Mortgage Rates in Gardiner, Maine — March 2026
Updated March 2026 | Based on Gardiner market data and regional lending conditions
Gardiner is a growing city in Maine with a population of 5,699. The current 30-year fixed mortgage rate in Gardiner is 6.89%, which is 0.24% above the national average. With a median home price of $243,000 and a 20% down payment of $48,600, homebuyers can expect a monthly principal and interest payment of approximately $1,279.
Current Mortgage Rates in Gardiner, ME
Below are the current average mortgage rates available in the Gardiner 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 | 6.89% | 6.65% | +0.24% |
| 15-Year Fixed | 6.1% | 5.89% | +0.21% |
| 5/1 ARM | 6.33% | 6.15% | +0.18% |
| FHA | 6.57% | 6.25% | +0.32% |
| VA | 6.32% | 6.05% | +0.27% |
| Jumbo | 7.14% | 6.85% | +0.29% |
Gardiner Housing Market Overview
The Gardiner housing market offers relatively affordable housing compared to many major cities. The median household income in Gardiner is $57,700, and the cost of living index is 104 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $65,829 to comfortably afford the median-priced home in Gardiner, which exceeds the current median household income.
Monthly Payment Breakdown for Gardiner
Based on the median home price of $243,000 with 20% down ($48,600), here is what you can expect to pay monthly in Gardiner:
15-Year vs. 30-Year Mortgage in Gardiner
Choosing a 15-year mortgage in Gardiner at 6.1% instead of a 30-year at 6.89% would save you $163,260 in total interest over the life of the loan. However, your monthly payment would be $1,651 instead of $1,279 — an increase of $372 per month.
Calculate Your Gardiner 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 Gardiner
What are the current mortgage rates in Gardiner, ME?
As of March 2026, the average 30-year fixed mortgage rate in Gardiner, Maine is 6.89%, while the 15-year fixed rate is 6.1%. FHA loans average 6.57% and VA loans 6.32%. These rates are 0.24% above the national average of 6.65%.
How much is a monthly mortgage payment in Gardiner?
Based on the median home price of $243,000 with 20% down, the estimated monthly mortgage payment in Gardiner is $1,279 for principal and interest. Including property taxes of $257/month, the total monthly housing cost is approximately $1,536.
What income do I need to buy a home in Gardiner?
Using the 28% rule, you would need an annual income of approximately $65,829 to afford the median-priced home in Gardiner at $243,000. The median household income in Gardiner is $57,700. This means most households would need to either earn above the median or consider homes below $243,000.
Is Gardiner a good place to buy a home in 2026?
Gardiner has a moderate cost of living with a cost of living index of 104 (national average = 100). The property tax rate in Maine is 1.27%, which is near the national average. Gardiner has a population of 5,699 and offers a balanced lifestyle.
Mortgage Rates in Other Maine Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Gardiner, Maine area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.