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Oregon vs Vermont:
Mortgage & Housing Costs

Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Oregon and Vermont. Updated for 2026.

MetricOregonVermont
Median Home Price$480K$380K
Property Tax Rate0.93%1.9%
Avg Closing Costs$7K$6K
Closing Cost %1.4%1.6%
Transfer Tax0.1%1.45%
Homeowners Insurance$1,400/yr$1,100/yr
First-Time Buyer Program
OHCS Oregon Bond
Cash Advantage up to $15K
VHFA MOVE Mortgage
$5K–$15K DPA
Verdict

Oregon and Vermont are evenly matched across major housing cost categories. Your decision may come down to other factors like job market, climate, or lifestyle preferences. Use the calculators below to model your specific scenario.

Monthly Payment Comparison

Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI.

Oregon
Home Price$480,000
Down Payment (10%)$48,000
Loan Amount$432,000
Monthly P&I$2,731
Monthly Property Tax$372
Monthly Insurance$117
Monthly PMI$180
Total PITI$3,399/mo
Annual property tax: $4,464
Vermont
Home Price$380,000
Down Payment (10%)$38,000
Loan Amount$342,000
Monthly P&I$2,162
Monthly Property Tax$602
Monthly Insurance$92
Monthly PMI$143
Total PITI$2,998/mo
Annual property tax: $7,220

Buying in Vermont saves you approximately $401/month ($4,812/year) compared to Oregon, based on median home prices with identical loan terms.

Which State Is Right for You?

Vermont offers meaningfully lower home prices than Oregon, with median prices running 21% less ($100K difference). This gap translates to both a smaller loan and lower monthly payments. First-time buyers priced out of Oregon may find Vermont far more accessible, particularly when combined with local down payment assistance programs.

Oregon has a moderate property tax advantage at 0.93% versus Vermont's 1.9%. While the rate gap of 0.97% may seem small, it translates to an annual difference of approximately $2,756 when applied to each state's median home price. Over a typical homeownership period of 7-10 years, that adds up to $22K in savings.

Both states offer down payment assistance for first-time buyers. Oregon's OHCS Oregon Bond provides Cash Advantage up to $15K, while Vermont's VHFA MOVE Mortgage offers $5K–$15K DPA. 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.

Key Takeaway

The bottom line: Oregon and Vermont are broadly similar in housing costs, with only $401/month separating them in total PITI payments. In cases like this, your decision should be driven by lifestyle preferences — job opportunities, climate, proximity to family, and quality of life — rather than pure cost savings. Either state offers a reasonable path to homeownership.

Compare Other States

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