Calculate Your Vermont Mortgage Payment
Our calculator is pre-filled with Vermont's median home price and property tax rate. Adjust the numbers to match your situation.
Open Calculator with VT DefaultsMonthly Payment Breakdown for Vermont
Here's what your monthly payment looks like on the median Vermont home ($402,017) with 20% down at 6.67%, the current average 30-year rate:
Note: This estimate assumes 20% down payment ($80,403), no PMI. With less than 20% down, add $134-$268/month for PMI.
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Vermont Property Taxes
Vermont's effective property tax rate is 1.42%, which is above the national average of 0.89%. See how property taxes are calculated and how they compare across states.
Annual Property Tax on $402,017 Home
$5,709
($476/month escrowed)
Buying a Home in Vermont: Key Facts
- Property tax rate of 1.42% is well above national average
- Property taxes support local schools in lieu of other taxes
- VHFA ASSIST provides up to $15,000 with no payments until sale
- Limited housing inventory drives competition in resort areas
Mortgage Calculators for Nearby States
Comparing homes across state lines? Check property taxes and home prices in neighboring states:
Vermont First-Time Homebuyer Programs
Vermont has 22 homebuyer assistance programs that can help with down payment and closing costs.
VHFA ASSIST
Up to $15,000 as 0% deferred second mortgage
Deferred LoanVHFA MOVE
Below-market rates for moderate-income buyers
Low-Interest MortgageMortgage Credit Certificate
Up to 10% 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 Vermont
Home prices and property taxes can vary significantly by city. The median home value of $402,017 is a statewide estimate.
Vermont Mortgage FAQ
What is the property tax rate in Vermont?
The average effective property tax rate in Vermont is 1.42%. On a $402,017 home, that's approximately $5,709 per year or $476 per month added to your mortgage payment.
What is the median home value in Vermont?
The median home value in Vermont is $402,017 as of 2026-06-01. Prices vary by location - Burlington and South Burlington typically have higher prices than rural areas.
Are there first-time homebuyer programs in Vermont?
Yes, Vermont has 22 homebuyer assistance programs. Popular options include VHFA ASSIST, which offers up to $15,000 as 0% deferred second mortgage.
How much do I need to buy a house in Vermont?
For the median Vermont home ($402,017), you'd need $80,403 for a 20% down payment, plus $12,061-$20,101 for closing costs. With down payment assistance, you could potentially buy with as little as $14,071 (3.5% FHA down payment).
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Calculate Your VT Mortgage Payment