲ from 5.44%
- Sep 25, 20265.44%first recorded
As Low As; Rates effective as of 11/3/2026
- Oct 30, 20266.94%▼ from 6.98%
- Oct 19, 20266.98%first recorded
The Woodlands 30-Year Jumbo Mortgage Rates
For loans greater than $832,750; financing up to 90% available; no maximum loan amount; second home financing available
- Nov 11, 20266.53%▼ from 6.60%
- Oct 26, 20266.60%▲ from 6.53%
- Oct 20, 20266.53%first recorded
For loans greater than $832,750; financing up to 90% available; no maximum loan amount; second home financing available
- Nov 11, 20266.83%▲ from 6.75%
- Oct 20, 20266.75%first recorded
Jumbo loans greater than $832,750; 20% down payment required; up to 80% LTV
Monthly Principal & Interest: $6,654.00; Jumbo loans greater than $832,750; 20% down payment required; up to 80% LTV
- Oct 29, 20267.07%▼ from 7.21%
- Oct 26, 20267.21%first recorded
For loans greater than $832,750; financing up to 90% available; no maximum loan amount; second home financing available
- Nov 11, 20267.29%▼ from 7.54%
- Oct 26, 20267.54%▲ from 7.41%
- Oct 20, 20267.41%first recorded
Purchase or refinance of a luxury home, also available as home equity; fixed for first 7 years; Amount $806,501 - $2,000,000
- Nov 8, 20267.33%▼ from 7.34%
- Nov 3, 20267.34%▲ from 7.29%
- Oct 29, 20267.29%▼ from 7.42%
- Oct 26, 20267.42%▼ from 7.56%
As Low As; Loan amounts greater than $832,750; Primary Residence and Second Homes available
As Low As; Loan amounts greater than $832,750; Rates based on 80% loan to value; financing up to 90% LTV; origination fees may apply; construction phase up to 1 year in addition to terms listed above
- Oct 2, 20266.25%▲ from 5.99%
- Sep 20, 20265.99%▲ from 5.74%
- Sep 14, 20265.74%first recorded
Home Loans Over $832,750; Rate Effective Date: November 07, 2026
- Nov 3, 20266.41%▼ from 6.80%
- Oct 23, 20266.80%▼ from 6.86%
- Oct 15, 20266.86%▲ from 6.80%
- Oct 13, 20266.80%▼ from 6.87%
As Low As
- Nov 11, 20266.50%▼ from 6.59%
- Nov 5, 20266.59%▼ from 6.71%
- Oct 31, 20266.71%▼ from 6.83%
- Oct 20, 20266.83%▼ from 6.87%
Fixed-rate mortgage; Our purchase rates
Jumbo Home Loans; Payment example: $6238.70
- Nov 9, 20266.65%▼ from 6.71%
- Nov 5, 20266.71%▼ from 6.78%
- Oct 30, 20266.78%▲ from 6.71%
- Oct 26, 20266.71%first recorded
Jumbo Home Loans; Payment example: $6320.68
- Nov 9, 20266.66%▼ from 6.74%
- Nov 5, 20266.74%▼ from 6.82%
- Oct 30, 20266.82%▲ from 6.74%
- Oct 26, 20266.74%first recorded
Rate as low as 6.250%; based on a $1,200,000 loan amount with 80% CLTV and FICO>=740; 2% annual adjustment and 5% lifetime cap; primary or secondary owner-occupied; rate and payment may increase after consummation
- Oct 23, 20266.70%▲ from 6.66%
- Sep 25, 20266.66%▲ from 6.29%
- Sep 17, 20266.29%▲ from 6.25%
- Sep 14, 20266.25%first recorded
Lender Fee: 0.00%
- Nov 9, 20266.76%▼ from 6.82%
- Oct 26, 20266.82%first recorded
The Woodlands 15-Year Jumbo Mortgage Rates
For loans greater than $832,750; financing up to 90% available; no maximum loan amount; second home financing available
- Nov 11, 20267.19%▼ from 7.31%
- Oct 20, 20267.31%first recorded
As Low As; Loan amounts greater than $832,750; Primary Residence and Second Homes available
Lender Fee: 0.00%
- Oct 30, 20266.49%▼ from 6.74%
- Oct 19, 20266.74%▼ from 6.99%
- Oct 14, 20266.99%first recorded
