Mortgage Rates in Leesburg, Florida — March 2026
Updated March 2026 | Based on Leesburg market data and regional lending conditions
Leesburg is a growing city in Florida with a population of 27,360. The current 30-year fixed mortgage rate in Leesburg is 6.8%, which is 0.15% above the national average. With a median home price of $416,000 and a 20% down payment of $83,200, homebuyers can expect a monthly principal and interest payment of approximately $2,170.
Current Mortgage Rates in Leesburg, FL
Below are the current average mortgage rates available in the Leesburg 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 | 6.8% | 6.65% | +0.15% |
| 15-Year Fixed | 6.03% | 5.89% | +0.14% |
| 5/1 ARM | 6.28% | 6.15% | +0.13% |
| FHA | 6.53% | 6.25% | +0.28% |
| VA | 6.28% | 6.05% | +0.23% |
| Jumbo | 7.05% | 6.85% | +0.2% |
Leesburg Housing Market Overview
The Leesburg housing market reflects moderate demand with prices near the national average. The median household income in Leesburg is $61,900, and the cost of living index is 91.7 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $106,500 to comfortably afford the median-priced home in Leesburg, which exceeds the current median household income.
Monthly Payment Breakdown for Leesburg
Based on the median home price of $416,000 with 20% down ($83,200), here is what you can expect to pay monthly in Leesburg:
15-Year vs. 30-Year Mortgage in Leesburg
Choosing a 15-year mortgage in Leesburg at 6.03% instead of a 30-year at 6.8% would save you $274,680 in total interest over the life of the loan. However, your monthly payment would be $2,814 instead of $2,170 — an increase of $644 per month.
Calculate Your Leesburg 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 Leesburg
What are the current mortgage rates in Leesburg, FL?
As of March 2026, the average 30-year fixed mortgage rate in Leesburg, Florida is 6.8%, while the 15-year fixed rate is 6.03%. FHA loans average 6.53% and VA loans 6.28%. These rates are 0.15% above the national average of 6.65%.
How much is a monthly mortgage payment in Leesburg?
Based on the median home price of $416,000 with 20% down, the estimated monthly mortgage payment in Leesburg is $2,170 for principal and interest. Including property taxes of $315/month, the total monthly housing cost is approximately $2,485.
What income do I need to buy a home in Leesburg?
Using the 28% rule, you would need an annual income of approximately $106,500 to afford the median-priced home in Leesburg at $416,000. The median household income in Leesburg is $61,900. This means most households would need to either earn above the median or consider homes below $416,000.
Is Leesburg a good place to buy a home in 2026?
Leesburg offers a below-average cost of living with a cost of living index of 91.7 (national average = 100). The property tax rate in Florida is 0.91%, which is near the national average. Leesburg has a population of 27,360 and offers a very affordable lifestyle.
Mortgage Rates in Other Florida Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Leesburg, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.