Mortgage Rates in Belle Glade, Florida — March 2026
Updated March 2026 | Based on Belle Glade market data and regional lending conditions
Belle Glade is a growing city in Florida with a population of 20,332. The current 30-year fixed mortgage rate in Belle Glade is 6.7%, which is 0.05% above the national average. With a median home price of $385,000 and a 20% down payment of $77,000, homebuyers can expect a monthly principal and interest payment of approximately $1,987.
Current Mortgage Rates in Belle Glade, FL
Below are the current average mortgage rates available in the Belle Glade 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 | 6.7% | 6.65% | +0.05% |
| 15-Year Fixed | 5.95% | 5.89% | +0.06% |
| 5/1 ARM | 6.22% | 6.15% | +0.07% |
| FHA | 6.48% | 6.25% | +0.23% |
| VA | 6.23% | 6.05% | +0.18% |
| Jumbo | 6.95% | 6.85% | +0.1% |
Belle Glade Housing Market Overview
The Belle Glade housing market reflects moderate demand with prices near the national average. The median household income in Belle Glade is $61,400, and the cost of living index is 98 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $97,671 to comfortably afford the median-priced home in Belle Glade, which exceeds the current median household income.
Monthly Payment Breakdown for Belle Glade
Based on the median home price of $385,000 with 20% down ($77,000), here is what you can expect to pay monthly in Belle Glade:
15-Year vs. 30-Year Mortgage in Belle Glade
Choosing a 15-year mortgage in Belle Glade at 5.95% instead of a 30-year at 6.7% would save you $248,940 in total interest over the life of the loan. However, your monthly payment would be $2,591 instead of $1,987 — an increase of $604 per month.
Calculate Your Belle Glade Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Belle Glade
What are the current mortgage rates in Belle Glade, FL?
As of March 2026, the average 30-year fixed mortgage rate in Belle Glade, Florida is 6.7%, while the 15-year fixed rate is 5.95%. FHA loans average 6.48% and VA loans 6.23%. These rates are 0.05% above the national average of 6.65%.
How much is a monthly mortgage payment in Belle Glade?
Based on the median home price of $385,000 with 20% down, the estimated monthly mortgage payment in Belle Glade is $1,987 for principal and interest. Including property taxes of $292/month, the total monthly housing cost is approximately $2,279.
What income do I need to buy a home in Belle Glade?
Using the 28% rule, you would need an annual income of approximately $97,671 to afford the median-priced home in Belle Glade at $385,000. The median household income in Belle Glade is $61,400. This means most households would need to either earn above the median or consider homes below $385,000.
Is Belle Glade a good place to buy a home in 2026?
Belle Glade offers a below-average cost of living with a cost of living index of 98 (national average = 100). The property tax rate in Florida is 0.91%, which is near the national average. Belle Glade has a population of 20,332 and offers a balanced lifestyle.
Mortgage Rates in Other Florida Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Belle Glade, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.