Mortgage Rates in Raymond, New Hampshire — March 2026
Updated March 2026 | Based on Raymond market data and regional lending conditions
Raymond is a growing city in New Hampshire with a population of 10,138. The current 30-year fixed mortgage rate in Raymond is 6.62%, which is 0.03% below the national average. With a median home price of $331,000 and a 20% down payment of $66,200, homebuyers can expect a monthly principal and interest payment of approximately $1,695.
Current Mortgage Rates in Raymond, NH
Below are the current average mortgage rates available in the Raymond 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 | 6.62% | 6.65% | -0.03% |
| 15-Year Fixed | 5.88% | 5.89% | -0.01% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.43% | 6.25% | +0.18% |
| VA | 6.18% | 6.05% | +0.13% |
| Jumbo | 6.87% | 6.85% | +0.02% |
Raymond Housing Market Overview
The Raymond housing market reflects moderate demand with prices near the national average. The median household income in Raymond is $76,400, and the cost of living index is 116.6 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $97,929 to comfortably afford the median-priced home in Raymond, which exceeds the current median household income.
Monthly Payment Breakdown for Raymond
Based on the median home price of $331,000 with 20% down ($66,200), here is what you can expect to pay monthly in Raymond:
15-Year vs. 30-Year Mortgage in Raymond
Choosing a 15-year mortgage in Raymond at 5.88% instead of a 30-year at 6.62% would save you $211,140 in total interest over the life of the loan. However, your monthly payment would be $2,217 instead of $1,695 — an increase of $522 per month.
Calculate Your Raymond 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 Raymond
What are the current mortgage rates in Raymond, NH?
As of March 2026, the average 30-year fixed mortgage rate in Raymond, New Hampshire is 6.62%, while the 15-year fixed rate is 5.88%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.03% below the national average of 6.65%.
How much is a monthly mortgage payment in Raymond?
Based on the median home price of $331,000 with 20% down, the estimated monthly mortgage payment in Raymond is $1,695 for principal and interest. Including property taxes of $590/month, the total monthly housing cost is approximately $2,285.
What income do I need to buy a home in Raymond?
Using the 28% rule, you would need an annual income of approximately $97,929 to afford the median-priced home in Raymond at $331,000. The median household income in Raymond is $76,400. This means most households would need to either earn above the median or consider homes below $331,000.
Is Raymond a good place to buy a home in 2026?
Raymond has a moderate cost of living with a cost of living index of 116.6 (national average = 100). The property tax rate in New Hampshire is 2.14%, which is above the national average. Raymond has a population of 10,138 and offers a balanced lifestyle.
Mortgage Rates in Other New Hampshire Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Raymond, New Hampshire area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.