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Lender Tables
The lenders whose rates and other terms appear on this chart are ICBs advertising partners they provide their rate information to our data partner RateUpdatecom Unless adjusted by the consumer advertisers are sorted by APR lowest to highest For any advertising partners that do not provide their rate they are listed in advertisement display units at the bottom of the chart Advertising partners may not pay to improve the frequency priority or prominence of their display The interest rates annual percentage rates and other terms advertised here are estimates provided by those advertising partners based on the information you entered above and do not bind any lender Monthly payment amounts stated do not include amounts for taxes and insurance premiums The actual payment obligation will be greater if taxes and insurance are included Although our data partner RateUpdatecom collects the information from the financial institutions themselves the accuracy of the data cannot be guaranteed Rates may change without notice and can change intraday Some of the information contained in the rate tables including but not limited to special marketing notes is provided directly by the lenders Please verify the rates and offers before applying for a loan with the financial institution themselves No rate is binding until locked by a lender
Compare Current Santa Cruz, California Mortgage Rates
Compare Santa Cruz, CA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Santa Cruz.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Santa Cruz. Plus, shopping lenders is free and there is no obligation.
Loan terms assume conforming mortgage amount on single family residence, 80% LTV ratio and minimum borrower credit score of 740. $150,000 minimum mortgage amount. Borrower is responsible for $1,055 lender fee. Loan terms are subject to change without notice.
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Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Read through our lender table disclaimer for more information on rates and product details.
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Compare Today's Santa Cruz, CA Mortgage Rates
July 25, 2025
Current mortgage rates in Santa Cruz, CA are % for a 30 year fixed rate loan, % for a 15 year fixed loan and % for a 5/1 adjustable rate mortgage (ARM)
Mortgage Program
Today's Santa Cruz, CA Rates
National Average
Comparison
30 Year Fixed Rate
%
6.670%
15 Year Fixed Rate
%
5.960%
5/1 Adjustable Rate Mortgage
%
6.250%
How Affordable is Housing in Santa Cruz, California?
Below we provide helpful information on the real estate market, home prices and housing affordability in Santa Cruz. Understand how much you need to earn to afford a home in Santa Cruz, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Santa Cruz fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Santa Cruz is right for you.
The median home value for Santa Cruz, CA is $983,172
Based on current mortgage rates and a 10% down payment, you need to make $205,105 per year to buy the median priced home in Santa Cruz
With this income, you could qualify for a $884,855 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Santa Cruz is $4,750
The median household income for Santa Cruz, CA is $95,304
Based on this income, you can afford a home valued at approximately $456,841
The home price you can afford to buy based on household income in Santa Cruz is 46% of the median home value which means housing prices are very expensive.
Santa Cruz ranks 55 out of 58 counties in California and 3,131 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Santa Cruz, CA is very expensive
Loan Limits for Santa Cruz, California
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Santa Cruz below.
Conforming loan limits for Santa Cruz, CA
1 unit:$1,089,300
2 units:$1,394,775
3 units:$1,685,850
4 units:$2,095,200
FHA loan limits for Santa Cruz, CA
1 unit:$1,089,300
2 units:$1,394,775
3 units:$1,685,850
4 units:$2,095,200
VA loan limits for Santa Cruz, CA
1 unit:$1,089,300
Additional Mortgage Resources for Santa Cruz, CA Residents