Mortgage Rates in Sunny Isles Beach, Florida — March 2026
Updated March 2026 | Based on Sunny Isles Beach market data and regional lending conditions
Sunny Isles Beach is a growing city in Florida with a population of 22,342. The current 30-year fixed mortgage rate in Sunny Isles Beach is 6.61%, which is 0.04% below the national average. With a median home price of $382,000 and a 20% down payment of $76,400, homebuyers can expect a monthly principal and interest payment of approximately $1,954.
Current Mortgage Rates in Sunny Isles Beach, FL
Below are the current average mortgage rates available in the Sunny Isles Beach 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% |
Sunny Isles Beach Housing Market Overview
The Sunny Isles Beach housing market reflects moderate demand with prices near the national average. The median household income in Sunny Isles Beach is $61,600, and the cost of living index is 93.9 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $94,929 to comfortably afford the median-priced home in Sunny Isles Beach, which exceeds the current median household income.
Monthly Payment Breakdown for Sunny Isles Beach
Based on the median home price of $382,000 with 20% down ($76,400), here is what you can expect to pay monthly in Sunny Isles Beach:
15-Year vs. 30-Year Mortgage in Sunny Isles Beach
Choosing a 15-year mortgage in Sunny Isles Beach at 5.88% instead of a 30-year at 6.61% would save you $242,820 in total interest over the life of the loan. However, your monthly payment would be $2,559 instead of $1,954 — an increase of $605 per month.
Calculate Your Sunny Isles Beach 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 Sunny Isles Beach
What are the current mortgage rates in Sunny Isles Beach, FL?
As of March 2026, the average 30-year fixed mortgage rate in Sunny Isles Beach, Florida 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 Sunny Isles Beach?
Based on the median home price of $382,000 with 20% down, the estimated monthly mortgage payment in Sunny Isles Beach is $1,954 for principal and interest. Including property taxes of $261/month, the total monthly housing cost is approximately $2,215.
What income do I need to buy a home in Sunny Isles Beach?
Using the 28% rule, you would need an annual income of approximately $94,929 to afford the median-priced home in Sunny Isles Beach at $382,000. The median household income in Sunny Isles Beach is $61,600. This means most households would need to either earn above the median or consider homes below $382,000.
Is Sunny Isles Beach a good place to buy a home in 2026?
Sunny Isles Beach offers a below-average cost of living with a cost of living index of 93.9 (national average = 100). The property tax rate in Florida is 0.82%, which is near the national average. Sunny Isles Beach has a population of 22,342 and offers a very affordable lifestyle.
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Sunny Isles Beach, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.