Mortgage Rates in Crestview, Florida — March 2026
Updated March 2026 | Based on Crestview market data and regional lending conditions
Crestview is a growing city in Florida with a population of 27,452. The current 30-year fixed mortgage rate in Crestview is 6.83%, which is 0.18% above the national average. With a median home price of $407,000 and a 20% down payment of $81,400, homebuyers can expect a monthly principal and interest payment of approximately $2,129.
Current Mortgage Rates in Crestview, FL
Below are the current average mortgage rates available in the Crestview 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% |
Crestview Housing Market Overview
The Crestview housing market reflects moderate demand with prices near the national average. The median household income in Crestview is $61,600, and the cost of living index is 92.9 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $103,029 to comfortably afford the median-priced home in Crestview, which exceeds the current median household income.
Monthly Payment Breakdown for Crestview
Based on the median home price of $407,000 with 20% down ($81,400), here is what you can expect to pay monthly in Crestview:
15-Year vs. 30-Year Mortgage in Crestview
Choosing a 15-year mortgage in Crestview at 6.06% instead of a 30-year at 6.83% would save you $270,000 in total interest over the life of the loan. However, your monthly payment would be $2,758 instead of $2,129 — an increase of $629 per month.
Calculate Your Crestview Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Crestview
What are the current mortgage rates in Crestview, FL?
As of March 2026, the average 30-year fixed mortgage rate in Crestview, Florida 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 Crestview?
Based on the median home price of $407,000 with 20% down, the estimated monthly mortgage payment in Crestview is $2,129 for principal and interest. Including property taxes of $275/month, the total monthly housing cost is approximately $2,404.
What income do I need to buy a home in Crestview?
Using the 28% rule, you would need an annual income of approximately $103,029 to afford the median-priced home in Crestview at $407,000. The median household income in Crestview is $61,600. This means most households would need to either earn above the median or consider homes below $407,000.
Is Crestview a good place to buy a home in 2026?
Crestview offers a below-average cost of living with a cost of living index of 92.9 (national average = 100). The property tax rate in Florida is 0.81%, which is near the national average. Crestview has a population of 27,452 and offers a very affordable 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 Crestview, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.