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Mortgage Calculator &
Closing Costs: Auburn, ME

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Auburn, Maine.

Median Home Price
$255K
Population
24K
Avg Monthly Rent
$1,250
Property Tax Rate
1.3%
Auburn vs Maine Median
The median home price in Auburn is $255,000, which is 27% below the Maine state median of $350,000.

Mortgage Calculator — Auburn, ME

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

$
$51,000
%
%
years
ME avg
%
$
Monthly Payment (PITI)
$1,674
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,289
per month
Taxes & Insurance
$384
per month
Total Interest Paid
$260K
over 30 years
Total Loan Cost
$464K
all payments
Payment Breakdown
Loan Amount$204,000
Principal & Interest$1,289
Property Taxes$276
Homeowners Insurance$108
Total Monthly PITI$1,674

Closing Costs — Auburn, ME

Estimated closing costs based on Maine rates and fees applied to Auburn prices.

$
%
Maine: Avg closing costs 1.5% of price. Transfer tax: 0.44%.
Estimated Closing Costs
$9,895
3.9% of purchase price
Lender Fees
$2,261
origination, underwriting
Third-Party
$2,725
appraisal, title, inspection
Government Fees
$1,122
transfer taxes, recording
Prepaids + Escrow
$3,787
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,836
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,575
Recording Fee$150
Transfer Tax$1,122
Prepaid Taxes (3 mo)$829
Prepaid Insurance (12 mo)$1,300
Prepaid Interest (15 days)$613
Escrow Reserves$1,045
Total Closing Costs$9,895

Buying a Home in Auburn, Maine

The median home price in Auburn is $255,000, 27% below the Maine state median of $350,000. With a population of 24,220, Auburn is a smaller market where home prices tend to be more accessible than in many parts of Maine.

Property taxes in Maine average 1.3% annually. This moderate property tax rate means a $255,000 home in Auburn would carry roughly $276/month in property taxes. Homeowners insurance in Maine runs approximately $1,300 per year. This is within the normal range nationally.

Average rent in Auburn is $1,250/month. The price-to-rent ratio in Auburn is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Auburn presents moderate affordability. The $255K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.

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