Check Latest Mortgage Rates for Charleston in July 2026
Charleston is a significant urban market in South Carolina, the United States, with a median home price of approximately $440,000. Below you'll find the latest estimated mortgage rates for Charleston, updated daily to reflect current lending conditions. Use these rates alongside our free calculators to estimate your monthly payment, compare loan types, and plan your home purchase or refinance with confidence.
Charleston Mortgage Rates
Estimated rates as of 2026-07-14
| Product | Rate | APR | Points | Monthly / $100K |
|---|---|---|---|---|
| 30-Year Fixed | 7.01% | 7.13% | 0.7 | $666 |
| 15-Year Fixed | 6.26% | 6.36% | 0.5 | $858 |
| 5/1 ARM | 6.51% | 6.66% | 0.4 | $633 |
| FHA 30-Year | 6.71% | 6.89% | 0.3 | $646 |
| VA 30-Year | 6.41% | 6.49% | 0.0 | $626 |
| Jumbo 30-Year | 7.21% | 7.31% | 0.8 | $679 |
Rates shown are estimated averages based on current market conditions and may vary by lender, credit score, loan amount, and property type. Contact a licensed mortgage professional for personalized rate quotes.
Charleston Mortgage Market Overview
The Charleston housing market in South Carolina represents a well-established lending market in the United States. With a median home price of $440,000, buyers in Charleston have access to a range of mortgage products from both national and local lenders.
For conventional financing in Charleston, the 2024 baseline conforming loan limit is generally set around $766,550. Given the local median property value of $440,000, most buyers will remain well within conforming bounds, avoiding the stricter requirements of jumbo loans (above $766K). Additionally, buyers seeking government-backed FHA financing will find local limits capped near $498,257, offering robust purchasing power for first-time buyers navigating the South Carolina market.
Charleston's housing landscape offers a balance of urban amenities and accessible lending capital, with multiple high-street banks, credit unions, and digital lenders actively serving the zip codes. Buyers typically find a healthy, diversified mix of fixed-rate and variable loan options at highly competitive rates.
When locking in mortgage rates in Charleston, remember that your finalized Annual Percentage Rate (APR) depends on several variables: your FICO or credit score, down payment size (LTV ratio), debt-to-income (DTI) ratio, and the specific property type. The rates tracked on this page reflect aggregate market-wide averages and provide a highly accurate benchmark for your negotiations.
For the most granular projection of your true housing costs in Charleston, South Carolina, we recommend coupling these daily rates with our comprehensive mortgage calculators. This strategy ensures you understand not just the interest environment, but your precise amortization schedule and monthly cash flow obligations.
Frequently Asked Questions About Mortgages in Charleston
Mortgage rates in Charleston, South Carolina are updated daily on this page. As of today, rates vary by loan type — for example, fixed-rate mortgages and adjustable-rate products will have different rates. Scroll up to our rate table for the most current figures. Remember that individual lender quotes may differ based on your credit profile and loan amount.
With a median home price of $440,000 in Charleston, a conventional 20% down payment would be approximately $88,000. However, many loan programs require less — FHA loans allow as little as 3.5% down ($15,400), and VA loans often require zero down payment for eligible veterans.
The median home price in Charleston is approximately $440,000. This figure includes single-family homes, condos, and townhomes across the Charleston metropolitan area. Prices can vary significantly by neighborhood — use our Mortgage Affordability Calculator to determine how much home you can comfortably afford based on your specific income and expenses.
Deep Dive: Charleston Real Estate
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Use current Charleston rates with our free mortgage calculator to see your exact monthly payment, interest costs, and amortization schedule.