Mortgage Rates in Collingswood, New Jersey — March 2026
Updated March 2026 | Based on Collingswood market data and regional lending conditions
Collingswood is a growing city in New Jersey with a population of 14,055. The current 30-year fixed mortgage rate in Collingswood is 6.83%, which is 0.18% above the national average. With a median home price of $413,000 and a 20% down payment of $82,600, homebuyers can expect a monthly principal and interest payment of approximately $2,161.
Current Mortgage Rates in Collingswood, NJ
Below are the current average mortgage rates available in the Collingswood 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 | 6.83% | 6.65% | +0.18% |
| 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 | 7.08% | 6.85% | +0.23% |
Collingswood Housing Market Overview
The Collingswood housing market reflects moderate demand with prices near the national average. The median household income in Collingswood is $88,800, and the cost of living index is 113.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $126,086 to comfortably afford the median-priced home in Collingswood, which exceeds the current median household income.
Monthly Payment Breakdown for Collingswood
Based on the median home price of $413,000 with 20% down ($82,600), here is what you can expect to pay monthly in Collingswood:
15-Year vs. 30-Year Mortgage in Collingswood
Choosing a 15-year mortgage in Collingswood at 6.06% instead of a 30-year at 6.83% would save you $274,140 in total interest over the life of the loan. However, your monthly payment would be $2,799 instead of $2,161 — an increase of $638 per month.
Calculate Your Collingswood Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Collingswood
What are the current mortgage rates in Collingswood, NJ?
As of March 2026, the average 30-year fixed mortgage rate in Collingswood, New Jersey is 6.83%, while the 15-year fixed rate is 6.06%. FHA loans average 6.54% and VA loans 6.29%. These rates are 0.18% above the national average of 6.65%.
How much is a monthly mortgage payment in Collingswood?
Based on the median home price of $413,000 with 20% down, the estimated monthly mortgage payment in Collingswood is $2,161 for principal and interest. Including property taxes of $781/month, the total monthly housing cost is approximately $2,942.
What income do I need to buy a home in Collingswood?
Using the 28% rule, you would need an annual income of approximately $126,086 to afford the median-priced home in Collingswood at $413,000. The median household income in Collingswood is $88,800. This means most households would need to either earn above the median or consider homes below $413,000.
Is Collingswood a good place to buy a home in 2026?
Collingswood has a moderate cost of living with a cost of living index of 113.5 (national average = 100). The property tax rate in New Jersey is 2.27%, which is above the national average. Collingswood has a population of 14,055 and offers a balanced lifestyle.
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Collingswood, New Jersey area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.