Clearwater · Pinellas County pricing
Today’s Clearwater Mortgage Rates
Live Pinellas County mortgage rates for Clearwater homes and condos, and a clear answer to the question most buyers really have: at today’s rate, what price fits my monthly budget once taxes and insurance are counted?
See Live Clearwater Mortgage Rates And Closing Costs!
No points, no credit
0.250 points
$64 lender credit
0.292 points
0.410 points
Par rate per program for a single-family primary residence in Pinellas County, 20% down, 780+ credit, 30-day lock, escrows included. Rates change through the day and are not a commitment to lend. Price your own Clearwater scenario, no credit pull.
Clearwater’s Mortgage Broker Offering the Lowest Rates
We specialize in Clearwater residential mortgages.
Clearwater buyers often have their budget set before they have a house in mind: a monthly figure they are comfortable with. Lenders, though, quote rates, and listing sites quote prices. On Mortgage connects the two. We shop the rate across many wholesale lenders, then estimate the full payment, taxes and insurance included, so you know which listings genuinely fit.
Get your own quote through the Pinellas County rate finder, or see the Clearwater mortgage broker page for what to know about buying after the 2024 hurricanes.
Clearwater Mortgage Rates Today: Unlock the Best Deals for Your Home Loan
Pinellas County’s 30-year fixed is pricing at 6.750% this morning (10/26/2026) for a well-qualified owner-occupant with 20% down.
Working backward from that rate, this is roughly the most a Clearwater buyer could pay at four monthly budgets, counting principal and interest at 20% down plus homesteaded property tax and the county’s average homeowners insurance scaled to the price:
| Monthly budget | Home price it supports | Principal and interest | Taxes and insurance | Down payment (20%) |
|---|---|---|---|---|
| $2,200/mo | about $318,000 | $1,655 | $545 | $63,600 |
| $2,700/mo | about $391,000 | $2,031 | $669 | $78,200 |
| $3,200/mo | about $463,000 | $2,407 | $793 | $92,600 |
| $3,900/mo | about $565,000 | $2,934 | $966 | $113,000 |
At 6.750% par pricing for a Pinellas primary residence. Flood insurance, HOA or condo dues and mortgage insurance on smaller down payments are not included and can be substantial. Clearwater’s city levy is part of the county total used here.
Two things stand out. First, taxes and insurance take a large bite in Pinellas, so a budget buys less house here than the rate alone suggests. Second, every quarter point you save on the rate stretches the budget further, which is why comparing lenders is worth the effort. If your target home is in a flood zone, add the flood premium before you settle on a price; it can range from a few hundred dollars a year for an elevated home to several thousand for an older, low-lying one.
Clearwater Refinance Rates: Refinancing Your Home for Better Terms
$531 lender credit
0.250 points
$64 lender credit
0.292 points
$1,748 lender credit
Rate-and-term refinance quotes for a Pinellas County single-family primary residence with 20% equity and excellent credit. Condo, cash-out and investment refinances price differently. Price your own Clearwater scenario, no credit pull.
Since the 2024 hurricane season, many Clearwater refinances have had less to do with rate and more to do with the house. Owners have used cash-out refinances to fund roofs, impact windows, elevation work or repairs that insurance did not fully cover, and some have used the improvements to qualify for lower premiums afterward.
If you are considering that route, the appraisal matters: lenders value the home as it stands, so completed repairs help. For larger projects, a renovation loan can base the loan on the after-repair value. Use our refinance calculator to compare, and see the refinance options available.
Clearwater 30-Year Mortgage Rates: Long-Term Stability for Homebuyers
Most Clearwater buyers choose the 30-year fixed because it gives the most room in the monthly budget, which matters with Pinellas escrow costs. Retirees downsizing from a paid-off home sometimes prefer the 15-year. On an illustrative $365,000 pool home in Countryside, the two compare like this today:
| $365,000 home, 20% down ($292,000 loan) | 30-year fixed at 6.750% | 15-year fixed at 5.875% |
|---|---|---|
| Monthly principal and interest | $1,894 | $2,444 |
| Total interest over the full term | $389,806 | $147,989 |
| Each 0.25% in rate changes the payment by | about $49 a month on the 30-year | |
Pinellas County owner-occupied pricing at par; principal and interest only. The 15-year requires a higher payment but builds equity much faster.
The longer term also leaves a cushion for insurance renewals, which have been the least predictable part of the Pinellas payment. You can always pay extra on a 30-year; you cannot make a 15-year payment smaller without refinancing.
Clearwater Best Mortgage Lenders: Your Trusted Partner in Home Financing
Older-home lenders
Comfortable with 1950s to 1970s ranch homes, older roofs and the inspections insurers require.
Beach condo lenders
For Clearwater Beach and Sand Key buildings, including non-warrantable projects and those rebuilding after storm damage.
Renovation lenders
FHA 203(k) and conventional renovation loans for homes that need work before or after closing.
Retiree-friendly lenders
Qualifying on Social Security, pensions and retirement account withdrawals.
Vacation rental lenders
For investors buying near the beach; see Clearwater DSCR loans.
Jumbo lenders
For Island Estates and waterfront homes; see Clearwater jumbo rates.
Clearwater FHA Loan Rates: Affordable Homeownership Solutions
FHA fits much of Clearwater’s inland housing: older single-family homes in neighborhoods such as Skycrest and Morningside, townhomes and villas, with 3.5% down at a credit score of 580 or above. Gift funds can cover the down payment, and FHA’s debt-to-income allowances help when insurance pushes the payment up.
