Mortgage Rates in Deland, Florida — March 2026
Updated March 2026 | Based on Deland market data and regional lending conditions
Deland is a growing city in Florida with a population of 39,316. The current 30-year fixed mortgage rate in Deland is 6.73%, which is 0.08% above the national average. With a median home price of $295,000 and a 20% down payment of $59,000, homebuyers can expect a monthly principal and interest payment of approximately $1,527.
Current Mortgage Rates in Deland, FL
Below are the current average mortgage rates available in the Deland 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 | 6.73% | 6.65% | +0.08% |
| 15-Year Fixed | 5.97% | 5.89% | +0.08% |
| 5/1 ARM | 6.23% | 6.15% | +0.08% |
| FHA | 6.33% | 6.25% | +0.08% |
| VA | 6.13% | 6.05% | +0.08% |
| Jumbo | 6.93% | 6.85% | +0.08% |
Deland Housing Market Overview
The Deland housing market offers relatively affordable housing compared to many major cities. The median household income in Deland is $40,000, and the cost of living index is 93 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $74,614 to comfortably afford the median-priced home in Deland, which exceeds the current median household income.
Monthly Payment Breakdown for Deland
Based on the median home price of $295,000 with 20% down ($59,000), here is what you can expect to pay monthly in Deland:
15-Year vs. 30-Year Mortgage in Deland
Choosing a 15-year mortgage in Deland at 5.97% instead of a 30-year at 6.73% would save you $191,880 in total interest over the life of the loan. However, your monthly payment would be $1,988 instead of $1,527 — an increase of $461 per month.
Calculate Your Deland 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 Deland
What are the current mortgage rates in Deland, FL?
As of March 2026, the average 30-year fixed mortgage rate in Deland, Florida is 6.73%, while the 15-year fixed rate is 5.97%. FHA loans average 6.33% and VA loans 6.13%. These rates are 0.08% above the national average of 6.65%.
How much is a monthly mortgage payment in Deland?
Based on the median home price of $295,000 with 20% down, the estimated monthly mortgage payment in Deland is $1,527 for principal and interest. Including property taxes of $214/month, the total monthly housing cost is approximately $1,741.
What income do I need to buy a home in Deland?
Using the 28% rule, you would need an annual income of approximately $74,614 to afford the median-priced home in Deland at $295,000. The median household income in Deland is $40,000. This means most households would need to either earn above the median or consider homes below $295,000.
Is Deland a good place to buy a home in 2026?
Deland offers a below-average cost of living with a cost of living index of 93 (national average = 100). The property tax rate in Florida is 0.87%, which is near the national average. Deland has a population of 39,316 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 Deland, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.