As Low As; Loan amounts greater than $832,750; Rates based on 80% loan to value; financing up to 90% LTV; origination fees may apply; construction phase up to 1 year in addition to terms listed above
- Oct 2, 20266.51%▲ from 6.26%
- Sep 20, 20266.26%▲ from 6.00%
- Sep 14, 20266.00%first recorded
Conventional fixed mortgage; minimum 5% down payment; Rates as of Nov 10, 2026 ET
Home Loans Over $832,750; Rate Effective Date: November 07, 2026
- Nov 7, 20266.83%▼ from 6.96%
- Nov 3, 20266.96%▼ from 7.21%
- Oct 23, 20267.21%▼ from 7.34%
- Oct 5, 20267.34%▼ from 7.46%
Jumbo; Discount Point: 1.03%; Origination Point: 0.00%
- Nov 9, 20266.90%▼ from 6.93%
- Oct 30, 20266.93%▼ from 6.97%
- Oct 19, 20266.97%first recorded
Jumbo loan; based on $806,500.00 loan amount
- Oct 29, 20266.94%▼ from 7.23%
- Oct 26, 20267.23%▲ from 7.20%
- Oct 19, 20267.20%▼ from 7.23%
- Oct 13, 20267.23%first recorded
$766,551-$999,999; As Low As; Home Loan Rates
- Oct 2, 20267.14%▲ from 6.64%
- Sep 14, 20266.64%first recorded
based on $940,000 loan, 25% down, 45-day lock; rates as of 11/10/2026
Refinance rate; based on $940,000 loan amount and at least 25% equity
The Woodlands 5/1 Jumbo ARM Mortgage Rates
No additional details available.
- Nov 3, 20265.99%▼ from 6.10%
- Oct 29, 20266.10%▲ from 6.07%
- Oct 26, 20266.07%▼ from 6.12%
- Oct 19, 20266.12%▲ from 6.10%
As Low As; Estimated Payment per $10,000: $59.96; Loan amounts greater than $832,750; 5/5 adjustable-rate mortgage; minimum down payment 5%
- Oct 2, 20266.04%▲ from 5.79%
- Sep 20, 20265.79%▲ from 5.54%
- Sep 14, 20265.54%first recorded
As Low As
- Nov 11, 20266.45%▼ from 6.53%
- Nov 5, 20266.53%▼ from 6.65%
- Oct 31, 20266.65%▼ from 6.78%
- Oct 20, 20266.78%▼ from 6.83%
Home Loans Over $832,750; Rate Effective Date: November 07, 2026
- Nov 3, 20266.48%▼ from 6.78%
- Oct 23, 20266.78%▼ from 6.83%
- Oct 15, 20266.83%▲ from 6.75%
- Oct 13, 20266.75%▼ from 6.80%
Variable rate; Jumbo 5/6 ARM 30-Year Variable
- Nov 7, 20266.48%▼ from 6.70%
- Sep 25, 20266.70%first recorded
Rate as low as 6.375%; based on a $1,200,000 loan amount with 80% CLTV and FICO>=740; 5% rate cap for one-time adjustment; primary or secondary owner-occupied; rate and payment may increase after consummation
- Oct 23, 20266.60%▲ from 6.58%
- Sep 25, 20266.58%▲ from 6.20%
- Sep 17, 20266.20%▲ from 6.18%
- Sep 14, 20266.18%first recorded
Jumbo Home Loans; Payment example: $6157.17
- Nov 9, 20266.66%▼ from 6.71%
- Nov 5, 20266.71%▼ from 6.76%
- Oct 30, 20266.76%▲ from 6.71%
- Oct 26, 20266.71%first recorded
Jumbo Home Loans; Payment example: $6238.70
- Nov 9, 20266.86%▼ from 6.91%
- Nov 5, 20266.91%▼ from 7.03%
- Oct 30, 20267.03%▼ from 7.05%
- Oct 26, 20267.05%first recorded
based on $940,000 loan, 25% down, 45-day lock; rates as of 11/10/2026
Refinance rate; 5-year fixed period, adjusts yearly; based on $940,000 loan amount and at least 25% equity
The Woodlands FHA Loan Rates
Origination fees may apply
- Oct 29, 20267.52%▼ from 7.61%
- Oct 26, 20267.61%first recorded
Monthly Principal & Interest: $1,955.00; Origination fees may apply
- Oct 29, 20267.52%▼ from 7.61%
- Oct 26, 20267.61%first recorded
Purchase; requires mortgage insurance; FHA guaranteed
Refinance; requires mortgage insurance; FHA guaranteed
As Low As; Home Loan Rates
- Oct 2, 20266.84%▼ from 6.92%
- Sep 14, 20266.92%first recorded
