Mortgage Rates in Somersworth, New Hampshire — March 2026
Updated March 2026 | Based on Somersworth market data and regional lending conditions
Somersworth is a growing city in New Hampshire with a population of 11,766. The current 30-year fixed mortgage rate in Somersworth is 6.67%, which is 0.02% above the national average. With a median home price of $381,000 and a 20% down payment of $76,200, homebuyers can expect a monthly principal and interest payment of approximately $1,961.
Current Mortgage Rates in Somersworth, NH
Below are the current average mortgage rates available in the Somersworth 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 | 6.67% | 6.65% | +0.02% |
| 15-Year Fixed | 5.93% | 5.89% | +0.04% |
| 5/1 ARM | 6.2% | 6.15% | +0.05% |
| FHA | 6.46% | 6.25% | +0.21% |
| VA | 6.21% | 6.05% | +0.16% |
| Jumbo | 6.92% | 6.85% | +0.07% |
Somersworth Housing Market Overview
The Somersworth housing market reflects moderate demand with prices near the national average. The median household income in Somersworth is $77,700, and the cost of living index is 113 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $114,643 to comfortably afford the median-priced home in Somersworth, which exceeds the current median household income.
Monthly Payment Breakdown for Somersworth
Based on the median home price of $381,000 with 20% down ($76,200), here is what you can expect to pay monthly in Somersworth:
15-Year vs. 30-Year Mortgage in Somersworth
Choosing a 15-year mortgage in Somersworth at 5.93% instead of a 30-year at 6.67% would save you $244,980 in total interest over the life of the loan. However, your monthly payment would be $2,561 instead of $1,961 — an increase of $600 per month.
Calculate Your Somersworth 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 Somersworth
What are the current mortgage rates in Somersworth, NH?
As of March 2026, the average 30-year fixed mortgage rate in Somersworth, New Hampshire is 6.67%, while the 15-year fixed rate is 5.93%. FHA loans average 6.46% and VA loans 6.21%. These rates are 0.02% above the national average of 6.65%.
How much is a monthly mortgage payment in Somersworth?
Based on the median home price of $381,000 with 20% down, the estimated monthly mortgage payment in Somersworth is $1,961 for principal and interest. Including property taxes of $714/month, the total monthly housing cost is approximately $2,675.
What income do I need to buy a home in Somersworth?
Using the 28% rule, you would need an annual income of approximately $114,643 to afford the median-priced home in Somersworth at $381,000. The median household income in Somersworth is $77,700. This means most households would need to either earn above the median or consider homes below $381,000.
Is Somersworth a good place to buy a home in 2026?
Somersworth has a moderate cost of living with a cost of living index of 113 (national average = 100). The property tax rate in New Hampshire is 2.25%, which is above the national average. Somersworth has a population of 11,766 and offers a balanced lifestyle.
Mortgage Rates in Other New Hampshire Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Somersworth, New Hampshire area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.