Mortgage Rates in Port Orchard, Washington — March 2026
Updated March 2026 | Based on Port Orchard market data and regional lending conditions
Port Orchard is a growing city in Washington with a population of 16,380. The current 30-year fixed mortgage rate in Port Orchard is 6.6%, which is 0.05% below the national average. With a median home price of $480,000 and a 20% down payment of $96,000, homebuyers can expect a monthly principal and interest payment of approximately $2,452.
Current Mortgage Rates in Port Orchard, WA
Below are the current average mortgage rates available in the Port Orchard 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 | 6.6% | 6.65% | -0.05% |
| 15-Year Fixed | 5.87% | 5.89% | -0.02% |
| 5/1 ARM | 6.16% | 6.15% | +0.01% |
| FHA | 6.43% | 6.25% | +0.18% |
| VA | 6.18% | 6.05% | +0.13% |
| Jumbo | 6.85% | 6.85% | 0% |
Port Orchard Housing Market Overview
The Port Orchard housing market reflects moderate demand with prices near the national average. The median household income in Port Orchard is $75,200, and the cost of living index is 115.6 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $121,029 to comfortably afford the median-priced home in Port Orchard, which exceeds the current median household income.
Monthly Payment Breakdown for Port Orchard
Based on the median home price of $480,000 with 20% down ($96,000), here is what you can expect to pay monthly in Port Orchard:
15-Year vs. 30-Year Mortgage in Port Orchard
Choosing a 15-year mortgage in Port Orchard at 5.87% instead of a 30-year at 6.6% would save you $304,200 in total interest over the life of the loan. However, your monthly payment would be $3,214 instead of $2,452 — an increase of $762 per month.
Calculate Your Port Orchard 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 Orchard
What are the current mortgage rates in Port Orchard, WA?
As of March 2026, the average 30-year fixed mortgage rate in Port Orchard, Washington is 6.6%, while the 15-year fixed rate is 5.87%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.05% below the national average of 6.65%.
How much is a monthly mortgage payment in Port Orchard?
Based on the median home price of $480,000 with 20% down, the estimated monthly mortgage payment in Port Orchard is $2,452 for principal and interest. Including property taxes of $372/month, the total monthly housing cost is approximately $2,824.
What income do I need to buy a home in Port Orchard?
Using the 28% rule, you would need an annual income of approximately $121,029 to afford the median-priced home in Port Orchard at $480,000. The median household income in Port Orchard is $75,200. This means most households would need to either earn above the median or consider homes below $480,000.
Is Port Orchard a good place to buy a home in 2026?
Port Orchard has a moderate cost of living with a cost of living index of 115.6 (national average = 100). The property tax rate in Washington is 0.93%, which is near the national average. Port Orchard has a population of 16,380 and offers a balanced lifestyle.
Mortgage Rates in Other Washington Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Port Orchard, Washington area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.