38063, Ripley, TN

The 38063 zip code of Ripley, TN has a population of approximately 2,000 people. The median household income in this zip code is $50,000. The median home value in this zip code is $130,000.

The average interest rate on a 30-year fixed-rate mortgage in the 38063 zip code is 4.5%. The average interest rate on a 15-year fixed-rate mortgage in the 38063 zip code is 3%. The average interest rate on a 5/1 ARM loan in the 38063 zip code is 4.5%.

According to Zillow, the estimated monthly payment for a 30-year fixed-rate mortgage in the 38063 zip code with an interest rate of 4.5% and a down payment of 20% would be $1,069.76 per month. According to Zillow, the estimated monthly payment for a 15-year fixed-rate mortgage in the 38063 zip code with an interest rate of 3% and a down payment of 20% would be $898.92 per month. According to Zillow, the estimated monthly payment for a 5/1 ARM loan with an interest rate of 4.5% and a down payment of 20% would be $1,499 per month