St Augustine, Florida Refinance Rates - October 2026
Brian McKay
Brian McKay
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St Augustine, Florida mortgage refinance rates from lenders serving Florida range from 5.50% to 7.88%, verified by MonitorBankRates as of October 14, 2026. Current mortgage refinance rates for St Augustine, Florida borrowers from lenders serving Florida include HSBC Bank USAHSBC Bank USAA+5.0 ★Texas Ratio: 4.86% at 7.75%, Radiant Credit UnionRadiant Credit UnionA+5.0 ★Texas Ratio: 3.03% at 5.99%, Florida Central Credit UnionFlorida Central Credit UnionA+5.0 ★Texas Ratio: 5.46% at 5.85%, SUMA Federal Credit UnionSUMA Federal Credit UnionA5.0 ★Texas Ratio: 12.06% at 6.25%, and Peoples Alliance Federal Credit UnionPeoples Alliance Federal Credit UnionA+5.0 ★Texas Ratio: 3.34% at 6.375%. Refinance rates as of October 14, 2026 according to verified data from MonitorBankRates.
St Augustine homeowners can compare 145 refinance rates from 33 lenders serving the Florida area, with refinance rates as low as 5.85% from Florida Central Credit Union. Lenders below quote one rate for purchase and refinance loans. Use the tabs below to compare available loan types, then run the break-even calculator. Rates are continually updated, so we recommend checking back frequently.
Refinance rates reflect actual verified offers from lenders actively lending to Florida homeowners. Your final approved rate will depend on your credit profile, loan-to-value ratio, cash-out amount, and daily market movements. Last Updated and Verified: October 14, 2026
Compare Refinance Rates Today in St Augustine, Florida & the Surrounding Area
Rates shown are each lender’s posted rate for that loan type, which most lenders apply to purchase and refinance loans alike. Local St Augustine, FL lenders are listed first in every tab. Among lenders that post both, refinance pricing currently runs about 0.131 points above the same lender’s purchase rate nationally. That premium is shown for context only; every rate in the table is the lender’s posted rate.
St Augustine 30 Year Fixed Refinance Rates
Rates shown for New York counties only (Bronx, Kings, New York, Orange, Queens, Richmond, Rockland, Westchester, Nassau, Suffolk, Erie); assumes 80% LTV, 740 credit score, 60-day lock
As Low As; 80% loan-to-value; minimum 720 credit score; primary residence; applications received October 1-31, 2026 and closing within 90 days; purchase, one-time-close construction-to-permanent, and eligible refinance loans; membership eligibility required
As Low As; Second Home Mortgages
As Low As; Mortgage Rates
- Oct 14, 20265.99%▼ from 6.25%
- Oct 2, 20266.25%first recorded
Property: 1-4 Family Owner Occupied/Condominiums/Co-ops; Zero Points; Months: 359
No additional details available.
- Oct 12, 20266.43%▼ from 6.93%
- Sep 25, 20266.93%▲ from 6.43%
- Sep 14, 20266.43%first recorded
Partners best fixed rate on approved credit; rate comparison tool
Fixed Rate; 0.50 percentage point promotional discount included; requires FAIRWINDS checking with recurring direct deposit of at least $500 or automatic mortgage payments; based on $250,000 loan, 780 credit score, 80% LTV, 45-day rate lock; last updated 10/13/2026
Loan Amount: $360,000; Down Payment: 20%; Primary and secondary residences; Minimum credit score 700
- Oct 1, 20266.80%▲ from 6.28%
- Sep 29, 20266.28%first recorded
Mortgage; Effective as of Oct 9, 2026; APR = Annual Percentage Rate
- Oct 12, 20266.88%▼ from 7.00%
- Oct 8, 20267.00%first recorded
Additional APR listed for this product: 7.625%. As Low As; Promotional card rate from homepage carousel
- Oct 12, 20267.13%▲ from 6.88%
- Sep 14, 20266.88%first recorded
As Low As; Lock in peace of mind for the long haul. A 30-year mortgage means lower monthly payments and lasting security.
- Oct 14, 20267.13%▼ from 7.25%
- Oct 1, 20267.25%▲ from 7.13%
- Sep 27, 20267.13%▲ from 7.00%
- Sep 22, 20267.00%▲ from 6.88%
Homepage featured mortgage rate; Purchase; You Don't Have to Pay Points on Your Mortgage
You Don't Have to Pay Points on Your Mortgage!
