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Closing Costs: Rockland, ME

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

Median Home Price
$345K
Population
7K
Avg Monthly Rent
$1,350
Property Tax Rate
1.3%
Rockland vs Maine Median
The median home price in Rockland is $345,000, which is roughly in line with the Maine state median of $350,000.

Mortgage Calculator — Rockland, ME

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

$
$69,000
%
%
years
ME avg
%
$
Monthly Payment (PITI)
$2,226
Principal + Interest + Tax + Insurance + PMI
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Principal & Interest
$1,745
per month
Taxes & Insurance
$482
per month
Total Interest Paid
$352K
over 30 years
Total Loan Cost
$628K
all payments
Payment Breakdown
Loan Amount$276,000
Principal & Interest$1,745
Property Taxes$374
Homeowners Insurance$108
Total Monthly PITI$2,226

Closing Costs — Rockland, ME

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

$
%
Maine: Avg closing costs 1.5% of price. Transfer tax: 0.44%.
Estimated Closing Costs
$12,191
3.5% of purchase price
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Lender Fees
$2,909
origination, underwriting
Third-Party
$3,175
appraisal, title, inspection
Government Fees
$1,518
transfer taxes, recording
Prepaids + Escrow
$4,589
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,484
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$2,025
Recording Fee$150
Transfer Tax$1,518
Prepaid Taxes (3 mo)$1,121
Prepaid Insurance (12 mo)$1,300
Prepaid Interest (15 days)$829
Escrow Reserves$1,338
Total Closing Costs$12,191

Buying a Home in Rockland, Maine

The median home price in Rockland is $345,000, roughly in line with the Maine state median of $350,000. With a population of 7,297, Rockland 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 $345,000 home in Rockland would carry roughly $374/month in property taxes. Homeowners insurance in Maine runs approximately $1,300 per year. This is within the normal range nationally.

Average rent in Rockland is $1,350/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.

Rockland presents moderate affordability. The $345K 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 Rockland.
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