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Mortgage Calculator &
Closing Costs: Hartford, CT

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Hartford, Connecticut.

Median Home Price
$215K
Population
121K
Avg Monthly Rent
$1,280
Property Tax Rate
2.15%
Hartford vs Connecticut Median
The median home price in Hartford is $215,000, which is 47% below the Connecticut state median of $405,000.

Mortgage Calculator — Hartford, CT

Pre-filled with Hartford median home price and Connecticut tax/insurance rates. Adjust for your property.

$
$43,000
%
%
years
CT avg
%
$
Monthly Payment (PITI)
$1,647
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,087
per month
Taxes & Insurance
$560
per month
Total Interest Paid
$219K
over 30 years
Total Loan Cost
$391K
all payments
Payment Breakdown
Loan Amount$172,000
Principal & Interest$1,087
Property Taxes$385
Homeowners Insurance$175
Total Monthly PITI$1,647

Closing Costs — Hartford, CT

Estimated closing costs based on Connecticut rates and fees applied to Hartford prices.

$
%
Connecticut: Avg closing costs 2.1% of price. Transfer tax: 1.25%.
Estimated Closing Costs
$12,464
5.8% of purchase price
Lender Fees
$1,973
origination, underwriting
Third-Party
$2,525
appraisal, title, inspection
Government Fees
$2,688
transfer taxes, recording
Prepaids + Escrow
$5,278
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,548
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,375
Recording Fee$150
Transfer Tax$2,688
Prepaid Taxes (3 mo)$1,156
Prepaid Insurance (12 mo)$2,100
Prepaid Interest (15 days)$517
Escrow Reserves$1,506
Total Closing Costs$12,464

Buying a Home in Hartford, Connecticut

The median home price in Hartford is $215,000, 47% below the Connecticut state median of $405,000. With a population of 121,054, Hartford is a mid-size city where home prices tend to be more accessible than in many parts of Connecticut.

Property taxes in Connecticut average 2.15% annually. This higher-than-average tax rate means a $215,000 home in Hartford would carry roughly $385/month in property taxes alone — plan accordingly. Homeowners insurance in Connecticut runs approximately $2,100 per year. This is within the normal range nationally.

Average rent in Hartford is $1,280/month. With a price-to-rent ratio under 15, buying may be more cost-effective than renting in Hartford over the long term.

Hartford offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Connecticut's CHFA Homebuyer Mortgage program.

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Compare total costs of renting vs buying in Hartford.
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