Mortgage Rates in Brighton, New York — March 2026
Updated March 2026 | Based on Brighton market data and regional lending conditions
Brighton is a growing city in New York with a population of 37,137. The current 30-year fixed mortgage rate in Brighton is 6.65%, which is at the national average. With a median home price of $430,000 and a 20% down payment of $86,000, homebuyers can expect a monthly principal and interest payment of approximately $2,208.
Current Mortgage Rates in Brighton, NY
Below are the current average mortgage rates available in the Brighton 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 | 6.65% | 6.65% | 0% |
| 15-Year Fixed | 5.91% | 5.89% | +0.02% |
| 5/1 ARM | 6.19% | 6.15% | +0.04% |
| FHA | 6.45% | 6.25% | +0.2% |
| VA | 6.2% | 6.05% | +0.15% |
| Jumbo | 6.9% | 6.85% | +0.05% |
Brighton Housing Market Overview
The Brighton housing market reflects moderate demand with prices near the national average. The median household income in Brighton is $69,100, and the cost of living index is 120.6 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $122,443 to comfortably afford the median-priced home in Brighton, which exceeds the current median household income.
Monthly Payment Breakdown for Brighton
Based on the median home price of $430,000 with 20% down ($86,000), here is what you can expect to pay monthly in Brighton:
15-Year vs. 30-Year Mortgage in Brighton
Choosing a 15-year mortgage in Brighton at 5.91% instead of a 30-year at 6.65% would save you $275,400 in total interest over the life of the loan. However, your monthly payment would be $2,886 instead of $2,208 — an increase of $678 per month.
Calculate Your Brighton 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 Brighton
What are the current mortgage rates in Brighton, NY?
As of March 2026, the average 30-year fixed mortgage rate in Brighton, New York is 6.65%, while the 15-year fixed rate is 5.91%. FHA loans average 6.45% and VA loans 6.2%. These rates are at the national average of 6.65%.
How much is a monthly mortgage payment in Brighton?
Based on the median home price of $430,000 with 20% down, the estimated monthly mortgage payment in Brighton is $2,208 for principal and interest. Including property taxes of $649/month, the total monthly housing cost is approximately $2,857.
What income do I need to buy a home in Brighton?
Using the 28% rule, you would need an annual income of approximately $122,443 to afford the median-priced home in Brighton at $430,000. The median household income in Brighton is $69,100. This means most households would need to either earn above the median or consider homes below $430,000.
Is Brighton a good place to buy a home in 2026?
Brighton has a higher cost of living than average with a cost of living index of 120.6 (national average = 100). The property tax rate in New York is 1.81%, which is above the national average. Brighton has a population of 37,137 and offers a balanced lifestyle.
Mortgage Rates in Other New York Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Brighton, New York area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.