Mortgage Rates in The Villages, FloridaApril 2026

Updated April 2026 | Based on The Villages market data and regional lending conditions

30-Year Fixed
6.6%
15-Year Fixed
5.87%
Median Home Price
$382,000
Est. Monthly Payment
$2,239

With a population of 51,442, The Villages, Florida offers a cost of living close to the national average. The current 30-year fixed rate here is 6.6% (0.51% above the national average). The median home price of $382,000 translates to roughly $2,239/month with 20% down — requiring an income of about $95,957, which exceeds the local median of $55,800.

Whether you call it a 30-year mortgage, 30-year home loan, 30-year house loan, or 30-year mortgage loan, the underlying product is the same: a fixed-rate amortizing loan paid over 360 months. In The Villages, FL, the current 30-year rate is 6.6%. Shorter terms (15-year fixed at 5.87% or 20-year fixed, typically priced between the 15- and 30-year) reduce total interest paid but increase monthly payments — see our 15-year vs 30-year comparison for the math. Government-backed options include FHA loans (6.43%) and VA loans (6.18%), often available at lower rates with reduced down payment requirements.

Current Mortgage Rates in The Villages, FL

Below are the current average mortgage rates available in the The Villages 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 TypeRateNational AvgDifference
30-Year Fixed6.6%6.09%+0.51%
15-Year Fixed5.87%5.58%+0.29%
5/1 ARM6.16%5.95%+0.21%
FHA6.43%5.85%+0.58%
VA6.18%5.65%+0.53%
Jumbo6.85%6.25%+0.6%

The Villages Housing Market Overview

Housing in The Villages sits near the national average at $382,000. With a median household income of $55,800 and a cost of living index of 105.8, some buyers may need to look at lower price points or consider larger down payments.

Population
51,442
Median Income
$55,800
Property Tax Rate
0.9%
Cost of Living
105.8
Down Payment (20%)
$76,400
Income Needed
$95,957

Monthly Payment Breakdown for The Villages

Based on the median home price of $382,000 with 20% down ($76,400), here is what you can expect to pay monthly in The Villages:

Principal & Interest (30-yr at 6.6%)$1,952
Property Tax$287
Estimated Insurance$96
Total Estimated Monthly$2,335

15-Year vs. 30-Year Mortgage in The Villages

Choosing a 15-year mortgage in The Villages at 5.87% instead of a 30-year at 6.6% would save you $242,460 in total interest over the life of the loan. However, your monthly payment would be $2,557 instead of $1,952 — an increase of $605 per month.

Calculate Your The Villages Mortgage Payment

Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.

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Frequently Asked Questions About Mortgages in The Villages

What are the current mortgage rates in The Villages, FL?

As of April 2026, the average 30-year fixed mortgage rate in The Villages, Florida is 6.6%, while the 15-year fixed rate is 5.87%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.51% above the national average of 6.09%.

How much is a monthly mortgage payment in The Villages?

Based on the median home price of $382,000 with 20% down, the estimated monthly mortgage payment in The Villages is $1,952 for principal and interest. Including property taxes of $287/month, the total monthly housing cost is approximately $2,239.

What income do I need to buy a home in The Villages?

Using the 28% rule, you would need an annual income of approximately $95,957 to afford the median-priced home in The Villages at $382,000. The median household income in The Villages is $55,800. This means most households would need to either earn above the median or consider homes below $382,000.

Is The Villages a good place to buy a home in 2026?

The Villages has a moderate cost of living with a cost of living index of 105.8 (national average = 100). The property tax rate in Florida is 0.9%, which is near the national average. The Villages has a population of 51,442 and offers a balanced lifestyle.

Mortgage Rates in Other Florida Cities

Jacksonville, FL
6.67% | $289,000
Miami, FL
6.67% | $555,000
Tampa, FL
6.67% | $385,000
Orlando, FL
6.67% | $375,000
St. Petersburg, FL
6.67% | $355,000

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📊 Sources & Methodology

  • 30-yr/15-yr fixed rates: Freddie Mac Primary Mortgage Market Survey (PMMS), weekly national average adjusted for Florida regional spread.
  • Median home price: $382,000 sourced from Redfin / Zillow real estate listings (2026 data).
  • Property tax rate: 0.9% effective rate per Tax Foundation 2026 state property tax data.
  • Median household income: $55,800 per US Census Bureau ACS 5-year estimate.
  • Calculations: standard amortization formula M = P[r(1+r)^n] / [(1+r)^n − 1], with r = monthly rate, n = 360 months, P = loan amount (80% of home price).

Last updated: April 2026. Rates are approximate averages based on regional lending data for the The Villages, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.