Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between New Hampshire and Texas. Updated for 2026.
Texas wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $310K and lower overall costs, Texas offers meaningful savings compared to New Hampshire. Both states offer first-time buyer programs — explore the state pages for full details.
Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI.
Buying in Texas saves you approximately $812/month ($9,744/year) compared to New Hampshire, based on median home prices with identical loan terms.
Texas offers meaningfully lower home prices than New Hampshire, with median prices running 28% less ($120K difference). This gap translates to both a smaller loan and lower monthly payments. First-time buyers priced out of New Hampshire may find Texas far more accessible, particularly when combined with local down payment assistance programs.
Property tax rates are similar in both states (New Hampshire: 2.09%, Texas: 1.8%), so taxes shouldn't be the deciding factor in your relocation decision. Instead, focus on differences in home prices, insurance costs, and state-specific programs. Both states collect roughly comparable property tax revenue relative to home values.
Homeowners insurance is significantly cheaper in New Hampshire ($1,400/year) compared to Texas ($3,800/year). That's an extra $2,400 per year — or $200/month — eating into your budget in Texas. Texas's high insurance costs are often driven by severe weather risks (hurricanes, tornadoes, or wildfires), which also affect availability of coverage.
Both states offer down payment assistance for first-time buyers. New Hampshire's NHHFA Home Flex Plus provides Up to $20,000 DPA, while Texas's TDHCA My First Texas Home offers Up to 5% DPA grant. These programs can significantly reduce your upfront costs and make homeownership accessible even if you haven't saved a full 20% down payment. Check eligibility requirements on each state's housing finance agency website — income limits and purchase price caps apply.
The bottom line: insurance costs heavily tilt the scales. Texas homeowners pay $3,800/year for coverage versus $1,400 in New Hampshire — a $2,400 annual gap. If you're budgeting for a home in Texas, make sure to factor in this ongoing expense. It can make an otherwise affordable market surprisingly costly month-to-month.