Buying in New Hampshire: what the numbers look like
Property taxes are the line to watch in New Hampshire: at an average effective 1.61% — 5th highest in the country versus a ~0.94% national average — the typical $480,000 home carries roughly $7,728 a year ($644 per month) in tax before you've paid a dollar of principal. On the insurance side, New Hampshire homeowners average about $1,500 a year — a bargain at 44% below the 50-state average.
Put together at an illustrative 6.5% rate (30-year, 20% down), the typical New Hampshire purchase pencils out near $3,196/month: $2,427 principal & interest + $644 tax + $125 insurance. That's the number the calculator above starts from — swap in your real price, rate quote, and county figures to make it yours.
Property taxes & closing costs in New Hampshire
No state income or sales tax — property taxes carry the load, hence the fourth-highest rate nationally.
Transfer tax: Transfer tax of 1.5% total (0.75% each side) — high for the region. Closing costs also include lender, title, and recording fees — typically 2–5% of the price all-in.
New Hampshire at a glance
| Typical home value (Zillow, 2025) | $480,000 (9th highest) |
| Avg. effective property tax (2023) | 1.61% ≈ $644/mo |
| Avg. home insurance (2025) | $1,500/yr ≈ $125/mo |
| Example payment (typical home, 6.5%, 20% down) | $3,196/mo |
Frequently asked questions
How much is the mortgage payment on a typical New Hampshire home?
The typical New Hampshire home runs about $480,000 (Zillow, 2025). With 20% down ($96,000) on a 30-year loan at an illustrative 6.5% rate, the full monthly payment is roughly $3,196 — $2,427 principal & interest, $644 property tax, and $125 insurance. Adjust every input above to match your own price and quote.
What is the property tax rate in New Hampshire?
New Hampshire's average effective rate is 1.61% of home value — the 5th highest in the nation (Tax Foundation, 2023 data). On the typical $480,000 home that is about $7,728 per year. No state income or sales tax — property taxes carry the load, hence the fourth-highest rate nationally.
How much is homeowners insurance in New Hampshire?
Roughly $1,500 per year on average for $300k of dwelling coverage (Bankrate, 2025) — below the 50-state average of $2,682. Your premium depends on the home’s age, construction, claims history, and coverage limits, so quote several insurers.
Nearby states & more tools
Compare: Vermont mortgage calculator · Maine mortgage calculator · Massachusetts mortgage calculator · Connecticut mortgage calculator — or see all 50 states compared.
Not sure of your price range? Start with the home affordability calculator, then fine-tune here. The full mortgage calculator has extra payments and PMI controls too.
Data & sources: Property tax — Effective property tax rate on owner-occupied housing, calendar year 2023 (Tax Foundation analysis of Census ACS data, published 2025). Home value — Typical home value, Zillow Home Value Index (ZHVI), 2025, rounded to the nearest $5,000. Insurance — Average annual homeowners insurance premium for $300k dwelling coverage (Bankrate/Quadrant 2025), rounded to the nearest $50. State-level figures are planning defaults, not quotes: property taxes vary by county and city, insurance varies by home and insurer, and home values move monthly. Every value prefills the calculator but remains editable. The 6.5% rate is illustrative, not an offer or a prediction — always enter a real quote.
Disclaimer: Educational purposes only — not financial advice. See our Terms of Use.