Mortgage Rates in Soledad, California — March 2026
Updated March 2026 | Based on Soledad market data and regional lending conditions
Soledad is a growing city in California with a population of 25,738. The current 30-year fixed mortgage rate in Soledad is 6.86%, which is 0.21% above the national average. With a median home price of $656,000 and a 20% down payment of $131,200, homebuyers can expect a monthly principal and interest payment of approximately $3,442.
Current Mortgage Rates in Soledad, CA
Below are the current average mortgage rates available in the Soledad 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 | 6.31% | 6.15% | +0.16% |
| FHA | 6.55% | 6.25% | +0.3% |
| VA | 6.3% | 6.05% | +0.25% |
| Jumbo | 7.11% | 6.85% | +0.26% |
Soledad Housing Market Overview
The Soledad housing market is competitive with prices well above the national median. The median household income in Soledad is $76,200, and the cost of living index is 140.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $165,086 to comfortably afford the median-priced home in Soledad, which exceeds the current median household income.
Monthly Payment Breakdown for Soledad
Based on the median home price of $656,000 with 20% down ($131,200), here is what you can expect to pay monthly in Soledad:
15-Year vs. 30-Year Mortgage in Soledad
Choosing a 15-year mortgage in Soledad at 6.08% instead of a 30-year at 6.86% would save you $437,940 in total interest over the life of the loan. However, your monthly payment would be $4,451 instead of $3,442 — an increase of $1,009 per month.
Calculate Your Soledad Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Soledad
What are the current mortgage rates in Soledad, CA?
As of March 2026, the average 30-year fixed mortgage rate in Soledad, California is 6.86%, while the 15-year fixed rate is 6.08%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.21% above the national average of 6.65%.
How much is a monthly mortgage payment in Soledad?
Based on the median home price of $656,000 with 20% down, the estimated monthly mortgage payment in Soledad is $3,442 for principal and interest. Including property taxes of $410/month, the total monthly housing cost is approximately $3,852.
What income do I need to buy a home in Soledad?
Using the 28% rule, you would need an annual income of approximately $165,086 to afford the median-priced home in Soledad at $656,000. The median household income in Soledad is $76,200. This means most households would need to either earn above the median or consider homes below $656,000.
Is Soledad a good place to buy a home in 2026?
Soledad has a higher cost of living than average with a cost of living index of 140.5 (national average = 100). The property tax rate in California is 0.75%, which is below the national average. Soledad has a population of 25,738 and offers a balanced lifestyle.
Mortgage Rates in Other California Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Soledad, California area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.