Mortgage Rates in Hooksett, New Hampshire — March 2026
Updated March 2026 | Based on Hooksett market data and regional lending conditions
Hooksett is a growing city in New Hampshire with a population of 14,871. The current 30-year fixed mortgage rate in Hooksett is 6.65%, which is at the national average. With a median home price of $389,000 and a 20% down payment of $77,800, homebuyers can expect a monthly principal and interest payment of approximately $1,998.
Current Mortgage Rates in Hooksett, NH
Below are the current average mortgage rates available in the Hooksett 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 | 6.65% | 6.65% | 0% |
| 15-Year Fixed | 5.91% | 5.89% | +0.02% |
| 5/1 ARM | 6.19% | 6.15% | +0.04% |
| FHA | 6.45% | 6.25% | +0.2% |
| VA | 6.2% | 6.05% | +0.15% |
| Jumbo | 6.9% | 6.85% | +0.05% |
Hooksett Housing Market Overview
The Hooksett housing market reflects moderate demand with prices near the national average. The median household income in Hooksett is $81,700, and the cost of living index is 112.7 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $114,386 to comfortably afford the median-priced home in Hooksett, which exceeds the current median household income.
Monthly Payment Breakdown for Hooksett
Based on the median home price of $389,000 with 20% down ($77,800), here is what you can expect to pay monthly in Hooksett:
15-Year vs. 30-Year Mortgage in Hooksett
Choosing a 15-year mortgage in Hooksett at 5.91% instead of a 30-year at 6.65% would save you $249,300 in total interest over the life of the loan. However, your monthly payment would be $2,611 instead of $1,998 — an increase of $613 per month.
Calculate Your Hooksett 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 Hooksett
What are the current mortgage rates in Hooksett, NH?
As of March 2026, the average 30-year fixed mortgage rate in Hooksett, New Hampshire is 6.65%, while the 15-year fixed rate is 5.91%. FHA loans average 6.45% and VA loans 6.2%. These rates are at the national average of 6.65%.
How much is a monthly mortgage payment in Hooksett?
Based on the median home price of $389,000 with 20% down, the estimated monthly mortgage payment in Hooksett is $1,998 for principal and interest. Including property taxes of $671/month, the total monthly housing cost is approximately $2,669.
What income do I need to buy a home in Hooksett?
Using the 28% rule, you would need an annual income of approximately $114,386 to afford the median-priced home in Hooksett at $389,000. The median household income in Hooksett is $81,700. This means most households would need to either earn above the median or consider homes below $389,000.
Is Hooksett a good place to buy a home in 2026?
Hooksett has a moderate cost of living with a cost of living index of 112.7 (national average = 100). The property tax rate in New Hampshire is 2.07%, which is above the national average. Hooksett has a population of 14,871 and offers a balanced lifestyle.
Mortgage Rates in Other New Hampshire Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Hooksett, New Hampshire area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.