Mortgage Rates in Suitland, Maryland — April 2026
Updated April 2026 | Based on Suitland market data and regional lending conditions
Suitland is a smaller Maryland community of 22,061 where the housing market reflects local economic conditions. The current 30-year fixed rate here is 6.82% (0.17% above the national average). At a median home price of $325,000, the estimated $2,039/month payment (with 20% down) is affordable on the local median income of $89,500.
Current Mortgage Rates in Suitland, MD
Below are the current average mortgage rates available in the Suitland area as of April 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 | 6.82% | 6.65% | +0.17% |
| 15-Year Fixed | 6.04% | 5.89% | +0.15% |
| 5/1 ARM | 6.29% | 6.15% | +0.14% |
| FHA | 6.53% | 6.25% | +0.28% |
| VA | 6.28% | 6.05% | +0.23% |
| Jumbo | 7.07% | 6.85% | +0.22% |
Suitland Housing Market Overview
Housing in Suitland sits near the national average at $325,000. With a median household income of $89,500 and a cost of living index of 109.7, most local earners can qualify for a mortgage on a median-priced home.
Monthly Payment Breakdown for Suitland
Based on the median home price of $325,000 with 20% down ($65,000), here is what you can expect to pay monthly in Suitland:
15-Year vs. 30-Year Mortgage in Suitland
Choosing a 15-year mortgage in Suitland at 6.04% instead of a 30-year at 6.82% would save you $215,280 in total interest over the life of the loan. However, your monthly payment would be $2,200 instead of $1,698 — an increase of $502 per month.
Calculate Your Suitland 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 Suitland
What are the current mortgage rates in Suitland, MD?
As of April 2026, the average 30-year fixed mortgage rate in Suitland, Maryland is 6.82%, while the 15-year fixed rate is 6.04%. FHA loans average 6.53% and VA loans 6.28%. These rates are 0.17% above the national average of 6.65%.
How much is a monthly mortgage payment in Suitland?
Based on the median home price of $325,000 with 20% down, the estimated monthly mortgage payment in Suitland is $1,698 for principal and interest. Including property taxes of $341/month, the total monthly housing cost is approximately $2,039.
What income do I need to buy a home in Suitland?
Using the 28% rule, you would need an annual income of approximately $87,386 to afford the median-priced home in Suitland at $325,000. The median household income in Suitland is $89,500. The median income is currently sufficient to meet this threshold.
Is Suitland a good place to buy a home in 2026?
Suitland has a moderate cost of living with a cost of living index of 109.7 (national average = 100). The property tax rate in Maryland is 1.26%, which is near the national average. Suitland has a population of 22,061 and offers a balanced lifestyle.
Mortgage Rates in Other Maryland Cities
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Last updated: April 2026. Rates are approximate averages based on regional lending data for the Suitland, Maryland area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.