Mortgage Rates in Standish, Maine — March 2026
Updated March 2026 | Based on Standish market data and regional lending conditions
Standish is a growing city in Maine with a population of 11,371. The current 30-year fixed mortgage rate in Standish is 6.61%, which is 0.04% below the national average. With a median home price of $258,000 and a 20% down payment of $51,600, homebuyers can expect a monthly principal and interest payment of approximately $1,320.
Current Mortgage Rates in Standish, ME
Below are the current average mortgage rates available in the Standish 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 | 6.61% | 6.65% | -0.04% |
| 15-Year Fixed | 5.88% | 5.89% | -0.01% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.43% | 6.25% | +0.18% |
| VA | 6.18% | 6.05% | +0.13% |
| Jumbo | 6.86% | 6.85% | +0.01% |
Standish Housing Market Overview
The Standish housing market offers relatively affordable housing compared to many major cities. The median household income in Standish is $56,300, and the cost of living index is 98.9 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $69,857 to comfortably afford the median-priced home in Standish, which exceeds the current median household income.
Monthly Payment Breakdown for Standish
Based on the median home price of $258,000 with 20% down ($51,600), here is what you can expect to pay monthly in Standish:
15-Year vs. 30-Year Mortgage in Standish
Choosing a 15-year mortgage in Standish at 5.88% instead of a 30-year at 6.61% would save you $164,160 in total interest over the life of the loan. However, your monthly payment would be $1,728 instead of $1,320 — an increase of $408 per month.
Calculate Your Standish 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 Standish
What are the current mortgage rates in Standish, ME?
As of March 2026, the average 30-year fixed mortgage rate in Standish, Maine is 6.61%, while the 15-year fixed rate is 5.88%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.04% below the national average of 6.65%.
How much is a monthly mortgage payment in Standish?
Based on the median home price of $258,000 with 20% down, the estimated monthly mortgage payment in Standish is $1,320 for principal and interest. Including property taxes of $310/month, the total monthly housing cost is approximately $1,630.
What income do I need to buy a home in Standish?
Using the 28% rule, you would need an annual income of approximately $69,857 to afford the median-priced home in Standish at $258,000. The median household income in Standish is $56,300. This means most households would need to either earn above the median or consider homes below $258,000.
Is Standish a good place to buy a home in 2026?
Standish offers a below-average cost of living with a cost of living index of 98.9 (national average = 100). The property tax rate in Maine is 1.44%, which is near the national average. Standish has a population of 11,371 and offers a balanced lifestyle.
Mortgage Rates in Other Maine Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Standish, Maine area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.