Loan amount $280,000, owner-occupied single-family 1-unit, 80% LTV, FICO 740+
Loan amount $280,000, owner-occupied single-family 1-unit, 80% LTV, FICO 740+
Loan amount $280,000, owner-occupied single-family 1-unit, 80% LTV, FICO 740+
Mortgage rates effective 11/07/2026; Lender Fee: 0.00%
- Nov 5, 20267.00%▼ from 7.17%
- Oct 30, 20267.17%▼ from 7.38%
- Oct 14, 20267.38%▼ from 7.41%
- Oct 10, 20267.41%▲ from 7.36%
Mortgage rates effective 11/07/2026; Lender Fee: 0.00%
- Nov 9, 20267.21%▼ from 7.34%
- Nov 5, 20267.34%▼ from 7.46%
- Oct 30, 20267.46%▼ from 7.72%
- Oct 10, 20267.72%▼ from 7.85%
As Low As; Home Loan Rates
- Oct 2, 20267.41%▲ from 7.31%
- Sep 14, 20267.31%first recorded
As Low As; Home Loan Rates
- Oct 2, 20267.42%▲ from 7.32%
- Sep 14, 20267.32%first recorded
As low as rates; Down payment as low as 3.5% of the purchase price
- Nov 12, 20267.56%▼ from 7.69%
- Nov 7, 20267.69%▼ from 7.82%
- Oct 12, 20267.82%first recorded
As low as rates; Down payment as low as 3.5% of the purchase price
- Nov 7, 20267.62%▲ from 7.36%
- Oct 12, 20267.36%first recorded
FHA; Rates effective as of 11/12/2026, 11:31:48 AM (ET); based on a 45 day lock
- Nov 12, 20267.80%▲ from 7.67%
- Oct 28, 20267.67%first recorded
The Woodlands VA Loan Rates
Purchase; for military veterans; VA guaranteed
As Low As; Rates as of Nov 10, 2026 ET; VA loan, no down payment required; Rate already reflects 0.25% discount for eligible Servicemembers and Veterans
- Nov 11, 20266.37%▲ from 6.24%
- Nov 5, 20266.24%first recorded
Home Loans Over $832,750; Rate Effective Date: November 07, 2026
- Nov 3, 20266.41%▼ from 6.80%
- Oct 23, 20266.80%▼ from 6.86%
- Oct 15, 20266.86%▲ from 6.80%
- Oct 13, 20266.80%▼ from 6.87%
Term: 7/6 ARM 30-Year Variable; Loan amount up to $832,750; Rate Effective Date: November 07, 2026
Home Loans Over $832,750; Rate Effective Date: November 07, 2026
- Nov 3, 20266.48%▼ from 6.78%
- Oct 23, 20266.78%▼ from 6.83%
- Oct 15, 20266.83%▲ from 6.75%
- Oct 13, 20266.75%▼ from 6.80%
Term: 5/6 ARM 30-Year Variable; Loan amount up to $832,750; Rate Effective Date: November 07, 2026
Mortgage rates effective 11/07/2026; Lender Fee: 0.00%
- Nov 5, 20266.53%▼ from 6.91%
- Oct 30, 20266.91%▼ from 7.10%
- Oct 19, 20267.10%▼ from 7.12%
- Oct 14, 20267.12%▼ from 7.14%
Fixed-rate mortgage; Our purchase rates
Fixed-rate mortgage; Our purchase rates
As Low As; Rates as of Nov 10, 2026 ET; VA loan, no down payment required; Rate already reflects 0.25% discount for eligible Servicemembers and Veterans
- Nov 11, 20266.58%▼ from 7.10%
- Oct 14, 20267.10%first recorded
As Low As; Home Loan Rates
- Oct 2, 20266.84%▲ from 6.20%
- Sep 14, 20266.20%first recorded
Mortgage rates effective 11/07/2026; Lender Fee: 0.00%
- Nov 5, 20267.05%▼ from 7.17%
- Oct 30, 20267.17%▼ from 7.43%
- Oct 14, 20267.43%▼ from 7.56%
- Oct 1, 20267.56%▲ from 7.17%
Our refinance rates
VA loan; Rate (as low as) 6.750%; APR (as low as) 7.160%; source table matches the VA rows in PAGE CONTEXT, not the Jumbo Fixed Rate section
- Nov 12, 20267.16%▼ from 7.42%
- Oct 12, 20267.42%first recorded
VA; Rates effective as of 11/12/2026, 11:31:48 AM (ET); based on a 45 day lock
- Oct 28, 20267.21%▼ from 7.46%
- Oct 8, 20267.46%▲ from 7.34%
- Oct 4, 20267.34%▲ from 7.21%
- Sep 25, 20267.21%▲ from 7.08%
Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.
