Mortgage Rates in Daytona Beach, Florida — March 2026
Updated March 2026 | Based on Daytona Beach market data and regional lending conditions
Daytona Beach is a growing city in Florida with a population of 72,614. The current 30-year fixed mortgage rate in Daytona Beach is 6.67%, which is 0.02% above the national average. With a median home price of $245,000 and a 20% down payment of $49,000, homebuyers can expect a monthly principal and interest payment of approximately $1,261.
Current Mortgage Rates in Daytona Beach, FL
Below are the current average mortgage rates available in the Daytona 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 | 6.67% | 6.65% | +0.02% |
| 15-Year Fixed | 5.91% | 5.89% | +0.02% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.27% | 6.25% | +0.02% |
| VA | 6.07% | 6.05% | +0.02% |
| Jumbo | 6.87% | 6.85% | +0.02% |
Daytona Beach Housing Market Overview
The Daytona Beach housing market offers relatively affordable housing compared to many major cities. The median household income in Daytona Beach is $38,250, and the cost of living index is 90.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $61,586 to comfortably afford the median-priced home in Daytona Beach, which exceeds the current median household income.
Monthly Payment Breakdown for Daytona Beach
Based on the median home price of $245,000 with 20% down ($49,000), here is what you can expect to pay monthly in Daytona Beach:
15-Year vs. 30-Year Mortgage in Daytona Beach
Choosing a 15-year mortgage in Daytona Beach at 5.91% instead of a 30-year at 6.67% would save you $158,040 in total interest over the life of the loan. However, your monthly payment would be $1,644 instead of $1,261 — an increase of $383 per month.
Calculate Your Daytona 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 Daytona Beach
What are the current mortgage rates in Daytona Beach, FL?
As of March 2026, the average 30-year fixed mortgage rate in Daytona Beach, Florida is 6.67%, while the 15-year fixed rate is 5.91%. FHA loans average 6.27% and VA loans 6.07%. These rates are 0.02% above the national average of 6.65%.
How much is a monthly mortgage payment in Daytona Beach?
Based on the median home price of $245,000 with 20% down, the estimated monthly mortgage payment in Daytona Beach is $1,261 for principal and interest. Including property taxes of $176/month, the total monthly housing cost is approximately $1,437.
What income do I need to buy a home in Daytona Beach?
Using the 28% rule, you would need an annual income of approximately $61,586 to afford the median-priced home in Daytona Beach at $245,000. The median household income in Daytona Beach is $38,250. This means most households would need to either earn above the median or consider homes below $245,000.
Is Daytona Beach a good place to buy a home in 2026?
Daytona Beach offers a below-average cost of living with a cost of living index of 90.5 (national average = 100). The property tax rate in Florida is 0.86%, which is near the national average. Daytona Beach has a population of 72,614 and offers a very affordable lifestyle.
Mortgage Rates in Other Florida Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Daytona Beach, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.