FHA appraisers check that a home is safe and sound, so roofs near the end of their life or storm damage need attention first. The 203(k) program combines the purchase and repairs in one FHA loan. See the Clearwater FHA loan guide for current Pinellas County limits.
Find the Best Clearwater Mortgage Rates with On Mortgage
Clearwater has the Gulf, a beach that regularly appears on national best-of lists, and easy access to Tampa and St. Petersburg. On Mortgage offers competitive rates and the right loan for buyers and owners across the city, from beachfront condos to family homes inland.
Clearwater’s Real Estate Market Overview
Clearwater’s median sale sat around $355,000 in mid-2026, with homes usually under contract in about two months. The market has cooled to a more even balance between buyers and sellers. Prices vary sharply with location and elevation: Island Estates and beach properties trade far higher, and elevated or newer homes command a premium because they cost less to insure.
Living in Clearwater
Clearwater Beach and Pier 60 draw visitors year round, the Clearwater Marine Aquarium and the downtown waterfront park anchor the bayfront, and Countryside offers suburban shopping and schools in the north of the city. Tampa International Airport is about half an hour across the Courtney Campbell Causeway.
Beach and barrier islands
Condos and vacation homes where association finances, flood coverage and rental rules shape the loan.
Mainland neighborhoods
Established homes from Harbor Oaks to Countryside, many on higher ground with lower flood costs.
Clearwater homeowners insurance and property taxes
These are the figures behind the budget table above. Pinellas has the highest average homeowners premium in the Tampa Bay area and one of the higher county millage rates in Florida, so escrow often runs a large share of a Clearwater payment. Here is the estimate for a homesteaded single-family home at the median.
Sources: Florida county homeowners insurance premiums (worthinsurance.com) and county total millage (movewithmomentum.com), updated October 2026. Your own premium depends on the home’s age, roof, construction and wind mitigation features, and flood coverage is a separate policy. Property tax and homeowners insurance are estimates (1.2% and 0.85% of the home’s value per year). Your actual taxes and insurance premium depend on the property, exemptions and the policy you choose, and will be confirmed on your Loan Estimate. Run your own numbers.
Clearwater Mortgage Rate Trends
With the market near balance, Clearwater buyers have more choice and more time than they did a few years ago. The biggest local variable has been insurance, as carriers re-priced coastal Pinellas after 2024 and new companies entered the state. Rates themselves track national markets, but the total payment here depends just as much on the policy.
We follow Pinellas pricing daily and can help you decide when to lock, and we get insurance and flood quotes in early so the budget you plan on is the one you close with.
Why Choose On Mortgage for the Best Clearwater Mortgage Rates?
Clearwater buyers need the full picture, not just a rate. Here is what we provide:
Competitive mortgage rates for single-family homes and condos
Shopped across many lenders, including those comfortable with older homes.
FHA loans with low down payment options
3.5% down and 203(k) renovation financing.
VA loans with exclusive benefits for veterans
Zero down for eligible service members and veterans.
Refinancing solutions to secure lower mortgage rates
Rate reductions and cash out for storm upgrades.
Jumbo loans for luxury properties
Waterfront and beach homes above conforming limits.
Budget-first planning
We show the price range your payment supports before you shop.
Our Reviews
What Florida borrowers say after closing with On Mortgage. Five stars on Google (130 reviews) and Zillow (92 reviews).
“We cannot say enough amazing things about Caroline! As a first-time homebuyer, this was such a huge and exciting milestone for us, and we’re so grateful that we had her by our side throughout the entire process. Caroline was incredibly knowledgeable, patient, responsive, and supportive from beginning to end.”
“I had an amazing experience working with Ms. Caroline Da Silva throughout my entire home-buying process. From day one, she was professional, knowledgeable, responsive, and always there whenever I had questions. She kept me updated every step of the way and made everything easy to understand.”
“Caroline was great. Always responsive and available whenever I needed assistance or had questions. 10/10 would recommend to any veteran or anyone for that matter.”
Clearwater mortgage rates: your questions
How much house can I afford in Clearwater?
It depends on your rate, down payment and the property’s taxes and insurance. The table above shows the approximate price supported by several monthly budgets at today’s rate with 20% down. Flood insurance and HOA dues reduce those figures, so we include them once you have a property in mind.
Do I need flood insurance for a Clearwater home?
If the home is in a FEMA high-risk flood zone and has a federally backed mortgage, flood insurance is required. Even outside those zones, it is often worth carrying near the coast. Premiums under FEMA’s current rating system depend on the individual home’s elevation and characteristics.
Are Clearwater mortgage rates different from Tampa?
The base rate for the same loan is generally similar across Tampa Bay. What differs is the total payment: Pinellas insurance and property taxes tend to be higher than in Hillsborough, so the same rate produces a larger monthly cost.
Can I buy a Clearwater Beach condo with a mortgage?
Yes, but the building must meet lender requirements on reserves, insurance and inspections. Some beach buildings are non-warrantable because of rental activity or ongoing repairs, which calls for a specialist lender. We check before you sign a contract.
Is now a good time to refinance in Clearwater?
It depends on your current rate and plans. A refinance may also make sense to fund storm upgrades that lower insurance. Compare the monthly savings with the costs and see how long it takes to break even.
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Contact On Mortgage for the Best Clearwater Mortgage Rates
Tell us your monthly budget and the kind of Clearwater home you want, and we will show you the rate, the full payment and the price range that fits. Call or start a quote today.