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Mortgage Calculator &
Closing Costs: Fayetteville, NC

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Fayetteville, North Carolina.

Median Home Price
$215K
Population
209K
Avg Monthly Rent
$1,080
Property Tax Rate
0.78%
Fayetteville vs North Carolina Median
The median home price in Fayetteville is $215,000, which is 37% below the North Carolina state median of $340,000.

Mortgage Calculator — Fayetteville, NC

Pre-filled with Fayetteville median home price and North Carolina tax/insurance rates. Adjust for your property.

$
$43,000
%
%
years
NC avg
%
$
Monthly Payment (PITI)
$1,419
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,087
per month
Taxes & Insurance
$332
per month
Total Interest Paid
$219K
over 30 years
Total Loan Cost
$391K
all payments
Payment Breakdown
Loan Amount$172,000
Principal & Interest$1,087
Property Taxes$140
Homeowners Insurance$192
Total Monthly PITI$1,419

Closing Costs — Fayetteville, NC

Estimated closing costs based on North Carolina rates and fees applied to Fayetteville prices.

$
%
North Carolina: Avg closing costs 1.4% of price. Transfer tax: 0.2%.
Estimated Closing Costs
$8,967
4.2% of purchase price
Lender Fees
$1,973
origination, underwriting
Third-Party
$2,525
appraisal, title, inspection
Government Fees
$430
transfer taxes, recording
Prepaids + Escrow
$4,039
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,548
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,375
Recording Fee$150
Transfer Tax$430
Prepaid Taxes (3 mo)$419
Prepaid Insurance (12 mo)$2,300
Prepaid Interest (15 days)$517
Escrow Reserves$803
Total Closing Costs$8,967

Buying a Home in Fayetteville, North Carolina

The median home price in Fayetteville is $215,000, 37% below the North Carolina state median of $340,000. With a population of 208,501, Fayetteville is a mid-size city where home prices tend to be more accessible than in many parts of North Carolina.

Property taxes in North Carolina average 0.78% annually. This moderate property tax rate means a $215,000 home in Fayetteville would carry roughly $140/month in property taxes. Homeowners insurance in North Carolina runs approximately $2,300 per year. This is within the normal range nationally.

Average rent in Fayetteville is $1,080/month. The price-to-rent ratio in Fayetteville is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Fayetteville offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with North Carolina's NC Home Advantage Mortgage program.

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