Mortgage Rates in Dillingham, Alaska — March 2026
Updated March 2026 | Based on Dillingham market data and regional lending conditions
Dillingham is a growing city in Alaska with a population of 2,368. The current 30-year fixed mortgage rate in Dillingham is 6.84%, which is 0.19% above the national average. With a median home price of $222,000 and a 20% down payment of $44,400, homebuyers can expect a monthly principal and interest payment of approximately $1,163.
Current Mortgage Rates in Dillingham, AK
Below are the current average mortgage rates available in the Dillingham 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 | 6.84% | 6.65% | +0.19% |
| 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 | 7.09% | 6.85% | +0.24% |
Dillingham Housing Market Overview
The Dillingham housing market offers relatively affordable housing compared to many major cities. The median household income in Dillingham is $69,300, and the cost of living index is 125.7 (national average = 100). Based on the 28% affordability rule, the median income in Dillingham is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Dillingham
Based on the median home price of $222,000 with 20% down ($44,400), here is what you can expect to pay monthly in Dillingham:
15-Year vs. 30-Year Mortgage in Dillingham
Choosing a 15-year mortgage in Dillingham at 6.06% instead of a 30-year at 6.84% would save you $147,960 in total interest over the life of the loan. However, your monthly payment would be $1,504 instead of $1,163 — an increase of $341 per month.
Calculate Your Dillingham 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 Dillingham
What are the current mortgage rates in Dillingham, AK?
As of March 2026, the average 30-year fixed mortgage rate in Dillingham, Alaska is 6.84%, while the 15-year fixed rate is 6.06%. FHA loans average 6.54% and VA loans 6.29%. These rates are 0.19% above the national average of 6.65%.
How much is a monthly mortgage payment in Dillingham?
Based on the median home price of $222,000 with 20% down, the estimated monthly mortgage payment in Dillingham is $1,163 for principal and interest. Including property taxes of $191/month, the total monthly housing cost is approximately $1,354.
What income do I need to buy a home in Dillingham?
Using the 28% rule, you would need an annual income of approximately $58,029 to afford the median-priced home in Dillingham at $222,000. The median household income in Dillingham is $69,300. The median income is currently sufficient to meet this threshold.
Is Dillingham a good place to buy a home in 2026?
Dillingham has a higher cost of living than average with a cost of living index of 125.7 (national average = 100). The property tax rate in Alaska is 1.03%, which is near the national average. Dillingham has a population of 2,368 and offers a balanced lifestyle.
Mortgage Rates in Other Alaska Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Dillingham, Alaska area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.