The Woodlands, TX Mortgage Rate Trends
Compare local The Woodlands, TX mortgage rate quotes against the statewide average
Daily mortgage rate averages tracked across our database of verified mortgage rate quotes, updated every evening.
Texas 30-year fixed rates fell 0.032 points over the past 7 days to 7.196%.
Texas 15-year fixed rates fell 0.025 points over the past 7 days to 6.682%.
Texas Mortgage Rate Forecast, Next 12 Months
Where are Texas mortgage rates headed through November 2027?
Based on Fed funds rate futures, 10-year Treasury path, and historical mortgage spread model. Not financial advice.
What Forecast Rates Mean for The Woodlands, TX Home Buyers
Monthly principal & interest payment on The Woodlands, TX median home of $511,700 (20% down, 30-year fixed, city-level Census ACS median)
| Scenario | Rate | Mo. Payment | vs. Today | % of Income |
|---|---|---|---|---|
| Today (TX avg) | 7.196% | $2,778 | 23.7% | |
| 6-Month Forecast | 7.196% (6.85, 7.50%) | $2,778 | +$0/mo | 23.7% |
| 12-Month Forecast | 7.446% (7.10, 7.75%) | $2,847 | +$70/mo | 24.3% |
Income column = annual mortgage payment as % of The Woodlands, TX median household income ($140,701). Above 30% is generally considered cost-burdened.
The Woodlands, Texas Housing Affordability
The MonitorBankRates Housing Affordability Index (MBR-HAI) for The Woodlands, Texas is updated every morning from local Census Bureau data and the current Texas average mortgage rate. A score of 100 equals the national baseline; higher is more affordable.
- MBR-HAI Score: 103.2 Near Average (Nov 13, 2026)
- National Score: 97.8 (The Woodlands is 5.4 points above)
- Average 30-Year Rate: 7.20% (Texas lenders)
- Median Home Value: $511,700 (Census)
- Median Household Income: $140,701 (Census)
- Principal & Interest on the Median Home: $2,777/mo (20% down)
What This Score Means for The Woodlands, Texas Home Buyers
The median home value of $511,700 against a median household income of $140,701 gives a price-to-income ratio of 3.6x, relatively affordable compared with national levels. Beyond the mortgage, the median total monthly owner cost here is $2,227, covering the mortgage, property taxes, insurance and utilities. Property taxes alone average $738 a month.
- 120+ Very Affordable
- 110 to 119 Affordable
- 95 to 109 Near Average
- 85 to 94 Less Affordable
- 50 to 84 Much Less Affordable
- Below 50 Least Affordable
See the full Texas affordability page All state rankings Methodology
How Mortgage Rates Impact Home Affordability in The Woodlands, Texas
The Woodlands, Texas Housing Market Overview
According to the U.S. Census Bureau, the median owner-occupied home value in The Woodlands, Texas is approximately $511,700. The 2026 FHFA conforming loan limit for this area is $832,750, meaning most buyers financing at 80% LTV will qualify for conforming loan pricing, making rate comparison across local lenders especially valuable.
The Woodlands, Texas Homeownership Rate
The homeownership rate in The Woodlands, Texas stands at 62%, near the national average of 65.7%. The homeowner vacancy rate is 1.9%.
Monthly Payment Estimates for The Woodlands, Texas Buyers
Even a small difference in your interest rate can add up to tens of thousands of dollars over the life of a loan. The table below shows monthly principal and interest payments on a $410,000 mortgage, based on a 20% down payment on the The Woodlands, Texas median home value.
| Interest Rate | Loan Term | Monthly Payment | Total Interest Paid |
|---|---|---|---|
| 6.696% | 30-year fixed | $2,645 | $542,039 |
| 7.196% Current Avg | 30-year fixed | $2,782 | $591,492 |
| 7.696% | 30-year fixed | $2,922 | $641,922 |
| 6.682% | 15-year fixed | $3,613 | $240,284 |
A 0.500% rate increase on a $410,000 loan adds roughly $140 per month and over $50,430 in total interest over a 30-year term. That’s why comparing verified, current rates from multiple lenders, using the rate table above, is one of the most impactful financial decisions a The Woodlands, Texas buyer can make.
