Cost of Ownership · Vermont
The true cost of owning a home in Vermont
For a median $316,600 home in Vermont, here is the full monthly cost — not just the mortgage. Built from public data: the state's median home value and effective property-tax rate, its average homeowners premium, and the current 30-year rate. This is a representative example, not a quote.
Lender-approved payment
$2,447/mo
PITI + PMI
True monthly cost
$2,711/mo
everything, incl. upkeep
The gap
+$264/mo
what approval leaves out
Effective property-tax rate
1.59%
Avg. homeowners premium
$1,109/yr
NFIP flood claims on record
3,726
Closing costs in Vermont
Median closing costs and lender origination charges on real home-purchase loans in Vermont, from public CFPB HMDA data. Cells with fewer than 25 loans aren't shown.
Median total closing costs
$5,299
Typically $4,118–$7,697
Median origination charges
$1,730
Typically $1,014–$3,873
| Loan size | p25 | Median | p75 | Loans |
|---|---|---|---|---|
| All | $4,118 | $5,299 | $7,697 | 5,040 |
| All | $3,822 | $5,228 | $7,983 | 4,293 |
| < $250k | $3,584 | $4,447 | $5,949 | 1,449 |
| < $250k | $3,368 | $4,498 | $6,456 | 1,587 |
| $250k–$500k | $4,221 | $5,329 | $7,940 | 2,711 |
| $250k–$500k | $3,963 | $5,434 | $8,825 | 2,089 |
| $500k–$750k | $4,665 | $6,138 | $9,881 | 442 |
| $500k–$750k | $5,098 | $6,405 | $9,801 | 633 |
| > $750k | $6,019 | $7,609 | $10,945 | 247 |
| > $750k | $6,001 | $7,336 | $10,444 | 175 |
Compare your own Loan Estimate with the Loan Estimate Decoder, or see every state in the Fee & Rate Index.
Common questions about buying a home in Vermont
- What are the median closing costs in Vermont?
- Median total closing costs — lender and third-party charges — on a home-purchase loan in Vermont are about $5,299, from public CFPB HMDA data. Cells with fewer than 25 loans are suppressed.
- What is the effective property-tax rate in Vermont?
- The effective property-tax rate in Vermont is about 1.59%, from the Census American Community Survey (median real estate taxes divided by median home value).
- What does a median home cost to own each month in Vermont?
- A median $316,600 home in Vermont costs about $2,711 a month to own — principal, interest, property tax, insurance, PMI, and a maintenance reserve — versus a lender-approved payment of about $2,447. Every figure is from public data.
These figures use Vermont's median home value and a 10% down payment as a representative example. Your price, rate, and county rate will differ — run your own numbers in the True Cost tool, see how Vermont ranks on property tax and insurance, or browse every state.