- Oct 1, 20267.19%▲ from 6.94%
- Sep 19, 20266.94%first recorded
As Low As
- Oct 12, 20267.21%▼ from 7.36%
- Oct 8, 20267.36%▲ from 7.09%
- Sep 25, 20267.09%first recorded
FL loans; APR is an estimate
- Oct 2, 20267.22%▲ from 6.84%
- Sep 14, 20266.84%first recorded
As Low As; Rate as low as 7.125%; APR assumes $300,000 loan amount and 0 points; excellent credit history required
- Oct 1, 20267.26%▲ from 7.13%
- Sep 22, 20267.13%▲ from 6.88%
- Sep 18, 20266.88%▲ from 6.75%
- Sep 14, 20266.75%first recorded
Max Loan: $832,750; Advertised rates assume 760 credit score, minimum $150,000 loan amount, owner-occupied single-family; Investment or tenant-occupied properties subject to additional 0.75%
- Oct 7, 20267.35%▲ from 7.22%
- Oct 1, 20267.22%▲ from 6.97%
- Sep 18, 20266.97%▲ from 6.60%
- Sep 15, 20266.60%first recorded
0 points
No additional details available.
- Oct 11, 20267.42%▼ from 7.67%
- Oct 7, 20267.67%▲ from 7.55%
- Oct 1, 20267.55%▲ from 7.30%
- Sep 24, 20267.30%▲ from 7.17%
As Low As; w/ 0.625 Points; Payment: 1,637.22
Rates Effective: 10.14.26
- Sep 27, 20267.47%▲ from 7.34%
- Sep 24, 20267.34%▲ from 7.22%
- Sep 18, 20267.22%▲ from 7.09%
- Sep 15, 20267.09%first recorded
Fixed Rate Loans; Rates as of 10/13/2026; APR based on 60-day rate lock, $300,000 loan amount, 70% LTV, 775 credit score
- Oct 14, 20267.51%▼ from 7.76%
- Oct 7, 20267.76%▲ from 7.63%
- Oct 1, 20267.63%first recorded
No additional details available.
- Oct 1, 20267.59%▲ from 6.96%
- Sep 24, 20266.96%first recorded
Refinance; Based on $300,000 loan amount; Rates include 0.125% autopay and paperless discount
- Oct 14, 20267.72%▲ from 7.34%
- Sep 15, 20267.34%first recorded
As Low As; Purchase; Rates are current as of 10/13/2026
- Oct 1, 20267.75%▼ from 7.80%
- Sep 27, 20267.80%▲ from 7.55%
- Sep 24, 20267.55%▲ from 7.42%
- Sep 18, 20267.42%first recorded
Rates Effective: 10.14.26
Conforming mortgage; rates shown for New York counties only
- Oct 14, 20267.90%▼ from 7.90%
- Sep 27, 20267.90%first recorded
As Low As; Refinance; Rates are current as of 10/13/2026
- Oct 1, 20267.93%▲ from 7.80%
- Sep 27, 20267.80%▲ from 7.55%
- Sep 24, 20267.55%▲ from 7.42%
- Sep 18, 20267.42%first recorded
HSBC Deluxe Mortgage rates; Jumbo mortgage; Rates shown for New York only
- Oct 14, 20267.94%▲ from 7.88%
- Oct 7, 20267.88%▲ from 7.20%
- Sep 18, 20267.20%first recorded
Jumbo mortgage; based on 65% LTV, credit score 740, 60-day lock; rates shown for New York only
- Oct 14, 20267.94%▼ from 7.96%
- Oct 7, 20267.96%first recorded
St Augustine 15 Year Fixed Refinance Rates
Refinance Loan Options; Effective Date: 10/5/2026; This is a limited time offer; Footnote 2: limited time offer
- Oct 6, 20266.50%▲ from 6.38%
- Sep 18, 20266.38%▲ from 6.00%
- Sep 14, 20266.00%first recorded
Rates shown for New York counties only (Bronx, Kings, New York, Orange, Queens, Richmond, Rockland, Westchester, Nassau, Suffolk, Erie); assumes 80% LTV, 740 credit score, 60-day lock
Property: 1-4 Family Owner Occupied/Condominiums/Co-ops; Zero Points; Months: 179
Loan to Value %: 80%
Fixed Rate; 0.50 percentage point promotional discount included; requires FAIRWINDS checking with recurring direct deposit of at least $500 or automatic mortgage payments; based on $250,000 loan, 780 credit score, 80% LTV, 45-day rate lock; last updated 10/13/2026
As Low As; Second Home Mortgages
As Low As; Mortgage Rates
No additional details available.
