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Mortgage Calculator Maine

Estimate payments, taxes, and insurance for ME homes

Use our Mortgage Calculator Maine to estimate monthly payments including principal, interest, property taxes, and insurance for homes in Maine.

$50K–$1.5M
$0–$300K
15–30 years
Current ME average: 6.31%
ME average: 1.27%
ME average: $1,262/year

Enter details to calculate

Maine mortgage and homebuying guide with current rates and state-specific tips.

Current Rates

30-year fixed: 6.31% APR
15-year fixed: 5.67% APR

Property Taxes

Average rate: 1.27% (5th highest in U.S.)
Median bill: $3,003/year

First-Time Buyer Programs

MaineHousing: First Home loan with 3% down, $2,500 assistance

ME Median Home: $380,000 | Avg. Monthly Payment: ~$2,100 (6.31% rate, 20% down)

Mortgage Calculator Maine: Plan Your New England Home

Use our Mortgage Calculator Maine to estimate monthly payments, total costs, and affordability for homes in Maine with current rates and state-specific taxes.

"Maine's high taxes mean budgeting is key to coastal living." — ME Homebuyer

How the Mortgage Calculator Maine Works

Our Mortgage Calculator Maine includes:

  • Principal & Interest: Standard amortization formula
  • Property Taxes: ME average 1.27% rate (5th highest in U.S.)
  • Home Insurance: ~$1,262/year
  • Current Rates: 6.31% 30-year, 5.67% 15-year
  • PMI: If down <20%

Key Outputs from the Mortgage Calculator Maine

  • Monthly Payment
  • Annual Taxes & Insurance
  • Total Monthly Cost
  • Amortization Schedule
  • PMI Estimate

Why Use This Mortgage Calculator Maine?

  • Maine taxes (1.27% avg)
  • Current ME rates (6.31% 30-yr)
  • Down payment calculator
  • PMI when <20% down
  • Mobile-optimized

Real Mortgage Calculator Maine Examples

  • $300K home, 20% down, 6.31%, 30-yr: $2,100/month
  • $500K, 10% down, 5.67%, 15-yr: $3,600/month
  • $200K, 5% down + PMI: $1,300/month

Get Started with the Mortgage Calculator Maine

  1. Enter Home Price
  2. Set Down Payment
  3. Choose Loan Term
  4. Input Interest Rate
  5. Add Taxes & Insurance

Estimate Your Maine Mortgage Now

The Mortgage Calculator Maine helps you afford your dream home in the Pine Tree State. Start now.

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