Mortgage Rates in Miramar, Florida — March 2026
Updated March 2026 | Based on Miramar market data and regional lending conditions
Miramar is a growing city in Florida with a population of 140,823. The current 30-year fixed mortgage rate in Miramar is 6.67%, which is 0.02% above the national average. With a median home price of $435,000 and a 20% down payment of $87,000, homebuyers can expect a monthly principal and interest payment of approximately $2,239.
Current Mortgage Rates in Miramar, FL
Below are the current average mortgage rates available in the Miramar 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 | 6.67% | 6.65% | +0.02% |
| 15-Year Fixed | 5.91% | 5.89% | +0.02% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.27% | 6.25% | +0.02% |
| VA | 6.07% | 6.05% | +0.02% |
| Jumbo | 6.87% | 6.85% | +0.02% |
Miramar Housing Market Overview
The Miramar housing market reflects moderate demand with prices near the national average. The median household income in Miramar is $62,250, and the cost of living index is 105.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $109,329 to comfortably afford the median-priced home in Miramar, which exceeds the current median household income.
Monthly Payment Breakdown for Miramar
Based on the median home price of $435,000 with 20% down ($87,000), here is what you can expect to pay monthly in Miramar:
15-Year vs. 30-Year Mortgage in Miramar
Choosing a 15-year mortgage in Miramar at 5.91% instead of a 30-year at 6.67% would save you $280,440 in total interest over the life of the loan. However, your monthly payment would be $2,920 instead of $2,239 — an increase of $681 per month.
Calculate Your Miramar 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 Miramar
What are the current mortgage rates in Miramar, FL?
As of March 2026, the average 30-year fixed mortgage rate in Miramar, Florida is 6.67%, while the 15-year fixed rate is 5.91%. FHA loans average 6.27% and VA loans 6.07%. These rates are 0.02% above the national average of 6.65%.
How much is a monthly mortgage payment in Miramar?
Based on the median home price of $435,000 with 20% down, the estimated monthly mortgage payment in Miramar is $2,239 for principal and interest. Including property taxes of $312/month, the total monthly housing cost is approximately $2,551.
What income do I need to buy a home in Miramar?
Using the 28% rule, you would need an annual income of approximately $109,329 to afford the median-priced home in Miramar at $435,000. The median household income in Miramar is $62,250. This means most households would need to either earn above the median or consider homes below $435,000.
Is Miramar a good place to buy a home in 2026?
Miramar has a moderate cost of living with a cost of living index of 105.5 (national average = 100). The property tax rate in Florida is 0.86%, which is near the national average. Miramar has a population of 140,823 and offers a balanced 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 Miramar, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.