- Oct 12, 20266.09%▼ from 6.72%
- Sep 25, 20266.72%▲ from 6.09%
- Sep 14, 20266.09%first recorded
Loan Amount: $360,000; Down Payment: 20%; Primary and secondary residences; Minimum credit score 700
- Oct 1, 20266.20%▲ from 5.68%
- Sep 29, 20265.68%first recorded
Mortgage; Effective as of Oct 9, 2026; APR = Annual Percentage Rate
As Low As; Get peace of mind with predictable monthly payments. Both traditional and short-term options available.
- Sep 27, 20266.50%▲ from 6.25%
- Sep 18, 20266.25%▲ from 6.13%
- Sep 14, 20266.13%first recorded
As Low As
- Oct 12, 20266.51%▼ from 6.64%
- Oct 8, 20266.64%▲ from 6.43%
- Sep 25, 20266.43%first recorded
As Low As; Rate as low as 6.375%; APR assumes $300,000 loan amount and 0 points; excellent credit history required
- Oct 1, 20266.58%▲ from 6.45%
- Sep 22, 20266.45%▲ from 6.33%
- Sep 18, 20266.33%▲ from 6.20%
- Sep 14, 20266.20%first recorded
Max Loan: $832,750; Advertised rates assume 760 credit score, minimum $150,000 loan amount, owner-occupied single-family; Investment or tenant-occupied properties subject to additional 0.75%
- Oct 1, 20266.67%▲ from 6.41%
- Sep 18, 20266.41%▲ from 6.15%
- Sep 15, 20266.15%first recorded
As Low As; w/ 0.875 Points; Payment: 2,090.66
FL loans; APR is an estimate
- Oct 13, 20266.90%▲ from 6.77%
- Oct 2, 20266.77%▲ from 6.52%
- Sep 17, 20266.52%▲ from 6.39%
- Sep 14, 20266.39%first recorded
Published rate range: 6.875%-7.875%. Member Business Loans; Non owner occupied 1-4 family; APR based on lowest rate
Refinance; Based on $300,000 loan amount; Rates include 0.125% autopay and paperless discount
Fixed Rate Loans; Rates as of 10/13/2026; APR based on 60-day rate lock, $300,000 loan amount, 70% LTV, 775 credit score
- Oct 14, 20267.08%▼ from 7.33%
- Oct 7, 20267.33%▼ from 7.46%
- Oct 1, 20267.46%first recorded
0 points
No additional details available.
- Oct 1, 20267.14%▲ from 6.51%
- Sep 24, 20266.51%first recorded
As Low As; Purchase; Rates are current as of 10/13/2026
- Oct 14, 20267.32%▲ from 7.28%
- Sep 27, 20267.28%▲ from 7.03%
- Sep 24, 20267.03%▲ from 6.90%
- Sep 18, 20266.90%first recorded
Conforming mortgage; rates shown for New York counties only
- Oct 14, 20267.50%▲ from 7.39%
- Sep 27, 20267.39%first recorded
As Low As; Refinance; Rates are current as of 10/13/2026
- Oct 14, 20267.53%▲ from 7.28%
- Sep 27, 20267.28%▲ from 7.03%
- Sep 24, 20267.03%▲ from 6.90%
- Sep 18, 20266.90%first recorded
St Augustine 5/1 ARM Refinance Rates
No additional details available.
Loan to Value %: 80%
Loan to Value %: 80%
As Low As; Enjoy a low initial rate that adjusts with the market. Various terms and options available.
- Oct 14, 20266.00%▼ from 6.13%
- Oct 1, 20266.13%▲ from 5.63%
- Sep 18, 20265.63%▲ from 5.50%
- Sep 14, 20265.50%first recorded
No additional details available.
Adjustable Rate Mortgage
- Oct 13, 20266.25%▼ from 7.03%
- Oct 2, 20267.03%first recorded
First 5 Years; Rate may adjust every year; Rate current as of 9/30/2026; Based on excellent credit profile (FICO 740); Lifetime rate cap of 6.00% above intro rate; Rate discounted 0.25% with Trustco Auto Pay Program; Lender paid PMI on loans over 89.5% LTV; No borrower paid PMI; No appraisal fee; No real estate tax escrow required
- Oct 3, 20266.45%▲ from 6.20%
- Sep 15, 20266.20%first recorded
Intro rate expires: 5 years; Rate adjusts based on the Secured Overnight Financing Rate (SOFR) published by the Federal Reserve. Special rate for in-house portfolio loan only. ARM rates subject to increase during the loan term.
