Mortgage Rates in Houlton, Maine — March 2026
Updated March 2026 | Based on Houlton market data and regional lending conditions
Houlton is a growing city in Maine with a population of 5,936. The current 30-year fixed mortgage rate in Houlton is 6.64%, which is 0.01% below the national average. With a median home price of $226,000 and a 20% down payment of $45,200, homebuyers can expect a monthly principal and interest payment of approximately $1,159.
Current Mortgage Rates in Houlton, ME
Below are the current average mortgage rates available in the Houlton 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 | 6.64% | 6.65% | -0.01% |
| 15-Year Fixed | 5.9% | 5.89% | +0.01% |
| 5/1 ARM | 6.19% | 6.15% | +0.04% |
| FHA | 6.45% | 6.25% | +0.2% |
| VA | 6.2% | 6.05% | +0.15% |
| Jumbo | 6.89% | 6.85% | +0.04% |
Houlton Housing Market Overview
The Houlton housing market offers relatively affordable housing compared to many major cities. The median household income in Houlton is $51,800, and the cost of living index is 101 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $59,914 to comfortably afford the median-priced home in Houlton, which exceeds the current median household income.
Monthly Payment Breakdown for Houlton
Based on the median home price of $226,000 with 20% down ($45,200), here is what you can expect to pay monthly in Houlton:
15-Year vs. 30-Year Mortgage in Houlton
Choosing a 15-year mortgage in Houlton at 5.9% instead of a 30-year at 6.64% would save you $144,360 in total interest over the life of the loan. However, your monthly payment would be $1,516 instead of $1,159 — an increase of $357 per month.
Calculate Your Houlton 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 Houlton
What are the current mortgage rates in Houlton, ME?
As of March 2026, the average 30-year fixed mortgage rate in Houlton, Maine is 6.64%, while the 15-year fixed rate is 5.9%. FHA loans average 6.45% and VA loans 6.2%. These rates are 0.01% below the national average of 6.65%.
How much is a monthly mortgage payment in Houlton?
Based on the median home price of $226,000 with 20% down, the estimated monthly mortgage payment in Houlton is $1,159 for principal and interest. Including property taxes of $239/month, the total monthly housing cost is approximately $1,398.
What income do I need to buy a home in Houlton?
Using the 28% rule, you would need an annual income of approximately $59,914 to afford the median-priced home in Houlton at $226,000. The median household income in Houlton is $51,800. This means most households would need to either earn above the median or consider homes below $226,000.
Is Houlton a good place to buy a home in 2026?
Houlton has a moderate cost of living with a cost of living index of 101 (national average = 100). The property tax rate in Maine is 1.27%, which is near the national average. Houlton has a population of 5,936 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 Houlton, Maine area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.