Mortgage on a $550K house in New Hampshire
$3,892 a month with 20% down — $2,960 principal and interest plus $657 property tax and $275 insurance.
New Hampshire's typical property tax is 1.43% of the home's value a year (U.S. average 0.9%), which adds $657 a month on a $550K home. The typical home in New Hampshire is worth $510,937, so $550K is 8% above the typical price.
$550K 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 | $110,000 | $440,000 | $2,960 | $0 | $932 | $3,892 | $166,800 |
| 10% down | $55,000 | $495,000 | $3,330 | $206 | $932 | $4,468 | $191,500 |
| 5% down | $27,500 | $522,500 | $3,515 | $218 | $932 | $4,665 | $199,900 |
| 3.5% down (FHA) | $19,250 | $540,038 | $3,633 | $243 | $932 | $4,808 | $206,100 |
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 $550K buy a typical home?
In these counties the typical home value is within 15% of $550K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Hillsborough County | $517,347 | 1.66% | $3,997 |
| Carroll County | $508,169 | 0.99% | $3,688 |
| Belknap County | $507,481 | 1.31% | $3,837 |
| Strafford County | $506,299 | 1.85% | $4,082 |
| Merrimack County | $486,268 | 1.85% | $4,081 |
| Rockingham County | $624,657 | 1.58% | $3,957 |
9 of 10 New Hampshire counties tracked by Zillow have a typical home value at or below $550K. See all New Hampshire home prices.
Other prices in New Hampshire
Frequently asked questions
What is the mortgage on a $550K house in New Hampshire?
About $3,892 a month with 20% down at 7.11%: $2,960 principal and interest, $657 property tax and $275 insurance.
How much do I need to make to buy a $550K house in New Hampshire?
About $166,800 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $550K house in New Hampshire?
At New Hampshire's typical effective rate of 1.43%, about $7,885 a year. Rates vary by county and city — see the county pages.