Mortgage Rates in Largo, Florida — March 2026
Updated March 2026 | Based on Largo market data and regional lending conditions
Largo is a growing city in Florida with a population of 84,948. The current 30-year fixed mortgage rate in Largo is 6.85%, which is 0.2% above the national average. With a median home price of $443,000 and a 20% down payment of $88,600, homebuyers can expect a monthly principal and interest payment of approximately $2,322.
Current Mortgage Rates in Largo, FL
Below are the current average mortgage rates available in the Largo 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 | 6.85% | 6.65% | +0.2% |
| 15-Year Fixed | 6.07% | 5.89% | +0.18% |
| 5/1 ARM | 6.31% | 6.15% | +0.16% |
| FHA | 6.55% | 6.25% | +0.3% |
| VA | 6.3% | 6.05% | +0.25% |
| Jumbo | 7.1% | 6.85% | +0.25% |
Largo Housing Market Overview
The Largo housing market reflects moderate demand with prices near the national average. The median household income in Largo is $65,600, and the cost of living index is 104 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $113,614 to comfortably afford the median-priced home in Largo, which exceeds the current median household income.
Monthly Payment Breakdown for Largo
Based on the median home price of $443,000 with 20% down ($88,600), here is what you can expect to pay monthly in Largo:
15-Year vs. 30-Year Mortgage in Largo
Choosing a 15-year mortgage in Largo at 6.07% instead of a 30-year at 6.85% would save you $295,200 in total interest over the life of the loan. However, your monthly payment would be $3,004 instead of $2,322 — an increase of $682 per month.
Calculate Your Largo Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Largo
What are the current mortgage rates in Largo, FL?
As of March 2026, the average 30-year fixed mortgage rate in Largo, Florida is 6.85%, while the 15-year fixed rate is 6.07%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.2% above the national average of 6.65%.
How much is a monthly mortgage payment in Largo?
Based on the median home price of $443,000 with 20% down, the estimated monthly mortgage payment in Largo is $2,322 for principal and interest. Including property taxes of $329/month, the total monthly housing cost is approximately $2,651.
What income do I need to buy a home in Largo?
Using the 28% rule, you would need an annual income of approximately $113,614 to afford the median-priced home in Largo at $443,000. The median household income in Largo is $65,600. This means most households would need to either earn above the median or consider homes below $443,000.
Is Largo a good place to buy a home in 2026?
Largo has a moderate cost of living with a cost of living index of 104 (national average = 100). The property tax rate in Florida is 0.89%, which is near the national average. Largo has a population of 84,948 and offers a balanced lifestyle.
Mortgage Rates in Other Florida Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Largo, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.