Mortgage Rates in Lompoc, California — March 2026
Updated March 2026 | Based on Lompoc market data and regional lending conditions
Lompoc is a growing city in California with a population of 43,232. The current 30-year fixed mortgage rate in Lompoc is 6.78%, which is 0.13% above the national average. With a median home price of $628,000 and a 20% down payment of $125,600, homebuyers can expect a monthly principal and interest payment of approximately $3,269.
Current Mortgage Rates in Lompoc, CA
Below are the current average mortgage rates available in the Lompoc 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 | 6.78% | 6.65% | +0.13% |
| 15-Year Fixed | 6.02% | 5.89% | +0.13% |
| 5/1 ARM | 6.27% | 6.15% | +0.12% |
| FHA | 6.52% | 6.25% | +0.27% |
| VA | 6.27% | 6.05% | +0.22% |
| Jumbo | 7.03% | 6.85% | +0.18% |
Lompoc Housing Market Overview
The Lompoc housing market is competitive with prices well above the national median. The median household income in Lompoc is $72,900, and the cost of living index is 135.9 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $157,800 to comfortably afford the median-priced home in Lompoc, which exceeds the current median household income.
Monthly Payment Breakdown for Lompoc
Based on the median home price of $628,000 with 20% down ($125,600), here is what you can expect to pay monthly in Lompoc:
15-Year vs. 30-Year Mortgage in Lompoc
Choosing a 15-year mortgage in Lompoc at 6.02% instead of a 30-year at 6.78% would save you $412,740 in total interest over the life of the loan. However, your monthly payment would be $4,245 instead of $3,269 — an increase of $976 per month.
Calculate Your Lompoc 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 Lompoc
What are the current mortgage rates in Lompoc, CA?
As of March 2026, the average 30-year fixed mortgage rate in Lompoc, California is 6.78%, while the 15-year fixed rate is 6.02%. FHA loans average 6.52% and VA loans 6.27%. These rates are 0.13% above the national average of 6.65%.
How much is a monthly mortgage payment in Lompoc?
Based on the median home price of $628,000 with 20% down, the estimated monthly mortgage payment in Lompoc is $3,269 for principal and interest. Including property taxes of $413/month, the total monthly housing cost is approximately $3,682.
What income do I need to buy a home in Lompoc?
Using the 28% rule, you would need an annual income of approximately $157,800 to afford the median-priced home in Lompoc at $628,000. The median household income in Lompoc is $72,900. This means most households would need to either earn above the median or consider homes below $628,000.
Is Lompoc a good place to buy a home in 2026?
Lompoc has a higher cost of living than average with a cost of living index of 135.9 (national average = 100). The property tax rate in California is 0.79%, which is below the national average. Lompoc has a population of 43,232 and offers a balanced lifestyle.
Mortgage Rates in Other California Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Lompoc, California area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.