Home and mortgage

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.

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Home priceDown paymentInterest rateStarts at this week's national averageLoan termProperty taxA year, as a share of the price; about 1% is typical, varying widely by countyHome insurance a yearMortgage insurance (PMI)A year, on the loan, only below 20% downHOA dues a month

Monthly payment$2,305.19The answer

Monthly payment

$2,305.19

A $317,000 home with 20% down ($253,600 borrowed) at 7.18% over 30 years costs about $2,305 a month: $1,718 principal and interest plus $587 of tax, insurance and dues.

Principal and interest: $1,717.97
Tax, insurance, PMI and HOA: $587.22
Total interest over the loan: $364,871

Amortization by year: $253,600 at 7.18%

Year	Interest	Principal	Balance
1	$18,127.66	$2,488.04	$251,111.96
2	$17,943.02	$2,672.67	$248,439.29
3	$17,744.68	$2,871.02	$245,568.27
4	$17,531.62	$3,084.07	$242,484.20
5	$17,302.75	$3,312.95	$239,171.25
6	$17,056.90	$3,558.80	$235,612.45
7	$16,792.79	$3,822.90	$231,789.55
8	$16,509.09	$4,106.60	$227,682.95
9	$16,204.34	$4,411.36	$223,271.59
10	$15,876.97	$4,738.72	$218,532.87
11	$15,525.31	$5,090.39	$213,442.48
12	$15,147.55	$5,468.15	$207,974.33
13	$14,741.75	$5,873.94	$202,100.39
14	$14,305.84	$6,309.85	$195,790.54
15	$13,837.59	$6,778.11	$189,012.43
16	$13,334.58	$7,281.12	$181,731.31
17	$12,794.24	$7,821.45	$173,909.86
18	$12,213.81	$8,401.89	$165,507.97
19	$11,590.30	$9,025.40	$156,482.57
20	$10,920.52	$9,695.18	$146,787.40
21	$10,201.04	$10,414.66	$136,372.74
22	$9,428.16	$11,187.54	$125,185.20
23	$8,597.92	$12,017.77	$113,167.42
24	$7,706.08	$12,909.62	$100,257.80
25	$6,748.05	$13,867.65	$86,390.15
26	$5,718.92	$14,896.78	$71,493.38
27	$4,613.42	$16,002.27	$55,491.10
28	$3,425.88	$17,189.81	$38,301.29
29	$2,150.22	$18,465.48	$19,835.81
30	$779.88	$19,835.81	$0.00

Download the schedule (CSV)

This week's mortgage rates

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

Home price	Principal and interest	Property tax	Total
$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.

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.

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Sources

Updated Sep 30, 2026 by the RateHerald team. The maths is tested against worked examples; report a problem.