Today’s Mortgage Rates in Kansas: The Local Difference
Finding the best mortgage rates in Kansas requires looking past national averages and focusing on the factors unique to the Sunflower State—from specific housing markets like Wichita and Topeka to state-level property tax rules.
While we serve the entire state, the majority of home sales and financial activity is centered in the Kansas City Metro area. For the most detailed, up-to-the-minute local data, you can view our main Current Mortgage Rates Kansas City MO page.
Click here for our Kansas City Mortgage Rates page | Have Questions? ☎️ Give us a Call or 📅 Schedule a Call Back
Current Kansas Mortgage Rates
The following rates reflect today’s averages for borrowers in the Kansas metro area, assuming a strong credit profile (FICO 740+) and a 20% down payment. Rates are updated daily via our internal data feed.
Conventional fixed-rate mortgage
Below is a conforming fixed-rate estimated monthly payment and APR example.
| TERM | Example Payment* | |||
|---|---|---|---|---|
| 30-Year Fixed | 360 payments of $1,797 at 5.990% | |||
| 20-Year Fixed | 240 payments of $2,085 at 5.625% | |||
| 15-Year Fixed | 180 payments of $2,431 at 5.375% | |||
| 7 Yr ARM | Initial: $1,775 (adjusts after 7 years) | |||
| 5 Yr ARM | Initial: $1,751 (adjusts after 5 years) | |||
Minimum credit score is 620. Learn more about Conventional loans.
FHA mortgages
Below is an FHA estimated monthly payment and APR example.
| TERM | Example Payment* | |||
|---|---|---|---|---|
| 30-year fixed | 360 payments of $1,752 at 5.750% | |||
| 15-year fixed | 180 payments of $2,410 at 5.250% |
Minimum credit score is 640. Learn more about FHA Loans.
VA mortgages
Below is a VA estimated monthly payment and APR example.
| TERM | Example Payment* | |||
|---|---|---|---|---|
| 30-year fixed | 360 payments of $1,703 at 5.500% | |||
| 20-year fixed | 240 payments of $2,064 at 5.500% |
Minimum credit score is 640. Learn more about VA Loans.
USDA mortgages
Below is a USDA estimated monthly payment and APR example.
| TERM | Example Payment* | |||
|---|---|---|---|---|
| 30-year fixed | 360 payments of $1,774 at 5.875% |
Minimum credit score is 640. Learn more about USDA Loans.
Jumbo mortgages
Below is a jumbo estimated monthly payment and APR example.
| TERM | Example Payment* | |||
|---|---|---|---|---|
| 30-Year Jumbo | 360 payments of $6,157 at 6.250% (for $1,000,000 loan) | |||
| 15-Year Jumbo | 180 payments of $8,171 at 5.500% (for $1,000,000 loan) | |||
| 7 Yr ARM | Initial: $6,157 (adjusts after 7 years) | |||
| 5 Yr ARM | Initial: $6,076 (adjusts after 5 years) |
Minimum credit score is 680. Learn more about Jumbo Loans. View the official Kansas Conforming Loan Limits by County.
Ready to see your exact rate? Get a personalized, assumption-free rate quote in minutes by clicking the button below.
📅 Planning Your 2026 Home Purchase?
Timing the market is critical for first-time buyers and repeat movers alike. Before you lock in your rate, explore our expert analysis on the 2026 Mortgage Rate Forecast to see how inventory and inflation are expected to shift the spring buying season.
The Impact of Kansas Property Tax on Your Monthly Payment
The most significant state-level factor affecting your overall mortgage affordability is the Kansas property tax system. Unlike in many other states, Kansas law mandates a specific assessment ratio for residential property, which directly dictates the amount held in escrow and your final monthly payment.
Residential properties in Kansas are assessed at 11.5% of their appraised market value. This figure, combined with the local mill levy (which varies by county and city), determines your final tax burden. Understanding this calculation is crucial for accurate budgeting.
For example, a home appraised at $350,000 will be assessed at $40,250 ($350,000 x 11.5%) before the mill levy is applied.
Geographic Focus: Market Contrast Across Kansas
While the Federal Reserve influences the cost of money, local market dynamics, supply, and demand dictate the competition among lenders and available loan products. Kansas is home to three distinct major markets, each with its own mortgage dynamics:
- Johnson County Mortgage Rates: This market, encompassing areas like Overland Park and Olathe, is characterized by high demand, high average transaction values, and a strong job market (tech, finance). Lenders here compete aggressively, often resulting in the tightest conventional rates.
- Wichita Mortgage Rates: Wichita (Sedgwick County) remains the state’s largest independent metro area, with a housing market uniquely driven by the aerospace and manufacturing sectors. Because Wichita maintains a highly affordable median home price (approx. $250,000 as of December 2025) compared to the KC suburbs, the mix of loan products often shifts toward FHA and VA options. For a deeper look at the 2026 conforming loan limits ($832,750) and neighborhood-specific trends, visit our Wichita mortgage rates page.
- Topeka Mortgage Rates: As the state capital, Topeka (Shawnee County) offers a stable, government-driven economy. Its more localized market often features affordable entry-level homes and strong opportunities for both conventional and government loan products.
Understanding these regional variations is key to locking in the best rate for your specific location in Kansas.
Looking across the state line?
We provide local expertise for the entire Kansas City metro and across the Show-Me State. Compare options in St. Louis, Columbia, and Kansas City, MO by viewing our current Missouri mortgage rates hub.
Navigating Loan Limits and USDA Eligibility
Jumbo Loans for Kansas Home Buyers
Jumbo loans are necessary when a borrower needs financing that exceeds the Conventional Conforming Loan Limit set by the Federal Housing Finance Agency (FHFA). These higher limits allow us to serve clients purchasing high-value properties across the state, especially in affluent areas of the Kansas City metro like Johnson County.
To determine if your loan is considered Jumbo, you first need to know the official cap for your county.
➡️ View the official Kansas Conforming Loan Limits by County
We are experts in structuring competitive Jumbo mortgage solutions in Kansas with flexible terms and aggressive rates tailored to higher credit borrowers.
USDA Loans in Rural Kansas
The USDA Rural Development loan program is a 0% down payment option that is extremely valuable across large portions of Kansas. Many areas outside the dense metro centers of Kansas City and Wichita are eligible. We specialize in identifying eligible properties and securing competitive rates for borrowers purchasing in these rural communities.
Compliance and Licensing
Working with a trusted, local lender is essential.
Metropolitan Mortgage is licensed by the State of Kansas and the NMLS (National Multistate Licensing System & Registry) to operate throughout the state.