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Vermont Mortgage Calculator

Your monthly mortgage payment in Vermont, with Vermont's effective property tax rate (1.59%) built in, at this week's average rate. The calculator starts at the state's median home value, $316,600.

A $317,000 home with 20% down ($253,600 borrowed) at 7.28% over 30 years costs about $2,322 a month: $1,735 principal and interest plus $587 of tax, insurance and dues.

Monthly payment
$2,322.38
Principal and interest
$1,735.16
Tax, insurance, PMI and HOA
$587.22
Total interest over the loan
$371,058
Loan balance and interest paid over 30 years at 7.28%$0$100k$200k$300k$400k051015202530Years━Balance owed━Interest paid so far
Download the schedule (CSV)
Amortization by year: $253,600 at 7.28%
YearInterestPrincipalBalance
1$18,381.72$2,440.22$251,159.78
2$18,198.03$2,623.92$248,535.86
3$18,000.50$2,821.45$245,714.41
4$17,788.11$3,033.84$242,680.57
5$17,559.72$3,262.23$239,418.34
6$17,314.15$3,507.80$235,910.54
7$17,050.08$3,771.87$232,138.67
8$16,766.14$4,055.81$228,082.86
9$16,460.82$4,361.13$223,721.74
10$16,132.52$4,689.43$219,032.31
11$15,779.51$5,042.44$213,989.87
12$15,399.92$5,422.03$208,567.84
13$14,991.75$5,830.19$202,737.65
14$14,552.86$6,269.08$196,468.56
15$14,080.93$6,741.01$189,727.55
16$13,573.48$7,248.47$182,479.08
17$13,027.82$7,794.13$174,684.95
18$12,441.09$8,380.86$166,304.09
19$11,810.19$9,011.76$157,292.33
20$11,131.79$9,690.16$147,602.17
21$10,402.33$10,419.62$137,182.55
22$9,617.95$11,204.00$125,978.54
23$8,774.52$12,047.43$113,931.12
24$7,867.61$12,954.34$100,976.78
25$6,892.42$13,929.53$87,047.25
26$5,843.82$14,978.13$72,069.12
27$4,716.28$16,105.67$55,963.45
28$3,503.86$17,318.08$38,645.37
29$2,200.18$18,621.77$20,023.60
30$798.35$20,023.60$0.00

This week's mortgage rates →

Monthly payment in Vermont by home price (20% down, 7%, 30 years, 1.59% tax, $2,000 insurance)

Home pricePrincipal and interestProperty taxTotal
$160,000$852$212$1,231
$240,000$1,277$318$1,762
$320,000$1,703$425$2,294
$470,000$2,502$624$3,292
$630,000$3,353$836$4,356

How this calculator works

As the mortgage calculator, with Vermont's effective property tax rate from the Census Bureau's American Community Survey 2020–2024 5-year estimates: median taxes $5,039 ÷ median value $316,600.

What it assumes

  • Home insurance varies a lot by state and area; enter your quote.
  • County property tax rates differ from the state figure; see the county pages.

Questions people ask

What is the mortgage payment on a median home in Vermont?

On $316,600 with 20% down at 7% over 30 years: about $1,685 principal and interest and $420 of property tax, $2,272 a month with $2,000 a year of insurance.

What is the median home value in Vermont?

$316,600 for owner-occupied homes (Census American Community Survey 2020–2024 5-year estimates), against $332,700 nationally.

How much is property tax in Vermont?

The effective rate is 1.59%, a median $5,039 a year. See Vermont's property tax page for every county we cover.

How much income do I need for a median Vermont home?

Under the 28% guideline, about $97,361 a year for the payment above; Vermont's median household income is $81,203.

Mortgage calculator by state

Related calculators

  • Mortgage CalculatorYour full monthly mortgage payment: principal and interest, property tax, insurance, PMI and HOA dues, at this week's average rate, with a yearly amortization schedule.
  • Vermont Property Tax CalculatorVermont homeowners pay a median $5,039 a year in property tax, 1.59% of a median $316,600 home: the 5th highest effective rate of the 50 states and DC.
  • Home Affordability CalculatorThe home price your income supports under the 28/36 guideline lenders use, counting your other debts, down payment, taxes and insurance, at this week's average rate.

Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.