Maine mortgage calculator

Maine
Mortgage
Calculator

Maine's housing market has surged since 2020, driven by remote workers relocating from Boston and New York. Portland's market in particular has seen significant price appreciation, with statewide prices averaging around $370,000.

PortlandLewistonBangorSouth PortlandAuburn
1.09% avg property tax
Real local rates
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$
$
Interest rate6.48%
Monthly payment
$2,357
P&I · Taxes · Insurance
Total interest
$376,131
Principal & Interest$1,867/mo
Property Tax$336/mo
Homeowners Insurance$154/mo

Recommended for incomes above $105k/yr (28% DTI rule)

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1.09%
Maine avg property tax rate
$370,000
Maine median home price
$2,357
est. monthly payment at defaults

Maine property taxes

Maine property taxes are set at the municipal level and average 1.09% statewide, with Portland and coastal towns often running higher.

Rate history

FAQ

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