Mortgage Rates in Nashua, New Hampshire — March 2026
Updated March 2026 | Based on Nashua market data and regional lending conditions
Nashua is a growing city in New Hampshire with a population of 91,322. The current 30-year fixed mortgage rate in Nashua is 6.66%, which is 0.01% above the national average. With a median home price of $415,000 and a 20% down payment of $83,000, homebuyers can expect a monthly principal and interest payment of approximately $2,134.
Current Mortgage Rates in Nashua, NH
Below are the current average mortgage rates available in the Nashua 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 | 6.66% | 6.65% | +0.01% |
| 15-Year Fixed | 5.9% | 5.89% | +0.01% |
| 5/1 ARM | 6.16% | 6.15% | +0.01% |
| FHA | 6.26% | 6.25% | +0.01% |
| VA | 6.06% | 6.05% | +0.01% |
| Jumbo | 6.86% | 6.85% | +0.01% |
Nashua Housing Market Overview
The Nashua housing market reflects moderate demand with prices near the national average. The median household income in Nashua is $72,250, and the cost of living index is 112.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $122,443 to comfortably afford the median-priced home in Nashua, which exceeds the current median household income.
Monthly Payment Breakdown for Nashua
Based on the median home price of $415,000 with 20% down ($83,000), here is what you can expect to pay monthly in Nashua:
15-Year vs. 30-Year Mortgage in Nashua
Choosing a 15-year mortgage in Nashua at 5.9% instead of a 30-year at 6.66% would save you $267,120 in total interest over the life of the loan. However, your monthly payment would be $2,784 instead of $2,134 — an increase of $650 per month.
Calculate Your Nashua 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 Nashua
What are the current mortgage rates in Nashua, NH?
As of March 2026, the average 30-year fixed mortgage rate in Nashua, New Hampshire is 6.66%, while the 15-year fixed rate is 5.9%. FHA loans average 6.26% and VA loans 6.06%. These rates are 0.01% above the national average of 6.65%.
How much is a monthly mortgage payment in Nashua?
Based on the median home price of $415,000 with 20% down, the estimated monthly mortgage payment in Nashua is $2,134 for principal and interest. Including property taxes of $723/month, the total monthly housing cost is approximately $2,857.
What income do I need to buy a home in Nashua?
Using the 28% rule, you would need an annual income of approximately $122,443 to afford the median-priced home in Nashua at $415,000. The median household income in Nashua is $72,250. This means most households would need to either earn above the median or consider homes below $415,000.
Is Nashua a good place to buy a home in 2026?
Nashua has a moderate cost of living with a cost of living index of 112.5 (national average = 100). The property tax rate in New Hampshire is 2.09%, which is above the national average. Nashua has a population of 91,322 and offers a balanced lifestyle.
Mortgage Rates in Other New Hampshire Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Nashua, New Hampshire area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.