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Mortgage Calculator &
Closing Costs: Lewiston, ME

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

Median Home Price
$245K
Population
37K
Avg Monthly Rent
$1,220
Property Tax Rate
1.3%
Lewiston vs Maine Median
The median home price in Lewiston is $245,000, which is 30% below the Maine state median of $350,000.

Mortgage Calculator — Lewiston, ME

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

$
$49,000
%
%
years
ME avg
%
$
Monthly Payment (PITI)
$1,612
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,239
per month
Taxes & Insurance
$373
per month
Total Interest Paid
$250K
over 30 years
Total Loan Cost
$446K
all payments
Payment Breakdown
Loan Amount$196,000
Principal & Interest$1,239
Property Taxes$265
Homeowners Insurance$108
Total Monthly PITI$1,612

Closing Costs — Lewiston, ME

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

$
%
Maine: Avg closing costs 1.5% of price. Transfer tax: 0.44%.
Estimated Closing Costs
$9,640
3.9% of purchase price
Lender Fees
$2,189
origination, underwriting
Third-Party
$2,675
appraisal, title, inspection
Government Fees
$1,078
transfer taxes, recording
Prepaids + Escrow
$3,698
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,764
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,525
Recording Fee$150
Transfer Tax$1,078
Prepaid Taxes (3 mo)$796
Prepaid Insurance (12 mo)$1,300
Prepaid Interest (15 days)$589
Escrow Reserves$1,013
Total Closing Costs$9,640

Buying a Home in Lewiston, Maine

The median home price in Lewiston is $245,000, 30% below the Maine state median of $350,000. With a population of 37,121, Lewiston 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 $245,000 home in Lewiston would carry roughly $265/month in property taxes. Homeowners insurance in Maine runs approximately $1,300 per year. This is within the normal range nationally.

Average rent in Lewiston is $1,220/month. The price-to-rent ratio in Lewiston is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Lewiston 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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