Mortgage Rates in Port Washington, Wisconsin — March 2026
Updated March 2026 | Based on Port Washington market data and regional lending conditions
Port Washington is a growing city in Wisconsin with a population of 12,075. The current 30-year fixed mortgage rate in Port Washington is 6.9%, which is 0.25% above the national average. With a median home price of $197,000 and a 20% down payment of $39,400, homebuyers can expect a monthly principal and interest payment of approximately $1,038.
Current Mortgage Rates in Port Washington, WI
Below are the current average mortgage rates available in the Port Washington 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 | 6.9% | 6.65% | +0.25% |
| 15-Year Fixed | 6.11% | 5.89% | +0.22% |
| 5/1 ARM | 6.34% | 6.15% | +0.19% |
| FHA | 6.57% | 6.25% | +0.32% |
| VA | 6.32% | 6.05% | +0.27% |
| Jumbo | 7.15% | 6.85% | +0.3% |
Port Washington Housing Market Overview
The Port Washington housing market offers relatively affordable housing compared to many major cities. The median household income in Port Washington is $56,500, and the cost of living index is 88.1 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $57,086 to comfortably afford the median-priced home in Port Washington, which exceeds the current median household income.
Monthly Payment Breakdown for Port Washington
Based on the median home price of $197,000 with 20% down ($39,400), here is what you can expect to pay monthly in Port Washington:
15-Year vs. 30-Year Mortgage in Port Washington
Choosing a 15-year mortgage in Port Washington at 6.11% instead of a 30-year at 6.9% would save you $132,660 in total interest over the life of the loan. However, your monthly payment would be $1,339 instead of $1,038 — an increase of $301 per month.
Calculate Your Port Washington 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 Washington
What are the current mortgage rates in Port Washington, WI?
As of March 2026, the average 30-year fixed mortgage rate in Port Washington, Wisconsin is 6.9%, while the 15-year fixed rate is 6.11%. FHA loans average 6.57% and VA loans 6.32%. These rates are 0.25% above the national average of 6.65%.
How much is a monthly mortgage payment in Port Washington?
Based on the median home price of $197,000 with 20% down, the estimated monthly mortgage payment in Port Washington is $1,038 for principal and interest. Including property taxes of $294/month, the total monthly housing cost is approximately $1,332.
What income do I need to buy a home in Port Washington?
Using the 28% rule, you would need an annual income of approximately $57,086 to afford the median-priced home in Port Washington at $197,000. The median household income in Port Washington is $56,500. This means most households would need to either earn above the median or consider homes below $197,000.
Is Port Washington a good place to buy a home in 2026?
Port Washington offers a below-average cost of living with a cost of living index of 88.1 (national average = 100). The property tax rate in Wisconsin is 1.79%, which is above the national average. Port Washington has a population of 12,075 and offers a very affordable lifestyle.
Mortgage Rates in Other Wisconsin Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Port Washington, Wisconsin area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.