Mortgage Rates in Evesham, New Jersey — March 2026
Updated March 2026 | Based on Evesham market data and regional lending conditions
Evesham is a growing city in New Jersey with a population of 46,647. The current 30-year fixed mortgage rate in Evesham is 6.8%, which is 0.15% above the national average. With a median home price of $392,000 and a 20% down payment of $78,400, homebuyers can expect a monthly principal and interest payment of approximately $2,044.
Current Mortgage Rates in Evesham, NJ
Below are the current average mortgage rates available in the Evesham 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 | 6.8% | 6.65% | +0.15% |
| 15-Year Fixed | 6.03% | 5.89% | +0.14% |
| 5/1 ARM | 6.28% | 6.15% | +0.13% |
| FHA | 6.53% | 6.25% | +0.28% |
| VA | 6.28% | 6.05% | +0.23% |
| Jumbo | 7.05% | 6.85% | +0.2% |
Evesham Housing Market Overview
The Evesham housing market reflects moderate demand with prices near the national average. The median household income in Evesham is $83,200, and the cost of living index is 117.3 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $119,786 to comfortably afford the median-priced home in Evesham, which exceeds the current median household income.
Monthly Payment Breakdown for Evesham
Based on the median home price of $392,000 with 20% down ($78,400), here is what you can expect to pay monthly in Evesham:
15-Year vs. 30-Year Mortgage in Evesham
Choosing a 15-year mortgage in Evesham at 6.03% instead of a 30-year at 6.8% would save you $258,660 in total interest over the life of the loan. However, your monthly payment would be $2,651 instead of $2,044 — an increase of $607 per month.
Calculate Your Evesham Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Evesham
What are the current mortgage rates in Evesham, NJ?
As of March 2026, the average 30-year fixed mortgage rate in Evesham, New Jersey is 6.8%, while the 15-year fixed rate is 6.03%. FHA loans average 6.53% and VA loans 6.28%. These rates are 0.15% above the national average of 6.65%.
How much is a monthly mortgage payment in Evesham?
Based on the median home price of $392,000 with 20% down, the estimated monthly mortgage payment in Evesham is $2,044 for principal and interest. Including property taxes of $751/month, the total monthly housing cost is approximately $2,795.
What income do I need to buy a home in Evesham?
Using the 28% rule, you would need an annual income of approximately $119,786 to afford the median-priced home in Evesham at $392,000. The median household income in Evesham is $83,200. This means most households would need to either earn above the median or consider homes below $392,000.
Is Evesham a good place to buy a home in 2026?
Evesham has a moderate cost of living with a cost of living index of 117.3 (national average = 100). The property tax rate in New Jersey is 2.3%, which is above the national average. Evesham has a population of 46,647 and offers a balanced lifestyle.
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Evesham, New Jersey area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.