Mortgage Rates in St. Augustine, Florida — March 2026
Updated March 2026 | Based on St. Augustine market data and regional lending conditions
St. Augustine is a growing city in Florida with a population of 15,415. The current 30-year fixed mortgage rate in St. Augustine is 6.69%, which is 0.04% 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 $1,965.
Current Mortgage Rates in St. Augustine, FL
Below are the current average mortgage rates available in the St. Augustine 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 | 6.69% | 6.65% | +0.04% |
| 15-Year Fixed | 5.94% | 5.89% | +0.05% |
| 5/1 ARM | 6.21% | 6.15% | +0.06% |
| FHA | 6.47% | 6.25% | +0.22% |
| VA | 6.22% | 6.05% | +0.17% |
| Jumbo | 6.94% | 6.85% | +0.09% |
St. Augustine Housing Market Overview
The St. Augustine housing market reflects moderate demand with prices near the national average. The median household income in St. Augustine is $56,200, and the cost of living index is 101.9 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $95,529 to comfortably afford the median-priced home in St. Augustine, which exceeds the current median household income.
Monthly Payment Breakdown for St. Augustine
Based on the median home price of $381,000 with 20% down ($76,200), here is what you can expect to pay monthly in St. Augustine:
15-Year vs. 30-Year Mortgage in St. Augustine
Choosing a 15-year mortgage in St. Augustine at 5.94% instead of a 30-year at 6.69% would save you $246,240 in total interest over the life of the loan. However, your monthly payment would be $2,562 instead of $1,965 — an increase of $597 per month.
Calculate Your St. Augustine Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in St. Augustine
What are the current mortgage rates in St. Augustine, FL?
As of March 2026, the average 30-year fixed mortgage rate in St. Augustine, Florida is 6.69%, while the 15-year fixed rate is 5.94%. FHA loans average 6.47% and VA loans 6.22%. These rates are 0.04% above the national average of 6.65%.
How much is a monthly mortgage payment in St. Augustine?
Based on the median home price of $381,000 with 20% down, the estimated monthly mortgage payment in St. Augustine is $1,965 for principal and interest. Including property taxes of $264/month, the total monthly housing cost is approximately $2,229.
What income do I need to buy a home in St. Augustine?
Using the 28% rule, you would need an annual income of approximately $95,529 to afford the median-priced home in St. Augustine at $381,000. The median household income in St. Augustine is $56,200. This means most households would need to either earn above the median or consider homes below $381,000.
Is St. Augustine a good place to buy a home in 2026?
St. Augustine has a moderate cost of living with a cost of living index of 101.9 (national average = 100). The property tax rate in Florida is 0.83%, which is near the national average. St. Augustine has a population of 15,415 and offers a balanced lifestyle.
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the St. Augustine, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.