Mortgage Refinance Rates in Ellis County, Kansas (2026)
From Ellis County, Ellis County owners refinancing a ~$142,000 balance can save close to $119/month by trading a 7.50% rate for an example 6.25%.
Refinance savings in Ellis County
Here is how a rate-and-term refinance changes the monthly payment on a representative Ellis County balance:
| Monthly Principal & Interest | Amount |
|---|---|
| Current loan at ~7.50% | $993 |
| After refinancing at ~6.25% | $874 |
| Estimated monthly savings | $119 |
Illustrative only; the rate you are quoted near Ellis County depends on your credit, equity, and the day you lock. Get alerts when rates drop.
Three Ellis County-area balances compared
How monthly savings scale with balance near Ellis County:
| Balance | Now (~7.50%) | Refi (~6.25%) | Monthly Saved |
|---|---|---|---|
| $99,000 | $692 | $610 | $83 |
| $142,000 | $993 | $874 | $119 |
| $192,000 | $1,342 | $1,182 | $160 |
What each rate costs near Ellis County
How the Ellis County payment on $142,000 changes with the rate you lock:
| Rate | 30-yr P&I | 15-yr P&I |
|---|---|---|
| 5.50% | $806 | $1,160 |
| 5.75% | $829 | $1,179 |
| 6.00% | $851 | $1,198 |
| 6.25% | $874 | $1,218 |
| 6.50% | $898 | $1,237 |
| 6.75% | $921 | $1,257 |
| 7.00% | $945 | $1,276 |
A 15-year refinance of $142,000 near Ellis County runs about $1,218/month versus $874 on a 30-year — a higher payment near Ellis County but far less total interest over the life of the Ellis County loan.
Cash-out refinance in Ellis County
With values near $209,000, an 80% cash-out leaves about $25,200 available in Ellis County after paying off the current $142,000 balance.
| Cash-Out Figure | Amount |
|---|---|
| Estimated home value | $209,000 |
| Typical current balance | $142,000 |
| 80% LTV ceiling (new loan) | $167,200 |
| Estimated cash available | $25,200 |
In Ellis County, Kansas, property taxes average roughly 1.41% of value, so escrow on a $209,000 home adds about $246/month beyond principal and interest. A $142,000 balance sits near 68% loan-to-value, leaving about $67,000 in equity — room for a rate-and-term refinance now and a cash-out later around Ellis County.
When a Ellis County refinance becomes jumbo
The 2026 conforming ceiling in Ellis County is $806,500, the standard baseline. Above it, expect jumbo pricing and tighter underwriting.
- Ellis County value about $209,000 with a $142,000 balance (~68% LTV).
- Monthly savings near $119; break-even around month 30 on $3,550 of costs.
- Five-year net of about $3,564 and cash-out room near $25,200.
- Conforming limit $806,500; current equity roughly $67,000 near Ellis County.
Be First to Know When Rates Fall
Join the free Refi Rate Guide alert list — we watch rates, cash-out rules, and new programs so you do not have to.
Frequently Asked Questions
- How much can I save refinancing in Ellis County in 2026?
- On a typical $142,000 balance, moving from about 7.50% to 6.25% saves roughly $119/month in principal and interest. Your savings depend on your current rate, balance, and term.
- How much cash can I take out of my Ellis County-area home?
- Conventional cash-out refinances are capped at 80% of appraised value. On an estimated $209,000 Ellis County home with a $142,000 balance, that is about $25,200 in available cash.
- What is the conforming loan limit in Ellis County for 2026?
- The 2026 conforming limit is $806,500 for a one-unit home (the national baseline). Refinances above that are jumbo loans.
- When does a refinance pay off in Ellis County?
- Divide your closing costs (about $3,550 here) by your monthly savings. In this example you break even near month 30 — refinance only if you will keep the home past that.
- How much equity is in a typical Ellis County-area home?
- On an estimated $209,000 value with a $142,000 balance, that is about $67,000 in equity — roughly 32%. A conventional cash-out requires you to keep 20%.
- Is now a good time to refinance in Ellis County?
- A common rule of thumb: refinance when you can cut your rate by about 0.75 to 1% and stay past your break-even (near month 30 here). On a $142,000 Ellis County balance, that move is worth roughly $119 a month.