Mortgage Calculator for Maine
Pre-filled with Maine's average home price of $350000, property tax rate of 1.1%, and average insurance of $1300/year. Adjust any value below.
1 Loan Details
2 Monthly Costs (Maine averages pre-filled)
Include PMI
Required when down payment < 20%
Estimated Monthly Payment
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Enter your loan details to see your payment
Total Interest Paid
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Over loan lifetime
Total Cost
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Principal + interest
Loan Amount
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Amount financed
Down Payment
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Of home price
Monthly Payment Breakdown
Balance Over Time
Rate Comparison
How your payment changes with different interest rates
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| Enter loan details above to see rate scenarios | ||
Amortization Schedule
Full month-by-month payment breakdown
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Maine Housing Market
Maine experienced significant price appreciation during the pandemic as remote workers relocated from Boston and New York. Portland has become a popular destination, with prices now rivaling mid-tier coastal markets nationally.
Affordability in Maine
Portland, Maine's median now exceeds $400,000, a dramatic shift from pre-pandemic levels. Northern and western Maine markets remain very affordable but offer limited employment opportunities outside tourism and remote work.
Key Markets
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