Mortgage on a $500K house in New Hampshire
$3,538 a month with 20% down — $2,691 principal and interest plus $597 property tax and $250 insurance.
New Hampshire's typical property tax is 1.43% of the home's value a year (U.S. average 0.9%), which adds $597 a month on a $500K home. The typical home in New Hampshire is worth $510,937, so $500K is right at the typical price.
$500K 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 | $100,000 | $400,000 | $2,691 | $0 | $847 | $3,538 | $151,600 |
| 10% down | $50,000 | $450,000 | $3,027 | $188 | $847 | $4,062 | $174,100 |
| 5% down | $25,000 | $475,000 | $3,195 | $198 | $847 | $4,241 | $181,700 |
| 3.5% down (FHA) | $17,500 | $490,944 | $3,303 | $221 | $847 | $4,371 | $187,300 |
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 $500K buy a typical home?
In these counties the typical home value is within 15% of $500K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Strafford County | $506,299 | 1.85% | $3,711 |
| Belknap County | $507,481 | 1.31% | $3,488 |
| Carroll County | $508,169 | 0.99% | $3,353 |
| Merrimack County | $486,268 | 1.85% | $3,710 |
| Hillsborough County | $517,347 | 1.66% | $3,633 |
| Grafton County | $429,567 | 1.72% | $3,657 |
5 of 10 New Hampshire counties tracked by Zillow have a typical home value at or below $500K. See all New Hampshire home prices.
Other prices in New Hampshire
Frequently asked questions
What is the mortgage on a $500K house in New Hampshire?
About $3,538 a month with 20% down at 7.11%: $2,691 principal and interest, $597 property tax and $250 insurance.
How much do I need to make to buy a $500K house in New Hampshire?
About $151,600 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $500K house in New Hampshire?
At New Hampshire's typical effective rate of 1.43%, about $7,168 a year. Rates vary by county and city — see the county pages.