Data sources: U.S. Census Bureau; Federal Housing Finance Agency (FHFA). Monthly payments shown are principal & interest only; taxes, insurance, and PMI not included.
The Woodlands, Texas Income & Housing Affordability
At a price-to-income ratio of 3.6x, The Woodlands, Texas is a relatively affordable housing market compared to national averages. That ratio, median home value divided by median household income, is a standard benchmark used by housing economists to gauge how accessible homeownership is relative to local earnings. The national baseline is approximately 3.8x.
What This Means for The Woodlands, Texas Buyers
With a median household income of $140,701 per year in The Woodlands, Texas ($11,725/month) and a median home value of approximately $511,700, a buyer financing at 80% LTV at the current average rate would commit roughly 23.7% of gross monthly income to principal and interest alone. that falls within a manageable range relative to income, though taxes, insurance, HOA fees, and PMI will add to the true monthly cost of ownership.
Compared to the Texas statewide price-to-income ratio of 3.6x, The Woodlands tracks closely with the broader Texas market on income-adjusted affordability. In either case, even a 0.25% improvement in your mortgage rate meaningfully reduces both the income needed to qualify and the total cost over the loan term.
Data sources: U.S. Census Bureau. Monthly payment estimate assumes 80% LTV at current average rate; principal and interest only.
Full Cost of Homeownership in The Woodlands, Texas
A mortgage payment is just the starting point. Property taxes, insurance, and utilities add hundreds of dollars per month to the true cost of owning a home in The Woodlands, Texas. Understanding the full picture before you buy is the difference between a home you can afford and one that stretches you thin.
Owner vs. Renter Costs
In The Woodlands, Texas, the median homeowner with a mortgage pays approximately $2,227/month in total housing costs, covering the mortgage payment, property taxes, insurance, and utilities. The median renter pays $1,822/month including utilities. The $405/month difference between owning and renting is relatively narrow, worth factoring carefully into a rent vs. buy analysis given that owners also build equity over time. Property taxes alone account for $738/month of the ownership cost, a figure that can vary dramatically by location and is often underestimated by first-time buyers.
Housing Cost Burden
The federal standard defines “cost burdened” as spending more than 30% of gross household income on housing. “Severely cost burdened” means spending 50% or more. Both thresholds leave little room for savings, emergencies, or other financial goals.
In The Woodlands, Texas, 19.7% of homeowners with mortgages are cost burdened and 43.9% of renters are cost burdened. Renters face significantly higher burden rates than owners, a pattern that often reflects lower renter incomes rather than lower rental costs, and one that can make the path from renting to owning financially difficult even when mortgage payments might be affordable. The 19.7% owner burden rate is below the national average of 28.0%, suggesting this market offers relatively manageable ownership costs relative to local incomes.
Data sources: U.S. Census Bureau, American Community Survey 5-Year Estimates. Monthly owner costs include mortgage payment, taxes, insurance, and utilities. Property taxes reflect median annual taxes for mortgage holders. Rent reflects median gross rent including utilities. Cost burden figures reflect households spending 30%+ of gross income on housing.
The Woodlands, Texas Mortgage Payment Calculator
See your estimated monthly principal & interest payment at today’s The Woodlands, Texas rates. The home price is prefilled with the local median home value. Adjust anything, or click a current rate on the right to apply that loan type’s rate and term instantly.
Principal & interest only, excludes property taxes, homeowners insurance, PMI, and HOA dues. See the Full Cost of Homeownership section above for those figures. Estimates are for informational purposes only.
Run the Numbers on Your The Woodlands, Texas Home Loan
Rates are only part of the equation. Use these calculators to translate current The Woodlands, Texas mortgage rates and home loan rates into real numbers for your specific situation before you request quotes from mortgage lenders.
Enter your loan amount, interest rate, and term length to see your estimated monthly principal and interest payment. Adjust any variable to model different scenarios: a larger down payment, a shorter term, or a rate a quarter-point lower than what you were quoted.
