Mortgage Rates in Port Jefferson, New York — March 2026
Updated March 2026 | Based on Port Jefferson market data and regional lending conditions
Port Jefferson is a growing city in New York with a population of 7,966. The current 30-year fixed mortgage rate in Port Jefferson is 6.84%, which is 0.19% above the national average. With a median home price of $370,000 and a 20% down payment of $74,000, homebuyers can expect a monthly principal and interest payment of approximately $1,938.
Current Mortgage Rates in Port Jefferson, NY
Below are the current average mortgage rates available in the Port Jefferson 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 | 6.84% | 6.65% | +0.19% |
| 15-Year Fixed | 6.06% | 5.89% | +0.17% |
| 5/1 ARM | 6.3% | 6.15% | +0.15% |
| FHA | 6.55% | 6.25% | +0.3% |
| VA | 6.3% | 6.05% | +0.25% |
| Jumbo | 7.09% | 6.85% | +0.24% |
Port Jefferson Housing Market Overview
The Port Jefferson housing market reflects moderate demand with prices near the national average. The median household income in Port Jefferson is $75,000, and the cost of living index is 138.2 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $106,586 to comfortably afford the median-priced home in Port Jefferson, which exceeds the current median household income.
Monthly Payment Breakdown for Port Jefferson
Based on the median home price of $370,000 with 20% down ($74,000), here is what you can expect to pay monthly in Port Jefferson:
15-Year vs. 30-Year Mortgage in Port Jefferson
Choosing a 15-year mortgage in Port Jefferson at 6.06% instead of a 30-year at 6.84% would save you $246,420 in total interest over the life of the loan. However, your monthly payment would be $2,507 instead of $1,938 — an increase of $569 per month.
Calculate Your Port Jefferson 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 Port Jefferson
What are the current mortgage rates in Port Jefferson, NY?
As of March 2026, the average 30-year fixed mortgage rate in Port Jefferson, New York is 6.84%, while the 15-year fixed rate is 6.06%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.19% above the national average of 6.65%.
How much is a monthly mortgage payment in Port Jefferson?
Based on the median home price of $370,000 with 20% down, the estimated monthly mortgage payment in Port Jefferson is $1,938 for principal and interest. Including property taxes of $549/month, the total monthly housing cost is approximately $2,487.
What income do I need to buy a home in Port Jefferson?
Using the 28% rule, you would need an annual income of approximately $106,586 to afford the median-priced home in Port Jefferson at $370,000. The median household income in Port Jefferson is $75,000. This means most households would need to either earn above the median or consider homes below $370,000.
Is Port Jefferson a good place to buy a home in 2026?
Port Jefferson has a higher cost of living than average with a cost of living index of 138.2 (national average = 100). The property tax rate in New York is 1.78%, which is above the national average. Port Jefferson has a population of 7,966 and offers a balanced lifestyle.
Mortgage Rates in Other New York Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Port Jefferson, New York area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.