Mortgage Rates in Lynn Haven, Florida — March 2026
Updated March 2026 | Based on Lynn Haven market data and regional lending conditions
Lynn Haven is a growing city in Florida with a population of 21,785. The current 30-year fixed mortgage rate in Lynn Haven is 6.73%, which is 0.08% above the national average. With a median home price of $312,000 and a 20% down payment of $62,400, homebuyers can expect a monthly principal and interest payment of approximately $1,616.
Current Mortgage Rates in Lynn Haven, FL
Below are the current average mortgage rates available in the Lynn Haven 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 | 6.73% | 6.65% | +0.08% |
| 15-Year Fixed | 5.98% | 5.89% | +0.09% |
| 5/1 ARM | 6.24% | 6.15% | +0.09% |
| FHA | 6.49% | 6.25% | +0.24% |
| VA | 6.24% | 6.05% | +0.19% |
| Jumbo | 6.98% | 6.85% | +0.13% |
Lynn Haven Housing Market Overview
The Lynn Haven housing market reflects moderate demand with prices near the national average. The median household income in Lynn Haven is $60,100, and the cost of living index is 97 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $79,071 to comfortably afford the median-priced home in Lynn Haven, which exceeds the current median household income.
Monthly Payment Breakdown for Lynn Haven
Based on the median home price of $312,000 with 20% down ($62,400), here is what you can expect to pay monthly in Lynn Haven:
15-Year vs. 30-Year Mortgage in Lynn Haven
Choosing a 15-year mortgage in Lynn Haven at 5.98% instead of a 30-year at 6.73% would save you $203,040 in total interest over the life of the loan. However, your monthly payment would be $2,104 instead of $1,616 — an increase of $488 per month.
Calculate Your Lynn Haven 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 Lynn Haven
What are the current mortgage rates in Lynn Haven, FL?
As of March 2026, the average 30-year fixed mortgage rate in Lynn Haven, Florida is 6.73%, while the 15-year fixed rate is 5.98%. FHA loans average 6.49% and VA loans 6.24%. These rates are 0.08% above the national average of 6.65%.
How much is a monthly mortgage payment in Lynn Haven?
Based on the median home price of $312,000 with 20% down, the estimated monthly mortgage payment in Lynn Haven is $1,616 for principal and interest. Including property taxes of $229/month, the total monthly housing cost is approximately $1,845.
What income do I need to buy a home in Lynn Haven?
Using the 28% rule, you would need an annual income of approximately $79,071 to afford the median-priced home in Lynn Haven at $312,000. The median household income in Lynn Haven is $60,100. This means most households would need to either earn above the median or consider homes below $312,000.
Is Lynn Haven a good place to buy a home in 2026?
Lynn Haven offers a below-average cost of living with a cost of living index of 97 (national average = 100). The property tax rate in Florida is 0.88%, which is near the national average. Lynn Haven has a population of 21,785 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 Lynn Haven, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.