Mortgage Rates in Brea, California — March 2026
Updated March 2026 | Based on Brea market data and regional lending conditions
Brea is a growing city in California with a population of 47,325. The current 30-year fixed mortgage rate in Brea is 6.72%, which is 0.07% above the national average. With a median home price of $747,000 and a 20% down payment of $149,400, homebuyers can expect a monthly principal and interest payment of approximately $3,864.
Current Mortgage Rates in Brea, CA
Below are the current average mortgage rates available in the Brea 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 | 6.72% | 6.65% | +0.07% |
| 15-Year Fixed | 5.96% | 5.89% | +0.07% |
| 5/1 ARM | 6.23% | 6.15% | +0.08% |
| FHA | 6.48% | 6.25% | +0.23% |
| VA | 6.23% | 6.05% | +0.18% |
| Jumbo | 6.97% | 6.85% | +0.12% |
Brea Housing Market Overview
The Brea housing market is competitive with prices well above the national median. The median household income in Brea is $81,300, and the cost of living index is 153 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $185,871 to comfortably afford the median-priced home in Brea, which exceeds the current median household income.
Monthly Payment Breakdown for Brea
Based on the median home price of $747,000 with 20% down ($149,400), here is what you can expect to pay monthly in Brea:
15-Year vs. 30-Year Mortgage in Brea
Choosing a 15-year mortgage in Brea at 5.96% instead of a 30-year at 6.72% would save you $485,640 in total interest over the life of the loan. However, your monthly payment would be $5,030 instead of $3,864 — an increase of $1,166 per month.
Calculate Your Brea 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 Brea
What are the current mortgage rates in Brea, CA?
As of March 2026, the average 30-year fixed mortgage rate in Brea, California is 6.72%, while the 15-year fixed rate is 5.96%. FHA loans average 6.48% and VA loans 6.23%. These rates are 0.07% above the national average of 6.65%.
How much is a monthly mortgage payment in Brea?
Based on the median home price of $747,000 with 20% down, the estimated monthly mortgage payment in Brea is $3,864 for principal and interest. Including property taxes of $473/month, the total monthly housing cost is approximately $4,337.
What income do I need to buy a home in Brea?
Using the 28% rule, you would need an annual income of approximately $185,871 to afford the median-priced home in Brea at $747,000. The median household income in Brea is $81,300. This means most households would need to either earn above the median or consider homes below $747,000.
Is Brea a good place to buy a home in 2026?
Brea has a higher cost of living than average with a cost of living index of 153 (national average = 100). The property tax rate in California is 0.76%, which is below the national average. Brea has a population of 47,325 and offers a balanced lifestyle.
Mortgage Rates in Other California Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Brea, California area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.