Mortgage Rates in New Port Richey, Florida — March 2026
Updated March 2026 | Based on New Port Richey market data and regional lending conditions
New Port Richey is a growing city in Florida with a population of 16,728. The current 30-year fixed mortgage rate in New Port Richey is 6.73%, which is 0.08% above the national average. With a median home price of $341,000 and a 20% down payment of $68,200, homebuyers can expect a monthly principal and interest payment of approximately $1,766.
Current Mortgage Rates in New Port Richey, FL
Below are the current average mortgage rates available in the New Port Richey 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 | 6.73% | 6.65% | +0.08% |
| 15-Year Fixed | 5.97% | 5.89% | +0.08% |
| 5/1 ARM | 6.24% | 6.15% | +0.09% |
| FHA | 6.49% | 6.25% | +0.24% |
| VA | 6.24% | 6.05% | +0.19% |
| Jumbo | 6.98% | 6.85% | +0.13% |
New Port Richey Housing Market Overview
The New Port Richey housing market reflects moderate demand with prices near the national average. The median household income in New Port Richey is $54,700, and the cost of living index is 99.2 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $86,786 to comfortably afford the median-priced home in New Port Richey, which exceeds the current median household income.
Monthly Payment Breakdown for New Port Richey
Based on the median home price of $341,000 with 20% down ($68,200), here is what you can expect to pay monthly in New Port Richey:
15-Year vs. 30-Year Mortgage in New Port Richey
Choosing a 15-year mortgage in New Port Richey at 5.97% instead of a 30-year at 6.73% would save you $222,120 in total interest over the life of the loan. However, your monthly payment would be $2,298 instead of $1,766 — an increase of $532 per month.
Calculate Your New Port Richey 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 New Port Richey
What are the current mortgage rates in New Port Richey, FL?
As of March 2026, the average 30-year fixed mortgage rate in New Port Richey, Florida is 6.73%, while the 15-year fixed rate is 5.97%. FHA loans average 6.49% and VA loans 6.24%. These rates are 0.08% above the national average of 6.65%.
How much is a monthly mortgage payment in New Port Richey?
Based on the median home price of $341,000 with 20% down, the estimated monthly mortgage payment in New Port Richey is $1,766 for principal and interest. Including property taxes of $259/month, the total monthly housing cost is approximately $2,025.
What income do I need to buy a home in New Port Richey?
Using the 28% rule, you would need an annual income of approximately $86,786 to afford the median-priced home in New Port Richey at $341,000. The median household income in New Port Richey is $54,700. This means most households would need to either earn above the median or consider homes below $341,000.
Is New Port Richey a good place to buy a home in 2026?
New Port Richey offers a below-average cost of living with a cost of living index of 99.2 (national average = 100). The property tax rate in Florida is 0.91%, which is near the national average. New Port Richey has a population of 16,728 and offers a balanced lifestyle.
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the New Port Richey, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.