2026 data · 1.83% property tax · Median home $285,800
Vermont Mortgage Calculator
A median-priced home in Vermont ($285,800) costs roughly $2,057 per month all-in (PITI), assuming 20% down and a 30-year fixed at 7.0%. Vermont's effective property tax rate is 1.83% — well above the US average of about 1.0%.
Vermont median-home monthly payment
$2,057/mo
P&I $1,521 · Tax $436 · Insurance $100
@ $285,800 price, 20% down, 30-yr fixed at 7.0%
For a custom calculation with your specific numbers (different down payment, rate, term, or home price), use the main mortgage calculator — it includes a full amortization schedule.
Monthly payments at common home prices in Vermont
| Home price | 20% down | P&I | Prop tax | Insurance | Total PITI/mo |
|---|---|---|---|---|---|
| $200,000 | $40,000 | $1,064 | $305 | $70 | $1,439 |
| $285,800 (state median) | $57,160 | $1,521 | $436 | $100 | $2,057 |
| $300,000 | $60,000 | $1,597 | $458 | $105 | $2,159 |
| $400,000 | $80,000 | $2,129 | $610 | $140 | $2,879 |
| $500,000 | $100,000 | $2,661 | $763 | $175 | $3,599 |
| $750,000 | $150,000 | $3,992 | $1,144 | $263 | $5,398 |
Calculations use Vermont's 1.83% effective property tax rate, estimated homeowners insurance at 0.42%/year of home value, 30-year fixed at 7.0%, no PMI (20% down). Closing costs not included.
Vermont property tax
Effective rate
1.83%
Median home value
$285,800
Median property tax
$5,230/yr
Vermont has very high property tax rates (1.83%). Income sensitivity provision adjusts property tax based on household income — file a Homestead Declaration to qualify.
See our property tax calculator for a state-by-state property tax breakdown, and our Vermont paycheck calculator to estimate take-home pay against this monthly housing cost.
Vermont vs neighboring states
| State | Property tax rate | Median home | Median tax/yr | |
|---|---|---|---|---|
| Vermont (this page) | 1.83% | $285,800 | $5,230 | |
| New York | 1.46% | $384,100 | $6,280 | New York mortgage → |
| New Hampshire | 1.86% | $343,200 | $6,372 | New Hampshire mortgage → |
| Massachusetts | 1.12% | $498,700 | $5,618 | Massachusetts mortgage → |
FAQs about Vermont mortgages
What is the property tax rate in Vermont?
Vermont's effective property tax rate is 1.83%, meaning the average homeowner pays roughly 1.83% of their home's value in property tax annually. On a $285,800 home (the state median), that's about $5,230 per year, or $436 per month added to your mortgage payment.
What is the average monthly mortgage payment in Vermont?
For a home at Vermont's median value of $285,800, assuming 20% down, a 30-year fixed mortgage at 7.0%, and Vermont's 1.83% property tax + estimated insurance, the typical monthly PITI payment is approximately $2,057. This includes $1,521 principal & interest, $436 property tax, and $100 homeowners insurance.
How much income do I need to buy a house in Vermont?
Using the standard 28% front-end DTI rule, you'd need annual income of approximately $88,157 to comfortably afford Vermont's median-priced home. Lenders typically allow up to 43% total DTI (including all debts), which corresponds to about $57,405 annual income at the maximum end. Your specific qualification depends on credit score, down payment, debts, and lender requirements.
Is Vermont a good state to buy a house?
Vermont's combination of 1.83% property tax (well above the national average of ~1.0%) and median home value of $285,800 place it in the mid-range of state housing markets nationally. Vermont has very high property tax rates (1.83%).
How does Vermont property tax compare to neighboring states?
Vermont's 1.83% rate compares to: New York at 1.46%, New Hampshire at 1.86%, Massachusetts at 1.12%. Property taxes can differ substantially between bordering states — moving 30 miles across a state line can change your annual tax bill by thousands.
Does Vermont have a homestead exemption?
Vermont has very high property tax rates (1.83%). Income sensitivity provision adjusts property tax based on household income — file a Homestead Declaration to qualify.
What's included in PITI?
PITI stands for Principal, Interest, Taxes, and Insurance — the four standard components of a mortgage payment. For your Vermont mortgage, the breakdown on a median-priced home would be: Principal & Interest $1,521, Property Tax $436, Homeowners Insurance $100. Add PMI if your down payment is under 20%, and HOA fees if your home is in a community with one.