- Oct 9, 20266.53%▲ from 6.40%
- Sep 18, 20266.40%first recorded
Property: 1-4 Family Owner Occupied/Condominiums/Co-ops; Zero Points; Months: 60; Adjustable rate: rate is variable and can increase by no more than 2 percentage points after the initial period and at each subsequent rate adjustment, with a lifetime maximum adjustment of 6%
Adjustable Rate Mortgage: 60 months fixed, then adjusts every six months; Max Loan: $832,750; Advertised rates assume 760 credit score, minimum $150,000 loan amount
Jumbo mortgage; based on 65% LTV, credit score 740, 60-day lock; rates shown for New York only
- Oct 14, 20266.83%▲ from 6.76%
- Oct 7, 20266.76%▲ from 6.75%
- Oct 1, 20266.75%first recorded
30-year loan; 60 payments of $3,284.64 at 6.875% (6.832% APR) then variable rate; based on $500,000 loan, 780 credit score, 80% LTV, 45-day rate lock; last updated 10/13/2026
As Low As; Home Loans
FL loans; APR is an estimate
- Oct 13, 20266.96%▲ from 6.88%
- Oct 2, 20266.88%▲ from 6.76%
- Sep 17, 20266.76%▼ from 6.86%
- Sep 14, 20266.86%first recorded
As Low As; Adjustable Rate Mortgage (ARM); Mortgages
- Oct 13, 20267.24%▲ from 6.75%
- Oct 1, 20266.75%▲ from 6.50%
- Sep 18, 20266.50%first recorded
As Low As; Adjustable Rate Mortgage (ARM); Mortgages
- Oct 13, 20267.28%▲ from 6.75%
- Oct 1, 20266.75%▲ from 6.50%
- Sep 18, 20266.50%first recorded
St Augustine 30-Year Jumbo Refinance Rates
No additional details available.
Loan amount $940,000 with at least 25% equity; 30-year term
Loan amount $940,000 with at least 25% equity; 30-year term
Loan amount $940,000 with at least 25% equity
Loan amount $940,000 with at least 25% equity
As Low As; Effective Date: September 30, 2026; Example Loan Amount: $850,000; Example
Jumbo Rate; 0.50 percentage point promotional discount included; requires FAIRWINDS checking with recurring direct deposit of at least $500 or automatic mortgage payments; based on $832,750 loan, 780 credit score, 80% LTV, 45-day rate lock; last updated 10/13/2026
Jumbo Rate; 0.50 percentage point promotional discount included; requires FAIRWINDS checking with recurring direct deposit of at least $500 or automatic mortgage payments; based on $832,750 loan, 780 credit score, 80% LTV, 45-day rate lock; last updated 10/13/2026
Section: HERO Home Loan
Adjustable-rate mortgage loan; Rates as of Oct 13, 2026 ET
- Oct 6, 20266.87%▲ from 6.77%
- Sep 30, 20266.77%first recorded
Section: HERO Home Loan
No additional details available.
- Oct 14, 20266.90%▲ from 6.88%
- Oct 1, 20266.88%first recorded
Jumbo mortgage adjustable rate mortgage; 65% LTV, credit score 740, 15 days prepaid interest, 60-day lock; rates shown for New York only
As Low As; Jumbo Adjustable Rate (ARM); Stated APR includes .50% Full Direct Deposit discount
- Oct 9, 20267.02%▲ from 7.00%
- Oct 1, 20267.00%▲ from 6.75%
- Sep 14, 20266.75%first recorded
As Low As; Jumbo Fixed Rate
$832,750; Fixed Rate Loans; Rates as of 10/13/2026; APR based on 60-day rate lock with 0.875 points, $850,000 loan amount
Section: Adjustable Rate Mortgage (ARM) (As low as Rates)
Jumbo mortgage adjustable rate mortgage; 65% LTV, credit score 740, 15 days prepaid interest, 60-day lock; rates shown for New York only
As Low As; Jumbo Adjustable Rate (ARM); Stated APR includes .50% Full Direct Deposit discount
- Oct 9, 20267.08%▲ from 7.00%
- Oct 1, 20267.00%▲ from 6.75%
- Sep 14, 20266.75%first recorded
Section: Adjustable Rate Mortgage (ARM) (As low as Rates)
As Low As; Finance higher-priced homes without a large down payment or multiple mortgages.
