Mortgage Rates in Bath, Maine — March 2026
Updated March 2026 | Based on Bath market data and regional lending conditions
Bath is a growing city in Maine with a population of 8,766. The current 30-year fixed mortgage rate in Bath is 6.61%, which is 0.04% below the national average. With a median home price of $241,000 and a 20% down payment of $48,200, homebuyers can expect a monthly principal and interest payment of approximately $1,233.
Current Mortgage Rates in Bath, ME
Below are the current average mortgage rates available in the Bath area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.61% | 6.65% | -0.04% |
| 15-Year Fixed | 5.88% | 5.89% | -0.01% |
| 5/1 ARM | 6.16% | 6.15% | +0.01% |
| FHA | 6.43% | 6.25% | +0.18% |
| VA | 6.18% | 6.05% | +0.13% |
| Jumbo | 6.86% | 6.85% | +0.01% |
Bath Housing Market Overview
The Bath housing market offers relatively affordable housing compared to many major cities. The median household income in Bath is $54,900, and the cost of living index is 101.8 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $64,629 to comfortably afford the median-priced home in Bath, which exceeds the current median household income.
Monthly Payment Breakdown for Bath
Based on the median home price of $241,000 with 20% down ($48,200), here is what you can expect to pay monthly in Bath:
15-Year vs. 30-Year Mortgage in Bath
Choosing a 15-year mortgage in Bath at 5.88% instead of a 30-year at 6.61% would save you $153,360 in total interest over the life of the loan. However, your monthly payment would be $1,614 instead of $1,233 — an increase of $381 per month.
Calculate Your Bath Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Bath
What are the current mortgage rates in Bath, ME?
As of March 2026, the average 30-year fixed mortgage rate in Bath, Maine is 6.61%, while the 15-year fixed rate is 5.88%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.04% below the national average of 6.65%.
How much is a monthly mortgage payment in Bath?
Based on the median home price of $241,000 with 20% down, the estimated monthly mortgage payment in Bath is $1,233 for principal and interest. Including property taxes of $275/month, the total monthly housing cost is approximately $1,508.
What income do I need to buy a home in Bath?
Using the 28% rule, you would need an annual income of approximately $64,629 to afford the median-priced home in Bath at $241,000. The median household income in Bath is $54,900. This means most households would need to either earn above the median or consider homes below $241,000.
Is Bath a good place to buy a home in 2026?
Bath has a moderate cost of living with a cost of living index of 101.8 (national average = 100). The property tax rate in Maine is 1.37%, which is near the national average. Bath has a population of 8,766 and offers a balanced lifestyle.
Mortgage Rates in Other Maine Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Bath, Maine area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.