Mortgage Rates in Pasco, Washington — March 2026
Updated March 2026 | Based on Pasco market data and regional lending conditions
Pasco is a growing city in Washington with a population of 77,571. The current 30-year fixed mortgage rate in Pasco is 6.86%, which is 0.21% above the national average. With a median home price of $510,000 and a 20% down payment of $102,000, homebuyers can expect a monthly principal and interest payment of approximately $2,676.
Current Mortgage Rates in Pasco, WA
Below are the current average mortgage rates available in the Pasco 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 | 6.86% | 6.65% | +0.21% |
| 15-Year Fixed | 6.08% | 5.89% | +0.19% |
| 5/1 ARM | 6.32% | 6.15% | +0.17% |
| FHA | 6.56% | 6.25% | +0.31% |
| VA | 6.31% | 6.05% | +0.26% |
| Jumbo | 7.11% | 6.85% | +0.26% |
Pasco Housing Market Overview
The Pasco housing market is competitive with prices well above the national median. The median household income in Pasco is $80,300, and the cost of living index is 111.3 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $130,886 to comfortably afford the median-priced home in Pasco, which exceeds the current median household income.
Monthly Payment Breakdown for Pasco
Based on the median home price of $510,000 with 20% down ($102,000), here is what you can expect to pay monthly in Pasco:
15-Year vs. 30-Year Mortgage in Pasco
Choosing a 15-year mortgage in Pasco at 6.08% instead of a 30-year at 6.86% would save you $340,380 in total interest over the life of the loan. However, your monthly payment would be $3,461 instead of $2,676 — an increase of $785 per month.
Calculate Your Pasco 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 Pasco
What are the current mortgage rates in Pasco, WA?
As of March 2026, the average 30-year fixed mortgage rate in Pasco, Washington is 6.86%, while the 15-year fixed rate is 6.08%. FHA loans average 6.56% and VA loans 6.31%. These rates are 0.21% above the national average of 6.65%.
How much is a monthly mortgage payment in Pasco?
Based on the median home price of $510,000 with 20% down, the estimated monthly mortgage payment in Pasco is $2,676 for principal and interest. Including property taxes of $378/month, the total monthly housing cost is approximately $3,054.
What income do I need to buy a home in Pasco?
Using the 28% rule, you would need an annual income of approximately $130,886 to afford the median-priced home in Pasco at $510,000. The median household income in Pasco is $80,300. This means most households would need to either earn above the median or consider homes below $510,000.
Is Pasco a good place to buy a home in 2026?
Pasco has a moderate cost of living with a cost of living index of 111.3 (national average = 100). The property tax rate in Washington is 0.89%, which is near the national average. Pasco has a population of 77,571 and offers a balanced lifestyle.
Mortgage Rates in Other Washington Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Pasco, Washington area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.