Compare Navarre, FL 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 Navarre.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Navarre. Plus, shopping lenders is free and there is no obligation.
June 25, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Navarre. Understand how much you need to earn to afford a home in Navarre, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Navarre 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 Navarre is right for you.
The median home value for Navarre, FL (Santa Rosa County) is $440,987
Based on current mortgage rates and a 10% down payment, you need to make $72,254 per year to buy the median priced home in Navarre
With this income, you could qualify for a $396,889 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 Navarre is $1,673
The median household income for Navarre, FL (Santa Rosa County) is $97,663
Based on this income, you can afford a home valued at approximately $596,068
The home price you can afford to buy based on household income in Navarre is 135% of the median home value which means housing prices are average. Navarre (Santa Rosa County) ranks 41 out of 67 counties in Florida and 2,756 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Navarre, FL is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Navarre (Santa Rosa County) below.
Conforming loan limits for Navarre, FL
FHA loan limits for Navarre, FL
VA loan limits for Navarre, FL