Mortgage Rates in Naugatuck, Connecticut — March 2026
Updated March 2026 | Based on Naugatuck market data and regional lending conditions
Naugatuck is a growing city in Connecticut with a population of 31,519. The current 30-year fixed mortgage rate in Naugatuck is 6.75%, which is 0.1% above the national average. With a median home price of $245,000 and a 20% down payment of $49,000, homebuyers can expect a monthly principal and interest payment of approximately $1,271.
Current Mortgage Rates in Naugatuck, CT
Below are the current average mortgage rates available in the Naugatuck 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 | 6.75% | 6.65% | +0.1% |
| 15-Year Fixed | 5.99% | 5.89% | +0.1% |
| 5/1 ARM | 6.25% | 6.15% | +0.1% |
| FHA | 6.35% | 6.25% | +0.1% |
| VA | 6.15% | 6.05% | +0.1% |
| Jumbo | 6.95% | 6.85% | +0.1% |
Naugatuck Housing Market Overview
The Naugatuck housing market offers relatively affordable housing compared to many major cities. The median household income in Naugatuck is $52,000, and the cost of living index is 105 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $68,657 to comfortably afford the median-priced home in Naugatuck, which exceeds the current median household income.
Monthly Payment Breakdown for Naugatuck
Based on the median home price of $245,000 with 20% down ($49,000), here is what you can expect to pay monthly in Naugatuck:
15-Year vs. 30-Year Mortgage in Naugatuck
Choosing a 15-year mortgage in Naugatuck at 5.99% instead of a 30-year at 6.75% would save you $160,020 in total interest over the life of the loan. However, your monthly payment would be $1,653 instead of $1,271 — an increase of $382 per month.
Calculate Your Naugatuck Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Naugatuck
What are the current mortgage rates in Naugatuck, CT?
As of March 2026, the average 30-year fixed mortgage rate in Naugatuck, Connecticut is 6.75%, while the 15-year fixed rate is 5.99%. FHA loans average 6.35% and VA loans 6.15%. These rates are 0.1% above the national average of 6.65%.
How much is a monthly mortgage payment in Naugatuck?
Based on the median home price of $245,000 with 20% down, the estimated monthly mortgage payment in Naugatuck is $1,271 for principal and interest. Including property taxes of $331/month, the total monthly housing cost is approximately $1,602.
What income do I need to buy a home in Naugatuck?
Using the 28% rule, you would need an annual income of approximately $68,657 to afford the median-priced home in Naugatuck at $245,000. The median household income in Naugatuck is $52,000. This means most households would need to either earn above the median or consider homes below $245,000.
Is Naugatuck a good place to buy a home in 2026?
Naugatuck has a moderate cost of living with a cost of living index of 105 (national average = 100). The property tax rate in Connecticut is 1.62%, which is above the national average. Naugatuck has a population of 31,519 and offers a balanced lifestyle.
Mortgage Rates in Other Connecticut Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Naugatuck, Connecticut area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.