Mortgage Rates in Vallejo, California — March 2026
Updated March 2026 | Based on Vallejo market data and regional lending conditions
Vallejo is a growing city in California with a population of 121,692. The current 30-year fixed mortgage rate in Vallejo is 6.55%, which is 0.1% below the national average. With a median home price of $485,000 and a 20% down payment of $97,000, homebuyers can expect a monthly principal and interest payment of approximately $2,465.
Current Mortgage Rates in Vallejo, CA
Below are the current average mortgage rates available in the Vallejo 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 | 6.55% | 6.65% | -0.1% |
| 15-Year Fixed | 5.79% | 5.89% | -0.1% |
| 5/1 ARM | 6.05% | 6.15% | -0.1% |
| FHA | 6.15% | 6.25% | -0.1% |
| VA | 5.95% | 6.05% | -0.1% |
| Jumbo | 6.75% | 6.85% | -0.1% |
Vallejo Housing Market Overview
The Vallejo housing market reflects moderate demand with prices near the national average. The median household income in Vallejo is $62,250, and the cost of living index is 112.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $118,800 to comfortably afford the median-priced home in Vallejo, which exceeds the current median household income.
Monthly Payment Breakdown for Vallejo
Based on the median home price of $485,000 with 20% down ($97,000), here is what you can expect to pay monthly in Vallejo:
15-Year vs. 30-Year Mortgage in Vallejo
Choosing a 15-year mortgage in Vallejo at 5.79% instead of a 30-year at 6.55% would save you $306,000 in total interest over the life of the loan. However, your monthly payment would be $3,230 instead of $2,465 — an increase of $765 per month.
Calculate Your Vallejo 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 Vallejo
What are the current mortgage rates in Vallejo, CA?
As of March 2026, the average 30-year fixed mortgage rate in Vallejo, California is 6.55%, while the 15-year fixed rate is 5.79%. FHA loans average 6.15% and VA loans 5.95%. These rates are 0.1% below the national average of 6.65%.
How much is a monthly mortgage payment in Vallejo?
Based on the median home price of $485,000 with 20% down, the estimated monthly mortgage payment in Vallejo is $2,465 for principal and interest. Including property taxes of $307/month, the total monthly housing cost is approximately $2,772.
What income do I need to buy a home in Vallejo?
Using the 28% rule, you would need an annual income of approximately $118,800 to afford the median-priced home in Vallejo at $485,000. The median household income in Vallejo is $62,250. This means most households would need to either earn above the median or consider homes below $485,000.
Is Vallejo a good place to buy a home in 2026?
Vallejo has a moderate cost of living with a cost of living index of 112.5 (national average = 100). The property tax rate in California is 0.76%, which is below the national average. Vallejo has a population of 121,692 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 Vallejo, California area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.