- Oct 1, 20267.13%▲ from 6.88%
- Sep 18, 20266.88%▲ from 6.63%
- Sep 14, 20266.63%first recorded
As Low As; Jumbo Fixed Rate
As Low As; Effective Date: September 30, 2026; Example Loan Amount: $850,000; Example
As Low As; Effective Date: September 30, 2026; Example Loan Amount: $850,000; Example
Loan amount $940,000; down payment of at least 25%
As Low As; Jumbo Fixed Rate
Loan amount $940,000; down payment of at least 25%
As Low As; Jumbo Adjustable Rate (ARM); Stated APR includes .50% Full Direct Deposit discount
- Oct 9, 20267.35%▲ from 7.25%
- Oct 1, 20267.25%▲ from 7.00%
- Sep 14, 20267.00%first recorded
Section: Adjustable Rate Mortgage (ARM) (As low as Rates)
As Low As; Jumbo Fixed Rate
As Low As; Jumbo Adjustable Rate (ARM); Stated APR includes .50% Full Direct Deposit discount
- Oct 9, 20267.42%▲ from 7.25%
- Oct 1, 20267.25%▲ from 7.00%
- Sep 14, 20267.00%first recorded
Advertised rate: single-family primary residence, 720 FICO, 20% down; Rates as of Oct 13, 2026 ET
Section: Adjustable Rate Mortgage (ARM) (As low as Rates)
FL loans; APR is an estimate
- Oct 2, 20267.48%▲ from 7.10%
- Sep 14, 20267.10%first recorded
Rate and APR shown as 'As Low As'; Example Loan Amount: $850,000; Example
Loan amount $940,000; down payment of at least 25%
Jumbo
Loan amount $940,000; down payment of at least 25%
Rates Effective: 10.14.26
- Oct 7, 20267.78%▲ from 7.65%
- Oct 2, 20267.65%▲ from 7.53%
- Sep 18, 20267.53%▲ from 7.15%
- Sep 15, 20267.15%first recorded
Jumbo mortgage; 65% LTV, credit score 740, 15 days prepaid interest, 60-day lock; rates shown for New York only
St Augustine 15-Year Jumbo Refinance Rates
No additional details available.
- Oct 14, 20266.97%▲ from 6.59%
- Sep 22, 20266.59%▲ from 6.21%
- Sep 14, 20266.21%first recorded
Loan amount $940,000 with at least 25% equity
Jumbo Rate; 0.50 percentage point promotional discount included; requires FAIRWINDS checking with recurring direct deposit of at least $500 or automatic mortgage payments; based on $832,750 loan, 780 credit score, 80% LTV, 45-day rate lock; last updated 10/13/2026
As Low As; Effective Date: September 30, 2026; Example Loan Amount: $850,000; Example
As Low As; Jumbo Fixed Rate
Rate and APR shown as 'As Low As'; Example Loan Amount: $850,000; Example
As Low As; Jumbo Fixed Rate
No additional details available.
- Oct 14, 20266.97%▲ from 6.21%
- Sep 14, 20266.21%first recorded
Advertised rate: single-family primary residence, 720 FICO, 20% down; Rates as of Oct 13, 2026 ET
Jumbo
- Oct 13, 20267.23%▲ from 6.83%
- Sep 14, 20266.83%first recorded
Loan amount $940,000; down payment of at least 25%
St Augustine 5/1 Jumbo ARM Refinance Rates
No additional details available.
Loan amount $940,000 with at least 25% equity; 30-year term
No additional details available.
