Calculate Your New Hampshire Mortgage Payment
Our calculator is pre-filled with New Hampshire's median home price and property tax rate. Adjust the numbers to match your situation.
Open Calculator with NH DefaultsMonthly Payment Breakdown for New Hampshire
Here's what your monthly payment looks like on the median New Hampshire home ($510,000) with 20% down at 6.5%:
Note: This estimate assumes 20% down payment ($102,000), no PMI. With less than 20% down, add $170-$340/month for PMI.
New Hampshire Property Taxes
New Hampshire's effective property tax rate is 1.86%, which is above the national average of 0.89%.
Annual Property Tax on $510,000 Home
$9,486
($791/month escrowed)
No State Income Tax
New Hampshire has no state income tax, which can offset higher property taxes and leave more money for your mortgage payment.
Buying a Home in New Hampshire: Key Facts
- No state income tax (interest and dividends tax ended in 2025)
- Property tax rate of 1.86% is among the highest in the nation
- High property taxes offset lack of income and sales tax
- NHHFA assistance is forgiven after 4 years of ownership
Mortgage Calculators for Nearby States
Comparing homes across state lines? Check property taxes and home prices in neighboring states:
New Hampshire First-Time Homebuyer Programs
New Hampshire has 22 homebuyer assistance programs that can help with down payment and closing costs.
NHHFA Home Flex Plus
Up to 4% of purchase price as forgivable second mortgage
Forgivable LoanNHHFA Home Preferred Plus
3% down payment with up to 4% assistance
Low-Interest MortgageMortgage Credit Certificate
Up to 20% of mortgage interest as annual tax credit
Tax CreditEligibility requirements typically include income limits, credit score minimums (usually 620+), and homebuyer education courses. Visit DownPaymentResource.com to search for programs you may qualify for.
Major Cities in New Hampshire
Home prices and property taxes can vary significantly by city. The median home price of $510,000 is a statewide average.
New Hampshire Mortgage FAQ
What is the property tax rate in New Hampshire?
The average effective property tax rate in New Hampshire is 1.86%. On a $510,000 home, that's approximately $9,486 per year or $791 per month added to your mortgage payment.
What is the median home price in New Hampshire?
The median home price in New Hampshire is $510,000 as of January 2026. Prices vary by location - Manchester and Nashua typically have higher prices than rural areas.
Are there first-time homebuyer programs in New Hampshire?
Yes, New Hampshire has 22 homebuyer assistance programs. Popular options include NHHFA Home Flex Plus, which offers up to 4% of purchase price as forgivable second mortgage.
How much do I need to buy a house in New Hampshire?
For the median New Hampshire home ($510,000), you'd need $102,000 for a 20% down payment, plus $15,300-$25,500 for closing costs. With down payment assistance, you could potentially buy with as little as $17,850 (3.5% FHA down payment).
Ready to Calculate?
Use our free mortgage calculator with New Hampshire property taxes pre-filled.
Calculate Your NH Mortgage Payment