Maine Mortgage Calculator
Estimate your monthly mortgage payment in Maine based on the state median home price of $350K, a 1.3% property tax rate, and $1K/year homeowners insurance.
$70,000
ME avg
Principal & Interest
$1,770
per month
Taxes & Insurance
$487
per month
Total Interest Paid
$357K
over 30 years
Total Loan Cost
$637K
all payments
Payment Breakdown
Loan Amount$280,000
Principal & Interest$1,770
Property Taxes$379
Homeowners Insurance$108
Total Monthly PITI$2,257
Maine Housing at a Glance
Median Home Price
$350K
Maine statewide
Property Tax Rate
1.3%
$379/mo on median
Avg Closing Costs
$5K
1.5% of purchase price
Homeowners Insurance
$1,300/yr
$108/mo
Maine First-Time Buyer Program
MaineHousing First Home
Down payment assistance: $5,000 Advantage grant