Vermont Mortgage Calculator 2026

Calculate your monthly mortgage payment for a home in Vermont (VT). The median home price in Vermont is $290,500, with an effective property tax rate of 1.71% (ranked #5 nationally). Use our free calculator to compare FHA, VA, USDA, and conventional loan options with real Vermont data.

Vermont Property Tax Information

Vermont has an effective property tax rate of 1.71%, ranking #5 among all 50 states. The median annual property tax is $4,956 ($413/month). Source: Tax Foundation 2025.

Vermont Loan Limits 2026

FHA loan limit in Vermont: $524,225 (floor) to $524,225 (ceiling for high-cost areas). Conforming loan limit: $806,500 (baseline) to $806,500 (ceiling).

Estimated Monthly Payment in Vermont

For a median-priced home of $290,500 with 20% down ($58,100), at 6.5% interest over 30 years: estimated monthly principal and interest is $1,469, plus $413 in property taxes and approximately $125 in homeowner's insurance, for a total estimated payment of approximately $2,007/month.

Vermont Closing Costs

Average closing costs in Vermont are $8,597 (2.2% of purchase price), ranked #5 nationally. Vermont charges a transfer tax on real estate transactions. Source: Bankrate/LodeStar 2025.

Vermont Housing Market 2026

Home prices in Vermont have increased 7.2% year-over-year. Average days on market: 25. Inventory level: low. Currently considered a seller's market.

Down Payment Assistance Programs in Vermont

Vermont offers 2 down payment assistance programs through Vermont Housing Finance Agency (VHFA):

  • MOVE (Mortgage for Ownership of Vermont Employees) (forgivable loan): Forgivable after 5 years. For income-eligible buyers. - Up to Up to $10,000
  • Assist Program (grant): Grant for closing costs. No repayment required. - Up to Up to $5,000

Contact VHFA: https://www.vhfa.org | Phone: 802-652-3400

Did You Know About Vermont?

  • Vermont has the 5th highest property taxes and closing costs
  • Transfer tax is 1.45% (0.5% to state, 0.95% to town)
  • Remote work migration driving price increases
  • Very tight inventory throughout the state

Frequently Asked Questions About Buying a Home in Vermont

What is the average property tax rate in Vermont?

The effective property tax rate in Vermont is 1.71%, with a median annual tax of $4,956. This ranks #5 among all states.

What are the FHA loan limits in Vermont for 2026?

The FHA loan floor in Vermont is $524,225 and the ceiling is $524,225 for high-cost areas. The conforming loan limit baseline is $806,500.

How much are closing costs in Vermont?

Average closing costs in Vermont are $8,597, which is approximately 2.2% of the purchase price.

Are there first-time homebuyer programs in Vermont?

Yes, Vermont offers 2 down payment assistance programs through Vermont Housing Finance Agency, including grants, forgivable loans, and second mortgages.

Is Vermont a good place to buy a home in 2026?

With a median home price of $290,500 and low inventory, Vermont is currently a seller's market. Home prices have increased 7.2% over the past year.

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Data last updated: 2025-11. This information is for educational purposes only and should not be considered financial advice.