Mortgage on a $700K house in New Hampshire
$4,953 a month with 20% down — $3,767 principal and interest plus $836 property tax and $350 insurance.
New Hampshire's typical property tax is 1.43% of the home's value a year (U.S. average 0.9%), which adds $836 a month on a $700K home. The typical home in New Hampshire is worth $510,937, so $700K is 37% above the typical price.
$700K 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 | $140,000 | $560,000 | $3,767 | $0 | $1,186 | $4,953 | $212,300 |
| 10% down | $70,000 | $630,000 | $4,238 | $263 | $1,186 | $5,687 | $243,700 |
| 5% down | $35,000 | $665,000 | $4,473 | $277 | $1,186 | $5,937 | $254,400 |
| 3.5% down (FHA) | $24,500 | $687,321 | $4,624 | $310 | $1,186 | $6,120 | $262,300 |
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 $700K buy a typical home?
In these counties the typical home value is within 15% of $700K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Rockingham County | $624,657 | 1.58% | $5,036 |
10 of 10 New Hampshire counties tracked by Zillow have a typical home value at or below $700K. See all New Hampshire home prices.
Other prices in New Hampshire
Frequently asked questions
What is the mortgage on a $700K house in New Hampshire?
About $4,953 a month with 20% down at 7.11%: $3,767 principal and interest, $836 property tax and $350 insurance.
How much do I need to make to buy a $700K house in New Hampshire?
About $212,300 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $700K house in New Hampshire?
At New Hampshire's typical effective rate of 1.43%, about $10,035 a year. Rates vary by county and city — see the county pages.