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Mortgage Calculator &
Closing Costs: Morrisville, VT

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

Median Home Price
$295K
Population
5K
Avg Monthly Rent
$1,220
Property Tax Rate
1.9%
Morrisville vs Vermont Median
The median home price in Morrisville is $295,000, which is 22% below the Vermont state median of $380,000.

Mortgage Calculator — Morrisville, VT

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

$
$59,000
%
%
years
VT avg
%
$
Monthly Payment (PITI)
$2,051
Principal + Interest + Tax + Insurance + PMI
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Principal & Interest
$1,492
per month
Taxes & Insurance
$559
per month
Total Interest Paid
$301K
over 30 years
Total Loan Cost
$537K
all payments
Payment Breakdown
Loan Amount$236,000
Principal & Interest$1,492
Property Taxes$467
Homeowners Insurance$92
Total Monthly PITI$2,051

Closing Costs — Morrisville, VT

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

$
%
Vermont: Avg closing costs 1.6% of price. Transfer tax: 1.45%.
Estimated Closing Costs
$14,547
4.9% of purchase price
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Lender Fees
$2,549
origination, underwriting
Third-Party
$2,925
appraisal, title, inspection
Government Fees
$4,278
transfer taxes, recording
Prepaids + Escrow
$4,795
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,124
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,775
Recording Fee$150
Transfer Tax$4,278
Prepaid Taxes (3 mo)$1,401
Prepaid Insurance (12 mo)$1,100
Prepaid Interest (15 days)$709
Escrow Reserves$1,585
Total Closing Costs$14,547

Buying a Home in Morrisville, Vermont

The median home price in Morrisville is $295,000, 22% below the Vermont state median of $380,000. With a population of 5,227, Morrisville 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 $295,000 home in Morrisville would carry roughly $467/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 Morrisville is $1,220/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.

Morrisville presents moderate affordability. The $295K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.

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Compare total costs of renting vs buying in Morrisville.
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