Mortgage Rates in Lake Worth Beach, Florida — March 2026
Updated March 2026 | Based on Lake Worth Beach market data and regional lending conditions
Lake Worth Beach is a growing city in Florida with a population of 39,552. The current 30-year fixed mortgage rate in Lake Worth Beach is 6.71%, which is 0.06% above the national average. With a median home price of $384,000 and a 20% down payment of $76,800, homebuyers can expect a monthly principal and interest payment of approximately $1,984.
Current Mortgage Rates in Lake Worth Beach, FL
Below are the current average mortgage rates available in the Lake Worth Beach 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 | 6.71% | 6.65% | +0.06% |
| 15-Year Fixed | 5.96% | 5.89% | +0.07% |
| 5/1 ARM | 6.23% | 6.15% | +0.08% |
| FHA | 6.48% | 6.25% | +0.23% |
| VA | 6.23% | 6.05% | +0.18% |
| Jumbo | 6.96% | 6.85% | +0.11% |
Lake Worth Beach Housing Market Overview
The Lake Worth Beach housing market reflects moderate demand with prices near the national average. The median household income in Lake Worth Beach is $50,000, and the cost of living index is 99.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $96,943 to comfortably afford the median-priced home in Lake Worth Beach, which exceeds the current median household income.
Monthly Payment Breakdown for Lake Worth Beach
Based on the median home price of $384,000 with 20% down ($76,800), here is what you can expect to pay monthly in Lake Worth Beach:
15-Year vs. 30-Year Mortgage in Lake Worth Beach
Choosing a 15-year mortgage in Lake Worth Beach at 5.96% instead of a 30-year at 6.71% would save you $248,760 in total interest over the life of the loan. However, your monthly payment would be $2,586 instead of $1,984 — an increase of $602 per month.
Calculate Your Lake Worth Beach 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 Lake Worth Beach
What are the current mortgage rates in Lake Worth Beach, FL?
As of March 2026, the average 30-year fixed mortgage rate in Lake Worth Beach, Florida is 6.71%, while the 15-year fixed rate is 5.96%. FHA loans average 6.48% and VA loans 6.23%. These rates are 0.06% above the national average of 6.65%.
How much is a monthly mortgage payment in Lake Worth Beach?
Based on the median home price of $384,000 with 20% down, the estimated monthly mortgage payment in Lake Worth Beach is $1,984 for principal and interest. Including property taxes of $278/month, the total monthly housing cost is approximately $2,262.
What income do I need to buy a home in Lake Worth Beach?
Using the 28% rule, you would need an annual income of approximately $96,943 to afford the median-priced home in Lake Worth Beach at $384,000. The median household income in Lake Worth Beach is $50,000. This means most households would need to either earn above the median or consider homes below $384,000.
Is Lake Worth Beach a good place to buy a home in 2026?
Lake Worth Beach offers a below-average cost of living with a cost of living index of 99.5 (national average = 100). The property tax rate in Florida is 0.87%, which is near the national average. Lake Worth Beach has a population of 39,552 and offers a balanced lifestyle.
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Lake Worth Beach, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.