Compare New Port Richey, 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 New Port Richey.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in New Port Richey. Plus, shopping lenders is free and there is no obligation.
November 29, 2023
Below we provide helpful information on the real estate market, home prices and housing affordability in New Port Richey. Understand how much you need to earn to afford a home in New Port Richey, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in New Port Richey 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 New Port Richey is right for you.
The median home value for New Port Richey, FL (Pasco County) is $281,299
Based on current mortgage rates and a 10% down payment, you need to make $58,684 per year to buy the median priced home in New Port Richey
With this income, you could qualify for a $253,169 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 New Port Richey is $1,359
The median household income for New Port Richey, FL (Pasco County) is $60,338
Based on this income, you can afford a home valued at approximately $289,231
The home price you can afford to buy based on household income in New Port Richey is 103% of the median home value which means housing prices are average. New Port Richey (Pasco County) ranks 36 out of 67 counties in Florida and 2,777 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in New Port Richey, FL is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for New Port Richey (Pasco County) below.
Conforming loan limits for New Port Richey, FL
FHA loan limits for New Port Richey, FL
VA loan limits for New Port Richey, FL
Learn what price home you can afford to buy in New Port Richey