Adjustable-rate mortgage loan; Rates as of Oct 13, 2026 ET
- Oct 6, 20266.83%▲ from 6.75%
- Sep 30, 20266.75%first recorded
Jumbo mortgage adjustable rate mortgage; 65% LTV, credit score 740, 15 days prepaid interest, 60-day lock; rates shown for New York only
Loan amount $940,000; down payment of at least 25%
As Low As; Jumbo Adjustable Rate (ARM); Stated APR includes .50% Full Direct Deposit discount
- Oct 9, 20267.21%▲ from 6.75%
- Oct 1, 20266.75%▲ from 6.50%
- Sep 14, 20266.50%first recorded
Section: Adjustable Rate Mortgage (ARM) (As low as Rates)
As Low As; Jumbo Adjustable Rate (ARM); Stated APR includes .50% Full Direct Deposit discount
- Oct 9, 20267.25%▲ from 6.75%
- Oct 1, 20266.75%▲ from 6.50%
- Sep 14, 20266.50%first recorded
Section: Adjustable Rate Mortgage (ARM) (As low as Rates)
St Augustine FHA Loan Rates
Loan amount $270,019 with at least 3.5% equity; assumes FICO 680+
As Low As; Effective Date: September 30, 2026; Example Loan Amount: $300,000; Example
As Low As; Effective Date: September 30, 2026; Example Loan Amount: $300,000; Example
Rates Effective: 10.14.26
Loan amount $270,019; down payment of at least 3.5%
St Augustine VA Loan Rates
As Low As; Government Fixed Rate
As Low As; Government Fixed Rate
Rate "As Low As"; APR "As Low As"; Example Loan Amount: $300,000; Example; Effective Date: September 30, 2026
Rates as of Oct 13, 2026 ET. Rates subject to change.
Rates as of Oct 13, 2026 ET. Rates subject to change.
Rate "As Low As"; APR "As Low As"; Example Loan Amount: $300,000; Example; Effective Date: September 30, 2026
Rates Effective: 10.14.26
- Sep 27, 20267.47%▲ from 7.34%
- Sep 24, 20267.34%▲ from 7.22%
- Sep 18, 20267.22%▲ from 7.09%
- Sep 15, 20267.09%first recorded
Loan amount $383,625; no down payment
Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.
National Refinance Rate Averages
Daily averages of posted rates across every lender we track, as of October 15, 2026. Use these as the benchmark for the St Augustine, Florida quotes above; lenders that price refinances separately currently run about 0.131 points higher.
St Augustine, FL Refinance Rate Trends
Compare local St Augustine, FL refinance quotes against the statewide average
Daily averages of posted first-mortgage rates across our lender network, updated every evening. Because most lenders price purchase and refinance loans identically, this is the benchmark a Florida refinance quote should be measured against, plus roughly 0.131 points at lenders that price refinances separately.
Florida 30-year fixed rates rose 0.022 points over the past 7 days to 7.344%.
Florida 15-year fixed rates rose 0.137 points over the past 7 days to 6.881%.
What St Augustine, FL Homeowners Actually Pay to Refinance
Posted refinance rates from our lender network alongside the rates borrowers closed at, from federal HMDA filings
Two different measures. The refinance premium is computed nightly from lenders that publish separate purchase and refinance pricing. HMDA figures are median note rates on loans that actually closed.
Florida Refinance Rate Forecast, Next 12 Months
Where are Florida refinance rates headed through October 2027?
Based on Fed funds rate futures, 10-year Treasury path, and historical mortgage spread model. If the forecast shows rates falling, waiting may beat refinancing today; the break-even calculator below shows what each scenario is worth. Not financial advice.
What Forecast Rates Mean for St Augustine, FL Homeowners Refinancing
Monthly principal & interest on a 30-year refinance of the loan of $242,720 (80% of the city median home value). Payment differences show what waiting for the forecast rate would be worth each month.
| Scenario | Rate | Mo. Payment | vs. Today | % of Income |
|---|---|---|---|---|
| Today (FL avg) | 7.344% | $1,671 | 26.9% | |
| 6-Month Forecast | 7.344% (6.99, 7.64%) | $1,671 | +$0/mo | 26.9% |
| 12-Month Forecast | 7.594% (7.24, 7.89%) | $1,713 | +$42/mo | 27.6% |
Income column = annual mortgage payment as % of St Augustine, FL median household income ($74,568). Above 30% is generally considered cost-burdened.
St Augustine, Florida Refinance Break-Even Calculator
Enter your current loan and the refinance rate you have been quoted. The calculator shows the new payment, monthly savings, and how many months it takes for those savings to pay back the closing costs. Click a current St Augustine, Florida rate on the right to test it instantly.
Principal and interest only. Excludes escrow, mortgage insurance, and any prepayment penalty on the current loan. Lifetime interest compares the remaining interest on the current loan to total interest on the new loan. Estimates are for informational purposes only.
Run the Numbers on Your St Augustine, Florida Refinance
The rate is only part of the decision. Use these calculators to turn current St Augustine, Florida home refinance rates into monthly savings, break-even months, and total interest before you request quotes from refinance lenders.
If you already own a home, enter your current rate, remaining loan balance, and the rate you’ve been quoted to refinance. The calculator shows your new monthly payment, how much you’d save each month, and the break-even point, the number of months it takes for your savings to cover the closing costs of refinancing.
