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Mortgage Calculator &
Closing Costs: Montpelier, VT

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Montpelier, Vermont.

Median Home Price
$345K
Population
8K
Avg Monthly Rent
$1,450
Property Tax Rate
1.9%
Montpelier vs Vermont Median
The median home price in Montpelier is $345,000, which is 9% below the Vermont state median of $380,000.

Mortgage Calculator — Montpelier, VT

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

$
$69,000
%
%
years
VT avg
%
$
Monthly Payment (PITI)
$2,383
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,745
per month
Taxes & Insurance
$638
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$546
Homeowners Insurance$92
Total Monthly PITI$2,383

Closing Costs — Montpelier, VT

Estimated closing costs based on Vermont rates and fees applied to Montpelier prices.

$
%
Vermont: Avg closing costs 1.6% of price. Transfer tax: 1.45%.
Estimated Closing Costs
$16,477
4.8% of purchase price
Lender Fees
$2,909
origination, underwriting
Third-Party
$3,175
appraisal, title, inspection
Government Fees
$5,003
transfer taxes, recording
Prepaids + Escrow
$5,390
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$5,003
Prepaid Taxes (3 mo)$1,639
Prepaid Insurance (12 mo)$1,100
Prepaid Interest (15 days)$829
Escrow Reserves$1,822
Total Closing Costs$16,477

Buying a Home in Montpelier, Vermont

The median home price in Montpelier is $345,000, 9% below the Vermont state median of $380,000. With a population of 8,074, Montpelier is a smaller market where home prices tend to be more accessible than in many parts of Vermont.

Property taxes in Vermont average 1.9% annually. This higher-than-average tax rate means a $345,000 home in Montpelier would carry roughly $546/month in property taxes alone — plan accordingly. Homeowners insurance in Vermont runs approximately $1,100 per year. This is within the normal range nationally.

Average rent in Montpelier is $1,450/month. The price-to-rent ratio in Montpelier is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Montpelier presents moderate affordability. The $345K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.

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