Mortgage Rates in Clermont, Florida — March 2026
Updated March 2026 | Based on Clermont market data and regional lending conditions
Clermont is a growing city in Florida with a population of 43,021. The current 30-year fixed mortgage rate in Clermont is 6.61%, which is 0.04% below 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 $1,970.
Current Mortgage Rates in Clermont, FL
Below are the current average mortgage rates available in the Clermont 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 | 6.61% | 6.65% | -0.04% |
| 15-Year Fixed | 5.85% | 5.89% | -0.04% |
| 5/1 ARM | 6.11% | 6.15% | -0.04% |
| FHA | 6.21% | 6.25% | -0.04% |
| VA | 6.01% | 6.05% | -0.04% |
| Jumbo | 6.81% | 6.85% | -0.04% |
Clermont Housing Market Overview
The Clermont housing market reflects moderate demand with prices near the national average. The median household income in Clermont is $58,000, and the cost of living index is 100 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $96,943 to comfortably afford the median-priced home in Clermont, which exceeds the current median household income.
Monthly Payment Breakdown for Clermont
Based on the median home price of $385,000 with 20% down ($77,000), here is what you can expect to pay monthly in Clermont:
15-Year vs. 30-Year Mortgage in Clermont
Choosing a 15-year mortgage in Clermont at 5.85% instead of a 30-year at 6.61% would save you $245,880 in total interest over the life of the loan. However, your monthly payment would be $2,574 instead of $1,970 — an increase of $604 per month.
Calculate Your Clermont 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 Clermont
What are the current mortgage rates in Clermont, FL?
As of March 2026, the average 30-year fixed mortgage rate in Clermont, Florida is 6.61%, while the 15-year fixed rate is 5.85%. FHA loans average 6.21% and VA loans 6.01%. These rates are 0.04% below the national average of 6.65%.
How much is a monthly mortgage payment in Clermont?
Based on the median home price of $385,000 with 20% down, the estimated monthly mortgage payment in Clermont is $1,970 for principal and interest. Including property taxes of $292/month, the total monthly housing cost is approximately $2,262.
What income do I need to buy a home in Clermont?
Using the 28% rule, you would need an annual income of approximately $96,943 to afford the median-priced home in Clermont at $385,000. The median household income in Clermont is $58,000. This means most households would need to either earn above the median or consider homes below $385,000.
Is Clermont a good place to buy a home in 2026?
Clermont offers a below-average cost of living with a cost of living index of 100 (national average = 100). The property tax rate in Florida is 0.91%, which is near the national average. Clermont has a population of 43,021 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 Clermont, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.