Mortgage on a $450K house in New Hampshire
$3,184 a month with 20% down — $2,422 principal and interest plus $538 property tax and $225 insurance.
New Hampshire's typical property tax is 1.43% of the home's value a year (U.S. average 0.9%), which adds $538 a month on a $450K home. The typical home in New Hampshire is worth $510,937, so $450K is 12% below the typical price.
$450K home in New Hampshire: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $90,000 | $360,000 | $2,422 | $0 | $763 | $3,184 | $136,500 |
| 10% down | $45,000 | $405,000 | $2,724 | $169 | $763 | $3,656 | $156,700 |
| 5% down | $22,500 | $427,500 | $2,876 | $178 | $763 | $3,817 | $163,600 |
| 3.5% down (FHA) | $15,750 | $441,849 | $2,972 | $199 | $763 | $3,934 | $168,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.43% 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 New Hampshire does $450K buy a typical home?
In these counties the typical home value is within 15% of $450K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Grafton County | $429,567 | 1.72% | $3,292 |
| Merrimack County | $486,268 | 1.85% | $3,339 |
| Strafford County | $506,299 | 1.85% | $3,340 |
| Belknap County | $507,481 | 1.31% | $3,139 |
| Carroll County | $508,169 | 0.99% | $3,018 |
| Cheshire County | $389,037 | 2.16% | $3,456 |
| Sullivan County | $384,641 | 2.14% | $3,450 |
| Hillsborough County | $517,347 | 1.66% | $3,270 |
4 of 10 New Hampshire counties tracked by Zillow have a typical home value at or below $450K. See all New Hampshire home prices.
Other prices in New Hampshire
Frequently asked questions
What is the mortgage on a $450K house in New Hampshire?
About $3,184 a month with 20% down at 7.11%: $2,422 principal and interest, $538 property tax and $225 insurance.
How much do I need to make to buy a $450K house in New Hampshire?
About $136,500 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $450K house in New Hampshire?
At New Hampshire's typical effective rate of 1.43%, about $6,451 a year. Rates vary by county and city — see the county pages.