CalculateTell us your gross income, monthly debt obligations, and how much you have for a down payment. We’ll show you the home price range you’re likely to qualify for at current The Woodlands, Texas rates, so you can shop with a realistic number in mind rather than discovering your ceiling after you’ve fallen in love with a property.
CalculateIf you already own a home, enter your current rate, remaining loan balance, and the rate you’ve been quoted to refinance. The calculator shows your new monthly payment, how much you’d save each month, and the break-even point, the number of months it takes for your savings to cover the closing costs of refinancing.
CalculateBuying isn’t always the better financial decision, and renting isn’t always throwing money away. This calculator weighs the full cost of each path: mortgage payments, taxes, insurance, and maintenance against rent increases and the opportunity cost of a down payment, to show which option builds more wealth over your intended time horizon in The Woodlands, Texas.
CalculateTypes of Mortgages Available in The Woodlands, Texas
Not every loan program is right for every buyer in The Woodlands, Texas. Rates, down payment requirements, eligibility rules, and long-term costs vary significantly across products, and the right choice depends on your credit profile, how long you plan to stay, and whether you qualify for any government-backed programs.
Fixed-Rate Mortgage
A fixed-rate mortgage locks your interest rate in for the entire loan term. Your principal and interest payment on day one is identical to payment 360. That predictability is valuable for long-term financial planning, especially in markets where housing costs represent a large share of household income.
Available in 10-, 15-, 20-, and 30-year terms. The 30-year minimizes monthly payments; the 15-year cuts total interest paid dramatically but requires a higher monthly commitment. The payment comparison table above shows exactly how those trade-offs look at today’s The Woodlands, Texas rate levels.
Adjustable-Rate Mortgage (ARM)
An ARM offers a fixed introductory rate for an initial period, commonly 5, 7, or 10 years, after which the rate adjusts periodically based on a market index. The starting rate is typically lower than a comparable fixed-rate loan, which reduces your monthly payment during the initial window.
ARMs work best when you have a defined exit timeline: if you plan to sell or refinance before the fixed period ends, you capture the lower rate without exposure to future adjustments. Rate caps govern how much the rate can move at each adjustment and in total, so read those terms closely before committing.
FHA Loan
Backed by the Federal Housing Administration, FHA loans are built for buyers who don’t yet meet conventional loan standards. You can qualify with a credit score of 580 and just 3.5% down, and some lenders will consider scores as low as 500 with a 10% down payment.
The cost of that lower barrier is mortgage insurance. FHA loans carry an upfront MIP of 1.75% of the loan amount (which can be rolled in) plus an annual MIP of 0.15% to 0.75% depending on your term and LTV. For buyers who would otherwise wait years to save a larger down payment, given ongoing home price trends in The Woodlands, Texas, FHA is often the faster path to ownership.
VA Loan
Available to eligible active-duty service members, veterans, reservists, National Guard members, and qualifying surviving spouses, VA loans are among the most favorable mortgage programs available anywhere. No down payment is required, there is no monthly mortgage insurance, and rates are generally competitive with, and often better than, conventional loan rates.
A one-time funding fee applies, 2.15% of the loan for first-time VA borrowers with no down payment, which can be financed into the loan. In The Woodlands, Texas, where home prices require substantial savings for a conventional down payment, the zero-down VA benefit is an enormous advantage for those who qualify.
Jumbo Loan
The 2026 FHFA conforming loan limit for The Woodlands, Texas is $832,750. Mortgages above that amount are classified as jumbo loans and are not eligible for purchase by Fannie Mae or Freddie Mac, which means lenders carry the full risk and price that risk accordingly.
Jumbo underwriting is stricter: lenders typically require a credit score of 700 or higher, substantial cash reserves, thorough income documentation, and a down payment of at least 10 to 20%. Rates may run slightly above conforming levels, though the gap narrows in competitive lending environments.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our The Woodlands, Texas mortgage rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Mortgage Rate Data: We aggregate mortgage and refinance rates for The Woodlands, Texas directly from the official websites of local lenders, credit unions, and national mortgage originators using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every rate displayed is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home loan products in The Woodlands, Texas. We feature a comprehensive mix of licensed NMLS financial institutions, from neighborhood credit unions and competitive regional banks to large national originators available to borrowers in TX.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update mortgage rates daily. Because rates and APRs can fluctuate rapidly based on bond markets and economic conditions, every loan product features its own “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data, including the Texas Ratio, ensuring you compare rates from secure, reliable lenders.
