Mortgage Calculator & Closing Costs: West Haven, CT
Mortgage payment estimates, closing cost breakdowns, and homebuying data for West Haven, Connecticut.
Median Home Price
$265K
Population
56K
Avg Monthly Rent
$1,320
Property Tax Rate
2.15% *
* Property tax shown is the Connecticut state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in West Haven.
West Haven vs Connecticut Median
The median home price in West Haven is $265,000, which is 35% below the Connecticut state median of $405,000.
Mortgage Calculator — West Haven, CT
Pre-filled with West Haven median home price and Connecticut tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $265K home using Connecticut's 2.15% tax rate and $2,100/yr insurance.
5% Down
$2,388/mo
Down: $13,250
Loan: $252K
P&I: $1,591
Tax: $475
Insurance: $175
PMI: $147
10% Down
$2,296/mo
Down: $26,500
Loan: $239K
P&I: $1,507
Tax: $475
Insurance: $175
PMI: $139
20% Down (No PMI)
$1,990/mo
Down: $53,000
Loan: $212K
P&I: $1,340
Tax: $475
Insurance: $175
Income needed (28% rule): $85K/year with 20% down, $98K/year with 10% down.
Rent vs Buy in West Haven
Rent
$1,320/mo
vs
Buy (10% down)
$2,296/mo
Price-to-rent ratio: 16.7 — A ratio between 15-20 means the rent vs buy decision in West Haven depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in West Haven is $265,000, 35% below the Connecticut state median of $405,000. With a population of 55,584, West Haven is a smaller market 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 $265,000 home in West Haven would carry roughly $475/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 West Haven is $1,320/month. The price-to-rent ratio in West Haven is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
West Haven presents moderate affordability. The $265K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in West Haven.