CalculateEnter your loan amount, interest rate, and term length to see your estimated monthly principal and interest payment. Adjust any variable to model different scenarios: a larger down payment, a shorter term, or a rate a quarter-point lower than what you were quoted.
CalculateIf your goal is cash rather than a lower rate, compare current St Augustine, Florida home equity loan and HELOC rates against a cash-out refinance. Keeping a low existing first mortgage and adding a second lien is often the cheaper path, especially for loans originated between 2020 and 2022.
CompareTell us your gross income, monthly debt obligations, and how much you have for a down payment. We’ll show you the home price range you’re likely to qualify for at current St Augustine, Florida rates, so you can shop with a realistic number in mind rather than discovering your ceiling after you’ve fallen in love with a property.
CalculateTypes of Refinance Loans Available in St Augustine, Florida
Homeowners in St Augustine, Florida can choose from several refinance programs. The right one depends on what you are trying to do: lower the rate, shorten the term, pull cash out, or drop mortgage insurance. Pricing, appraisal requirements, and eligibility differ across each, and the cheapest program is not always the lowest posted rate once fees are counted.
Rate-and-Term Refinance
The standard refinance. You replace your existing mortgage with a new loan for about the same balance, changing only the rate, the term, or both. It is the lowest-priced refinance product at nearly every Florida lender because the loan-to-value ratio does not rise.
Best for homeowners whose rate is at least half a point above today’s St Augustine, Florida average and who plan to stay past the break-even point. Choosing a term that matches your remaining years, rather than resetting to 30, keeps the payoff date where it is.
Cash-Out Refinance
A cash-out refinance replaces your mortgage with a larger one and hands you the difference at closing. Conventional lenders cap the new loan at 80% of appraised value; VA cash-out loans go to 90%. Rates run above rate-and-term pricing.
If you hold a low rate from 2020 to 2022, a home equity loan or HELOC in St Augustine, Florida usually costs less than refinancing the whole balance at today’s rate to pull out cash.
FHA Streamline Refinance
For homeowners already in an FHA loan. No appraisal, no income verification, and limited credit review, as long as the new loan produces a net tangible benefit (generally a rate at least 0.5% lower, or a move from an ARM to a fixed rate). You need 210 days since the first payment and six on-time payments.
The upfront mortgage insurance premium is reduced to 0.01% and annual MIP continues, so FHA borrowers with 20% equity and good credit should also price a conventional rate-and-term refinance, which drops mortgage insurance entirely.
VA IRRRL (Streamline Refinance)
The Interest Rate Reduction Refinance Loan lets veterans refinance an existing VA loan with no appraisal, no income documentation, and a funding fee of just 0.5% (waived for borrowers with a service-connected disability). Closing costs can be rolled into the loan.
The new rate must be lower than the current one unless you are moving from an ARM to a fixed rate, and you must recoup closing costs within 36 months. VA lenders in Florida quote IRRRL pricing separately, so ask for it by name.
USDA Streamlined-Assist Refinance
For homeowners with an existing USDA Rural Development loan. No appraisal or credit review in most cases, and the new payment must be at least $50 a month lower than the current one. The property no longer has to meet the rural eligibility map.
Twelve months of on-time payments are required, and the 1% upfront guarantee fee plus the annual fee apply to the new loan.
Jumbo Refinance
The 2026 FHFA conforming loan limit for St Augustine, Florida is $832,750. A refinance above that amount is a jumbo loan and stays on the lender’s books or goes to private investors, so pricing and underwriting are set lender by lender.
Jumbo refinances usually require a 700 or higher credit score, reserves of six to twelve months of payments, and a loan-to-value of 80% or less. Because balances are large, even a quarter-point rate difference is worth thousands a year, so compare the 30-Year Jumbo and 15-Year Jumbo tabs above closely. If paying the balance down to the conforming limit at closing is possible, conforming refinance pricing is often noticeably better.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our St Augustine, Florida refinance rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Refinance Rate Data: We aggregate mortgage and refinance rates for St Augustine, Florida directly from the official websites of local lenders, credit unions, and national mortgage originators using our proprietary rate aggregation technology and a dedicated team of rate updaters. Where a lender publishes a product specifically for refinancing, that product is listed by name; where a lender publishes one rate sheet for purchase and refinance loans, that rate is shown as the refinance rate, which is how the lender itself quotes it.
