Compare mortgage rates and fees for leading lenders in New Port Richey, FL. 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 lender offering the best 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.
December 12, 2019
The current average rate for a 30 year fixed rate mortgage in New Port Richey is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%
The median home value for New Port Richey, FL (Pasco County) is $178,942
The median household income for New Port Richey, FL (Pasco County) is $49,765
Based on current mortgage rates and a 10% down payment, you need to make $33,199 per year to buy the median priced home in New Port Richey
The home price you can afford to buy based on household income in New Port Richey is 150% of the median home value which means housing prices are average
New Port Richey (Pasco County) ranks 35 out of 67 counties in Florida and 2,541 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
US Census Bureau American Community Survey: https://www.census.gov/programs-surveys/acs
FHFA House Price Index: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qat
Income Growth: https://www.bls.gov
National Average Rates: http://www.freddiemac.com/pmms/
Conforming Loan Limits: https://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx
FHA Loan Limits: https://entp.hud.gov/idapp/html/hicostlook.cfm
VA Loan Limits: https://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp
FREEandCLEAR Housing Affordability Index