Vermont Mortgage Calculator
Calculate your monthly payment in Vermont, with property tax included using the state's effective rate of 1.59%. See your full amortization schedule and analyze your loan structure.
Pick a state to use its property tax rate. With a keyboard, use the arrow keys and press Enter.
Estimated Monthly Payment
Estimates only. Does not include homeowners insurance, mortgage insurance (PMI), or HOA fees. Property tax uses the state's average effective rate and your actual bill may differ.
Yearly Amortization Schedule
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|---|---|---|
| 1 | $3,577 | $20,695 | $316,423 |
| 2 | $3,816 | $20,455 | $312,607 |
| 3 | $4,072 | $20,200 | $308,535 |
| 4 | $4,345 | $19,927 | $304,191 |
| 5 | $4,636 | $19,636 | $299,555 |
| 6 | $4,946 | $19,325 | $294,609 |
| 7 | $5,277 | $18,994 | $289,332 |
| 8 | $5,631 | $18,641 | $283,701 |
| 9 | $6,008 | $18,264 | $277,694 |
| 10 | $6,410 | $17,861 | $271,284 |
| 11 | $6,839 | $17,432 | $264,444 |
| 12 | $7,297 | $16,974 | $257,147 |
| 13 | $7,786 | $16,485 | $249,361 |
| 14 | $8,308 | $15,964 | $241,053 |
| 15 | $8,864 | $15,407 | $232,189 |
| 16 | $9,458 | $14,814 | $222,732 |
| 17 | $10,091 | $14,180 | $212,641 |
| 18 | $10,767 | $13,505 | $201,874 |
| 19 | $11,488 | $12,784 | $190,386 |
| 20 | $12,257 | $12,014 | $178,129 |
| 21 | $13,078 | $11,193 | $165,051 |
| 22 | $13,954 | $10,317 | $151,097 |
| 23 | $14,888 | $9,383 | $136,208 |
| 24 | $15,886 | $8,386 | $120,323 |
| 25 | $16,949 | $7,322 | $103,373 |
| 26 | $18,085 | $6,187 | $85,289 |
| 27 | $19,296 | $4,976 | $65,993 |
| 28 | $20,588 | $3,683 | $45,405 |
| 29 | $21,967 | $2,305 | $23,438 |
| 30 | $23,438 | $833 | $0 |
Property tax in Vermont: the numbers
Compared with the 0.92% national average, Vermont's effective property tax rate of 1.59% is well above the mark (73% higher). By rate, Vermont ranks 5th out of 50 when states are ordered from highest rate to lowest.
The median home value in Vermont is $316,600, and the median annual property tax bill is $5,039. Spread over twelve months, that is about $420 a month in property tax for a median-priced home.
| Effective property tax rate | 1.59% |
|---|---|
| Median home value | $316,600 |
| Median annual property tax | $5,039 |
| Rank by rate (1 = highest of 50) | 5 |
| Difference vs 0.92% national average | 0.67 points above (73% above) |
What this means for your monthly payment
Two worked examples for Vermont, using the figures above:
Example 1: the median home
$5,039 per year ÷ 12 = about $420 per month in property tax (median home value: $316,600).
Example 2: a $300,000 home
$300,000 × 1.59% ÷ 12 = about $398 per month, or $4,770 per year.
At the 0.92% national average rate, a $300,000 home would have about $2,760 in property tax per year. In Vermont it is about $4,770, which is $2,010 more per year (about $168 more per month).
Compare with similar states
States ranked just above and just below Vermont by effective property tax rate (1 = highest). States with the same rate are ordered by median annual tax.
Ranked just above (higher rate)
- New Jersey — 2.11% (rank 1)
- Illinois — 2.01% (rank 2)
- Connecticut — 1.81% (rank 3)
- New Hampshire — 1.66% (rank 4)
Vermont property tax FAQ
What is the property tax rate in Vermont?
The effective property tax rate in Vermont is 1.59%. That is 73% above the 0.92% national average, and the state ranks 5th out of 50 when states are ordered from highest rate to lowest.
How much is property tax on a $300,000 home in Vermont?
At Vermont's effective rate of 1.59%, property tax on a $300,000 home works out to about $4,770 per year, or about $398 per month. At the 0.92% national average, the same home would be about $2,760 per year, so Vermont is about $2,010 more per year.
How much is property tax on the median home in Vermont?
The median home value in Vermont is $316,600, and the median annual property tax is $5,039, which is about $420 per month.
Does the property tax rate vary inside Vermont?
Yes. Property taxes are set locally, so actual bills depend on your county, city, and exemptions. The 1.59% figure is a state-level estimate based on medians, not a rate that applies to every home.
Figures are estimates based on Census data and are not tax or financial advice. Actual bills depend on your local rates, assessed value and exemptions.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, as compiled by PropertyShark and PropertyTaxByState.