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Mortgage Calculator Vermont — 2026 Payment Estimates
Pre-filled with Vermont's estimated median home price of $375,000 and 1.82% effective property tax rate. Adjust any input for your specific situation. All calculations run in your browser.
Reviewed for accuracy June 2026 by Gary Sing
Median home price
$375,000
Monthly P&I (30yr)
$1,896.20
Property tax/month
$568.75
Est. total PITI/month
$2,605.58
Optional — unlocks affordability analysis
Enter gross income to check affordability
At the 28% front-end guideline, this payment requires ~$81,266/year in gross income. The monthly shown is principal and interest only — add ~$28 for taxes, insurance.
- ›A 15-year term saves $212,235 in total interest but raises the payment by $717/month
- ›Total interest ($382,633) exceeds the loan itself ($300,000) — every extra principal payment saves its full remaining interest
⚡ Total interest ($382,633) exceeds the loan principal — consider extra principal payments or a shorter term
Check your full price range with the Home Affordability Calculator →Share on r/personalfinance, Twitter/X, or LinkedIn 📊
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Vermont mortgage payment scenarios — $375,000 home at 6.5%
Monthly P&I and estimated total PITI (principal, interest, tax, insurance) at three down payment levels. Property tax uses Vermont's 1.82% effective rate; insurance estimated at 0.45% of home value annually.
| Down payment | Down amount | P&I (30yr) | P&I (15yr) | Total PITI (30yr) |
|---|---|---|---|---|
| 10% down | $37,500 | $2,133.23 | $2,939.99 | $2,842.60 |
| 15% down | $56,250 | $2,014.72 | $2,776.65 | $2,724.09 |
| 20% down | $75,000 | $1,896.20 | $2,613.32 | $2,605.58 |
P&I only (30yr and 15yr). PITI adds property tax (1.82%) and estimated homeowners insurance (0.45% annually). Does not include PMI — required when down payment is below 20%.
Property tax and insurance in Vermont
Vermont's effective property tax rate of 1.82% is among the highest in the Northeast — a significant ongoing cost on a median-priced home of $375,000 that adds approximately $569/month in taxes.
Vermont property tax
Effective rate: 1.82%. On a $375,000 home, annual property taxes are approximately $6,825 — or $568.75/month. Many lenders collect this monthly into an escrow account.
Homeowners insurance
Estimated at 0.45% of home value annually — roughly $140.62/month on a $375,000 home. Rates vary by coverage, age of home, and local risk factors. Get quotes from multiple insurers before closing.
PMI (if under 20% down)
Private Mortgage Insurance is required on conventional loans with less than 20% down, typically costing 0.5–1.5% of the loan amount per year. On a $300,000 loan, PMI adds roughly $225.00–$375.00/month.
Income needed
The 28% front-end DTI guideline requires approximately $111,668/year in gross income to qualify for the median Vermont home with 20% down. This is principal, interest, tax, and insurance — not counting other debt.
Vermont housing market 2026
Vermont experienced a remote-work-driven price surge post-2020 as buyers from Boston and New York relocated. Burlington and the Champlain Valley lead activity; ski resort communities (Stowe, Killington) command steep premiums. Critically tight inventory has sustained elevated prices.
Key numbers for Vermont buyers
- Median home price: $375,000 (2026 estimate)
- Down payment (20%): $75,000
- Loan amount (80% LTV): $300,000
- Monthly P&I at 6.5% / 30yr: $1,896.20
- Est. PITI (with tax + insurance): $2,605.58/month
- Income needed (28% DTI): $111,668/year
Compare mortgage payments by state
📍 California
Median $750,000 · ~$3,793/mo P&I · 0.73% tax
📍 Texas
Median $315,000 · ~$1,593/mo P&I · 1.6% tax
📍 Florida
Median $405,000 · ~$2,048/mo P&I · 0.89% tax
📍 New York
Median $415,000 · ~$2,099/mo P&I · 1.4% tax
📍 Georgia
Median $325,000 · ~$1,643/mo P&I · 0.83% tax
📍 Arizona
Median $365,000 · ~$1,846/mo P&I · 0.6% tax
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Mortgage calculator Vermont — frequently asked questions
What is the average mortgage payment in Vermont?
Based on Vermont's median home price of $375,000, a 30-year mortgage at 6.5% with 20% down produces a monthly principal and interest payment of $1,896.20. Adding property tax (~$568.75/month at 1.82%) and homeowners insurance (~$140.62/month) gives an estimated total PITI of approximately $2,605.58/month.
What is the median home price in Vermont in 2026?
The estimated median home price in Vermont in 2026 is approximately $375,000. Prices vary significantly by metro area — use this as a benchmark and enter the specific price you are evaluating in the calculator above.
How much income do I need to afford a house in Vermont?
Using the 28% front-end DTI guideline, an estimated total monthly payment (PITI) of $2,605.58 on the median Vermont home requires approximately $111,668/year in gross income. This assumes 20% down, 6.5% rate, 30-year term, and 1.82% property tax.
What are property taxes in Vermont?
Vermont's effective property tax rate is approximately 1.82%. On a $375,000 home, that is roughly $568.75/month or $6,825/year. Vermont's effective property tax rate of 1.82% is among the highest in the Northeast — a significant ongoing cost on a median-priced home of $375,000 that adds approximately $569/month in taxes.
Is a 15-year or 30-year mortgage better in Vermont?
At 6.5% on a $375,000 home with 20% down: the 30-year P&I is $1,896.20/month; the 15-year P&I is $2,613.32/month — $717.12/month more. The 15-year saves $212,235 in total interest. If the higher payment is affordable, the 15-year is almost always the better long-term financial choice.