Mortgage Rates in Flowing Wells, Arizona — March 2026
Updated March 2026 | Based on Flowing Wells market data and regional lending conditions
Flowing Wells is a growing city in Arizona with a population of 16,419. The current 30-year fixed mortgage rate in Flowing Wells is 6.69%, which is 0.04% above the national average. With a median home price of $374,000 and a 20% down payment of $74,800, homebuyers can expect a monthly principal and interest payment of approximately $1,929.
Current Mortgage Rates in Flowing Wells, AZ
Below are the current average mortgage rates available in the Flowing Wells 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 | 6.69% | 6.65% | +0.04% |
| 15-Year Fixed | 5.94% | 5.89% | +0.05% |
| 5/1 ARM | 6.21% | 6.15% | +0.06% |
| FHA | 6.47% | 6.25% | +0.22% |
| VA | 6.22% | 6.05% | +0.17% |
| Jumbo | 6.94% | 6.85% | +0.09% |
Flowing Wells Housing Market Overview
The Flowing Wells housing market reflects moderate demand with prices near the national average. The median household income in Flowing Wells is $57,400, and the cost of living index is 92.3 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $90,686 to comfortably afford the median-priced home in Flowing Wells, which exceeds the current median household income.
Monthly Payment Breakdown for Flowing Wells
Based on the median home price of $374,000 with 20% down ($74,800), here is what you can expect to pay monthly in Flowing Wells:
15-Year vs. 30-Year Mortgage in Flowing Wells
Choosing a 15-year mortgage in Flowing Wells at 5.94% instead of a 30-year at 6.69% would save you $241,740 in total interest over the life of the loan. However, your monthly payment would be $2,515 instead of $1,929 — an increase of $586 per month.
Calculate Your Flowing Wells Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Flowing Wells
What are the current mortgage rates in Flowing Wells, AZ?
As of March 2026, the average 30-year fixed mortgage rate in Flowing Wells, Arizona is 6.69%, while the 15-year fixed rate is 5.94%. FHA loans average 6.47% and VA loans 6.22%. These rates are 0.04% above the national average of 6.65%.
How much is a monthly mortgage payment in Flowing Wells?
Based on the median home price of $374,000 with 20% down, the estimated monthly mortgage payment in Flowing Wells is $1,929 for principal and interest. Including property taxes of $187/month, the total monthly housing cost is approximately $2,116.
What income do I need to buy a home in Flowing Wells?
Using the 28% rule, you would need an annual income of approximately $90,686 to afford the median-priced home in Flowing Wells at $374,000. The median household income in Flowing Wells is $57,400. This means most households would need to either earn above the median or consider homes below $374,000.
Is Flowing Wells a good place to buy a home in 2026?
Flowing Wells offers a below-average cost of living with a cost of living index of 92.3 (national average = 100). The property tax rate in Arizona is 0.6%, which is below the national average. Flowing Wells has a population of 16,419 and offers a very affordable lifestyle.
Mortgage Rates in Other Arizona Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Flowing Wells, Arizona area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.