Mortgage on a $100K house in Vermont
$714 a month with 20% down — $538 principal and interest plus $125 property tax and $50 insurance.
Vermont's typical property tax is 1.51% of the home's value a year (U.S. average 0.9%), which adds $125 a month on a $100K home. The typical home in Vermont is worth $391,900, so $100K is 74% below the typical price.
$100K home in Vermont: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $20,000 | $80,000 | $538 | $0 | $175 | $714 | $30,600 |
| 10% down | $10,000 | $90,000 | $605 | $38 | $175 | $818 | $35,100 |
| 5% down | $5,000 | $95,000 | $639 | $40 | $175 | $854 | $36,600 |
| 3.5% down (FHA) | $3,500 | $98,189 | $661 | $44 | $175 | $880 | $37,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.51% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Where in Vermont does $100K buy a typical home?
No Vermont county has a typical home value within 15% of $100K.
0 of 14 Vermont counties tracked by Zillow have a typical home value at or below $100K. See all Vermont home prices.
Other prices in Vermont
Frequently asked questions
What is the mortgage on a $100K house in Vermont?
About $714 a month with 20% down at 7.11%: $538 principal and interest, $125 property tax and $50 insurance.
How much do I need to make to buy a $100K house in Vermont?
About $30,600 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $100K house in Vermont?
At Vermont's typical effective rate of 1.51%, about $1,506 a year. Rates vary by county and city — see the county pages.