Mortgage Rates in Fort Washington, Maryland — March 2026
Updated March 2026 | Based on Fort Washington market data and regional lending conditions
Fort Washington is a growing city in Maryland with a population of 25,032. The current 30-year fixed mortgage rate in Fort Washington is 6.78%, which is 0.13% above the national average. With a median home price of $382,000 and a 20% down payment of $76,400, homebuyers can expect a monthly principal and interest payment of approximately $1,988.
Current Mortgage Rates in Fort Washington, MD
Below are the current average mortgage rates available in the Fort Washington 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 | 6.78% | 6.65% | +0.13% |
| 15-Year Fixed | 6.01% | 5.89% | +0.12% |
| 5/1 ARM | 6.27% | 6.15% | +0.12% |
| FHA | 6.51% | 6.25% | +0.26% |
| VA | 6.26% | 6.05% | +0.21% |
| Jumbo | 7.03% | 6.85% | +0.18% |
Fort Washington Housing Market Overview
The Fort Washington housing market reflects moderate demand with prices near the national average. The median household income in Fort Washington is $88,700, and the cost of living index is 113.8 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $100,500 to comfortably afford the median-priced home in Fort Washington, which exceeds the current median household income.
Monthly Payment Breakdown for Fort Washington
Based on the median home price of $382,000 with 20% down ($76,400), here is what you can expect to pay monthly in Fort Washington:
15-Year vs. 30-Year Mortgage in Fort Washington
Choosing a 15-year mortgage in Fort Washington at 6.01% instead of a 30-year at 6.78% would save you $251,280 in total interest over the life of the loan. However, your monthly payment would be $2,580 instead of $1,988 — an increase of $592 per month.
Calculate Your Fort Washington 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 Fort Washington
What are the current mortgage rates in Fort Washington, MD?
As of March 2026, the average 30-year fixed mortgage rate in Fort Washington, Maryland is 6.78%, while the 15-year fixed rate is 6.01%. FHA loans average 6.51% and VA loans 6.26%. These rates are 0.13% above the national average of 6.65%.
How much is a monthly mortgage payment in Fort Washington?
Based on the median home price of $382,000 with 20% down, the estimated monthly mortgage payment in Fort Washington is $1,988 for principal and interest. Including property taxes of $357/month, the total monthly housing cost is approximately $2,345.
What income do I need to buy a home in Fort Washington?
Using the 28% rule, you would need an annual income of approximately $100,500 to afford the median-priced home in Fort Washington at $382,000. The median household income in Fort Washington is $88,700. This means most households would need to either earn above the median or consider homes below $382,000.
Is Fort Washington a good place to buy a home in 2026?
Fort Washington has a moderate cost of living with a cost of living index of 113.8 (national average = 100). The property tax rate in Maryland is 1.12%, which is near the national average. Fort Washington has a population of 25,032 and offers a balanced lifestyle.
Mortgage Rates in Other Maryland Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Fort Washington, Maryland area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.