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Mortgage Calculator &
Closing Costs: Lumberton, NC

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

Median Home Price
$155K
Population
20K
Avg Monthly Rent
$820
Property Tax Rate
0.78%
Lumberton vs North Carolina Median
The median home price in Lumberton is $155,000, which is 54% below the North Carolina state median of $340,000.

Mortgage Calculator — Lumberton, NC

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

$
$31,000
%
%
years
NC avg
%
$
Monthly Payment (PITI)
$1,077
Principal + Interest + Tax + Insurance + PMI
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Principal & Interest
$784
per month
Taxes & Insurance
$293
per month
Total Interest Paid
$158K
over 30 years
Total Loan Cost
$282K
all payments
Payment Breakdown
Loan Amount$124,000
Principal & Interest$784
Property Taxes$101
Homeowners Insurance$192
Total Monthly PITI$1,077

Closing Costs — Lumberton, NC

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

$
%
North Carolina: Avg closing costs 1.4% of price. Transfer tax: 0.2%.
Estimated Closing Costs
$7,736
5.0% of purchase price
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Lender Fees
$1,541
origination, underwriting
Third-Party
$2,225
appraisal, title, inspection
Government Fees
$310
transfer taxes, recording
Prepaids + Escrow
$3,660
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,116
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,075
Recording Fee$150
Transfer Tax$310
Prepaid Taxes (3 mo)$302
Prepaid Insurance (12 mo)$2,300
Prepaid Interest (15 days)$373
Escrow Reserves$686
Total Closing Costs$7,736

Buying a Home in Lumberton, North Carolina

The median home price in Lumberton is $155,000, 54% below the North Carolina state median of $340,000. With a population of 20,413, Lumberton is a smaller market 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 $155,000 home in Lumberton would carry roughly $101/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 Lumberton is $820/month. The price-to-rent ratio in Lumberton is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Lumberton 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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