Mortgage Rates in Cape St. Claire, Maryland — March 2026
Updated March 2026 | Based on Cape St. Claire market data and regional lending conditions
Cape St. Claire is a smaller Maryland community of 38,258 where the housing market reflects local economic conditions. The current 30-year fixed rate here is 6.79% (0.14% above the national average). The median home price of $410,000 translates to roughly $2,525/month with 20% down — requiring an income of about $108,214, which exceeds the local median of $90,000.
Current Mortgage Rates in Cape St. Claire, MD
Below are the current average mortgage rates available in the Cape St. Claire 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 | 6.79% | 6.65% | +0.14% |
| 15-Year Fixed | 6.03% | 5.89% | +0.14% |
| 5/1 ARM | 6.28% | 6.15% | +0.13% |
| FHA | 6.52% | 6.25% | +0.27% |
| VA | 6.27% | 6.05% | +0.22% |
| Jumbo | 7.04% | 6.85% | +0.19% |
Cape St. Claire Housing Market Overview
Housing in Cape St. Claire sits near the national average at $410,000. With a median household income of $90,000 and a cost of living index of 109, some buyers may need to look at lower price points or consider larger down payments.
Monthly Payment Breakdown for Cape St. Claire
Based on the median home price of $410,000 with 20% down ($82,000), here is what you can expect to pay monthly in Cape St. Claire:
15-Year vs. 30-Year Mortgage in Cape St. Claire
Choosing a 15-year mortgage in Cape St. Claire at 6.03% instead of a 30-year at 6.79% would save you $269,820 in total interest over the life of the loan. However, your monthly payment would be $2,773 instead of $2,136 — an increase of $637 per month.
Calculate Your Cape St. Claire 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 Cape St. Claire
What are the current mortgage rates in Cape St. Claire, MD?
As of March 2026, the average 30-year fixed mortgage rate in Cape St. Claire, Maryland is 6.79%, while the 15-year fixed rate is 6.03%. FHA loans average 6.52% and VA loans 6.27%. These rates are 0.14% above the national average of 6.65%.
How much is a monthly mortgage payment in Cape St. Claire?
Based on the median home price of $410,000 with 20% down, the estimated monthly mortgage payment in Cape St. Claire is $2,136 for principal and interest. Including property taxes of $389/month, the total monthly housing cost is approximately $2,525.
What income do I need to buy a home in Cape St. Claire?
Using the 28% rule, you would need an annual income of approximately $108,214 to afford the median-priced home in Cape St. Claire at $410,000. The median household income in Cape St. Claire is $90,000. This means most households would need to either earn above the median or consider homes below $410,000.
Is Cape St. Claire a good place to buy a home in 2026?
Cape St. Claire has a moderate cost of living with a cost of living index of 109 (national average = 100). The property tax rate in Maryland is 1.14%, which is near the national average. Cape St. Claire has a population of 38,258 and offers a balanced lifestyle.
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Cape St. Claire, Maryland area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.