Mortgage Product Information
How a Mortgage Works
A mortgage is a loan used to buy a home in The Woodlands, Texas, secured by the property itself as collateral. The borrower repays the amount over a set term, most commonly 30 or 15 years, in monthly installments that cover both principal and interest. Because the loan is secured, the lender can foreclose on the home if payments are not made, which is part of why mortgage rates are lower than rates on unsecured debt.
Fixed vs. Adjustable Rate Mortgages
A fixed-rate mortgage keeps the same interest rate for the entire term, so a The Woodlands, Texas homeowner’s principal-and-interest payment never changes. For example, Frost Bank is listing a Frost Progress Mortgage Options - 30-year fixed-rate (Income-based) at 5.75%. An adjustable-rate mortgage (ARM) starts with a fixed period, often five, seven, or ten years, and then adjusts periodically based on a market index. ARMs usually open with a lower rate, but the payment can rise once the fixed period ends, so they tend to suit The Woodlands, Texas borrowers who expect to move or refinance before that point. On the adjustable-rate side, Texas Dow Employees Credit Union is listing a Lot Loan 5/1 ARM at 7.88%.
How Mortgage Rates Are Set
Mortgage rates move with the broader bond market, particularly the yield on the 10-year Treasury, plus a spread that reflects lender costs and risk. On top of that national baseline, the rate a Texas borrower is offered depends on individual factors: credit score, down payment size, loan amount, loan type, and the property itself. This is why the advertised rates above are a starting point, and a borrower’s final rate is set once an application is underwritten.
Points and Closing Costs
The interest rate is not the only cost of buying a home in The Woodlands, Texas. Discount points are an optional upfront fee (one point equals one percent of the loan amount) paid to lower the rate over the life of the loan. Closing costs cover items such as origination fees, appraisal, title insurance, and recording, and typically run two to five percent of the loan. Comparing the annual percentage rate (APR) alongside the note rate helps The Woodlands, Texas shoppers account for these costs when weighing lenders.
When to Consider Refinancing
Refinancing replaces an existing mortgage with a new one, usually to secure a lower rate, change the term, or tap home equity. For The Woodlands, Texas homeowners, the general guideline is that refinancing makes sense when the savings from a lower rate recoup the closing costs within the time the borrower plans to stay in the home, known as the break-even point. Borrowers also refinance to switch from an adjustable rate to a fixed rate, or to remove mortgage insurance once enough equity has built up. Current The Woodlands, Texas refinance rates from local lenders are listed on our refinance page.
Frequently Asked Questions about Mortgage Rates in The Woodlands, Texas
What are mortgage rates in The Woodlands, Texas today?
What are home loan rates in The Woodlands, TX today?
How does my credit score affect my rate in The Woodlands, Texas?
What is a 30-Year Fixed Mortgage?
What are closing costs in The Woodlands, Texas?
Should I lock my mortgage rate?
What is an Adjustable-Rate Mortgage (ARM)?
What is a Jumbo Loan in The Woodlands, Texas?
Do I need 20% down to buy a house in The Woodlands, Texas?
What is the difference between Interest Rate and APR?
How do I compare mortgage lenders in The Woodlands, Texas?
How do I get mortgage quotes in The Woodlands, Texas?
What is the median home value in The Woodlands, Texas?
What is the homeownership rate in The Woodlands, Texas?
What is the conforming loan limit in The Woodlands, Texas?
What is the median monthly cost of homeownership in The Woodlands, Texas?
What are the median property taxes in The Woodlands, Texas?
What is the median rent in The Woodlands, Texas?
What percentage of homeowners are cost burdened in The Woodlands, Texas?
What percentage of renters are cost burdened in The Woodlands, Texas?
What are the best Mortgage rates in The Woodlands, Texas?
- Frost Bank: 5.75% (Frost Progress Mortgage Options - 30-year fixed-rate (Income-based))
- Texas Dow Employees Credit Union: 6.63% (Home Loans - VA 30-Year Fixed)
- First Community Credit Union Houston, TX: 6.875% (Home Loan - 30 Year Fixed)
- Chemcel Federal Credit Union: 6.054% (Home Mortgage Loans - 30 Year Fixed)
- Education First Federal Credit Union: 6.00% (30 Year Fixed Rate Mortgage)
The Woodlands, Texas Rates & Resources
