Mortgage Rates in Boynton Beach, Florida — March 2026
Updated March 2026 | Based on Boynton Beach market data and regional lending conditions
Boynton Beach is a growing city in Florida with a population of 80,380. The current 30-year fixed mortgage rate in Boynton Beach is 6.84%, which is 0.19% above the national average. With a median home price of $377,000 and a 20% down payment of $75,400, homebuyers can expect a monthly principal and interest payment of approximately $1,974.
Current Mortgage Rates in Boynton Beach, FL
Below are the current average mortgage rates available in the Boynton Beach 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 | 6.84% | 6.65% | +0.19% |
| 15-Year Fixed | 6.06% | 5.89% | +0.17% |
| 5/1 ARM | 6.3% | 6.15% | +0.15% |
| FHA | 6.54% | 6.25% | +0.29% |
| VA | 6.29% | 6.05% | +0.24% |
| Jumbo | 7.09% | 6.85% | +0.24% |
Boynton Beach Housing Market Overview
The Boynton Beach housing market reflects moderate demand with prices near the national average. The median household income in Boynton Beach is $61,500, and the cost of living index is 95.4 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $96,857 to comfortably afford the median-priced home in Boynton Beach, which exceeds the current median household income.
Monthly Payment Breakdown for Boynton Beach
Based on the median home price of $377,000 with 20% down ($75,400), here is what you can expect to pay monthly in Boynton Beach:
15-Year vs. 30-Year Mortgage in Boynton Beach
Choosing a 15-year mortgage in Boynton Beach at 6.06% instead of a 30-year at 6.84% would save you $250,740 in total interest over the life of the loan. However, your monthly payment would be $2,555 instead of $1,974 — an increase of $581 per month.
Calculate Your Boynton Beach 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 Boynton Beach
What are the current mortgage rates in Boynton Beach, FL?
As of March 2026, the average 30-year fixed mortgage rate in Boynton Beach, Florida is 6.84%, while the 15-year fixed rate is 6.06%. FHA loans average 6.54% and VA loans 6.29%. These rates are 0.19% above the national average of 6.65%.
How much is a monthly mortgage payment in Boynton Beach?
Based on the median home price of $377,000 with 20% down, the estimated monthly mortgage payment in Boynton Beach is $1,974 for principal and interest. Including property taxes of $286/month, the total monthly housing cost is approximately $2,260.
What income do I need to buy a home in Boynton Beach?
Using the 28% rule, you would need an annual income of approximately $96,857 to afford the median-priced home in Boynton Beach at $377,000. The median household income in Boynton Beach is $61,500. This means most households would need to either earn above the median or consider homes below $377,000.
Is Boynton Beach a good place to buy a home in 2026?
Boynton Beach offers a below-average cost of living with a cost of living index of 95.4 (national average = 100). The property tax rate in Florida is 0.91%, which is near the national average. Boynton Beach has a population of 80,380 and offers a balanced lifestyle.
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Boynton Beach, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.