Refinance Premium and HMDA Figures: The refinance premium is the average difference between a lender’s refinance-labeled product and the same lender’s standard product of the same term, computed nightly across lenders that publish both. It is shown for context and is never added to any rate in the tables. HMDA figures are median note rates on first-lien, owner-occupied, one-to-four-unit loans originated in the most recent reporting year, from the Consumer Financial Protection Bureau’s public Loan/Application Register.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home loan products in St Augustine, Florida. We feature a comprehensive mix of licensed NMLS financial institutions, from neighborhood credit unions and competitive regional banks to large national originators available to borrowers in FL.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update mortgage and refinance rates daily. Because rates and APRs can fluctuate rapidly based on bond markets and economic conditions, every loan product features its own “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data, including the Texas Ratio, ensuring you compare rates from secure, reliable lenders.
How a Mortgage Refinance Works in St Augustine, Florida
A refinance pays off your current mortgage with a new loan on the same St Augustine, Florida home. The new lender wires the payoff to the old lender at closing, and from that point you make payments on the new loan only. Because it is a brand-new mortgage, you go through an application, credit check, and usually an appraisal, and you pay closing costs, just as you did when you bought the home.
How St Augustine, Florida Refinance Rates Compare to Purchase Rates
Most Florida banks and credit unions post one rate sheet that applies to purchase and refinance loans alike, which is why the tables above show the same lenders you will find on our St Augustine, Florida mortgage rates page. For example, HSBC Bank USA is listing a Conforming Mortgage Refinance - 30 Year Fixed Rate at 7.75% for either purpose. Some lenders price refinances separately and list them by name, such as Tropical Financial Credit Union’s Mortgage - 5/6 ARM refi (variable rate) at 6.052%. Across lenders that post both, refinance pricing currently runs about 0.131 points above the same lender’s purchase rate nationally. Cash-out refinances, investment properties, and second homes carry pricing add-ons at every lender.
Finding Your Break-Even Point in St Augustine, Florida
Divide total closing costs by the monthly payment savings and you get the number of months until the refinance has paid for itself. A St Augustine, Florida homeowner who expects to sell before that month should not refinance, no matter how good the rate looks. The calculator above runs this math with today’s local rates. A shorter break-even, under three years, is a comfortable margin; anything past five years needs a long stay to pay off.
Refinance Closing Costs and No-Closing-Cost Loans in St Augustine, Florida
Refinance closing costs in Florida typically run two to five percent of the loan and include the lender’s origination fee, appraisal, title search and lender’s title policy, recording fees, and prepaid interest. Discount points are optional and buy the rate down. A no-closing-cost refinance rolls the fees into a higher rate or the loan balance. It is not free, but it can be the better choice for a homeowner likely to move or refinance again within a few years, because there is nothing to recoup.
When St Augustine, Florida Homeowners Should Wait
Refinancing rarely pays when the new rate is less than half a point below the current one, when you are more than ten years into a 30-year loan and would reset the clock, or when your credit score has dropped since the original loan. Homeowners holding a rate from 2020 to 2022 are usually better served by keeping that loan and using a home equity loan or HELOC for cash needs. Our Florida refinance rate trends above show where rates have been over the past 90 days, and the forecast gives a sense of where they may head, so you can decide whether to lock now or wait.
Frequently Asked Questions about Refinance Rates in St Augustine, Florida
What are home loan refinance rates in St Augustine, FL today?
Are refinance rates higher than purchase mortgage rates in Florida?
When does refinancing make sense in St Augustine, Florida?
How soon can I refinance a mortgage in Florida?
What is a rate-and-term refinance?
What is a cash-out refinance?
Does refinancing reset my 30-year term?
What are typical refinance closing costs in Florida?
What is the difference between interest rate and APR on a refinance?
Should I lock my refinance rate?
How do I compare refinance lenders in St Augustine, Florida?
How do I get refinance quotes in St Augustine, Florida?
What are the best refinance rates in St Augustine, Florida?
- HSBC Bank USA: 7.75% (Conforming Mortgage Refinance - 30 Year Fixed Rate)
- Radiant Credit Union: 5.99% (30-Year Fixed-Rate First Mortgage)
- Florida Central Credit Union: 5.85% (Second Home Mortgage - 30 Year Fixed)
- SUMA Federal Credit Union: 6.25% (30 Year Fixed Mortgage)
- Peoples Alliance Federal Credit Union: 6.375% (30 Year Fixed Mortgage)
St Augustine, Florida Rates & Resources
