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Mortgage Calculator &
Closing Costs: Presque Isle, ME

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

Median Home Price
$165K
Population
9K
Avg Monthly Rent
$820
Property Tax Rate
1.3%
Presque Isle vs Maine Median
The median home price in Presque Isle is $165,000, which is 53% below the Maine state median of $350,000.

Mortgage Calculator — Presque Isle, ME

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

$
$33,000
%
%
years
ME avg
%
$
Monthly Payment (PITI)
$1,121
Principal + Interest + Tax + Insurance + PMI
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Principal & Interest
$834
per month
Taxes & Insurance
$287
per month
Total Interest Paid
$168K
over 30 years
Total Loan Cost
$300K
all payments
Payment Breakdown
Loan Amount$132,000
Principal & Interest$834
Property Taxes$179
Homeowners Insurance$108
Total Monthly PITI$1,121

Closing Costs — Presque Isle, ME

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

$
%
Maine: Avg closing costs 1.5% of price. Transfer tax: 0.44%.
Estimated Closing Costs
$7,600
4.6% of purchase price
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Lender Fees
$1,613
origination, underwriting
Third-Party
$2,275
appraisal, title, inspection
Government Fees
$726
transfer taxes, recording
Prepaids + Escrow
$2,986
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,188
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,125
Recording Fee$150
Transfer Tax$726
Prepaid Taxes (3 mo)$536
Prepaid Insurance (12 mo)$1,300
Prepaid Interest (15 days)$397
Escrow Reserves$753
Total Closing Costs$7,600

Buying a Home in Presque Isle, Maine

The median home price in Presque Isle is $165,000, 53% below the Maine state median of $350,000. With a population of 9,078, Presque Isle 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 $165,000 home in Presque Isle would carry roughly $179/month in property taxes. Homeowners insurance in Maine runs approximately $1,300 per year. This is within the normal range nationally.

Average rent in Presque Isle is $820/month. The price-to-rent ratio in Presque Isle is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Presque Isle offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Maine's MaineHousing First Home program.

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