Maine (ME) · Northeast Real Estate Profile
Maine Mortgage Payment & Property Tax Guide
Calculate your exact monthly housing expense in Maine. In Maine, the effective statewide property tax rate averages 1.24% and homeowners insurance averages 0.38% of home market value. Explore 25 pre-calculated loan scenarios below.
Effective Property Tax1.24%
Homeowners Insurance0.38%
Median Home Price$370,000
Conforming Loan Limit$766,550
Property Tax Context for Maine: At 1.24%, a median-priced home of $370,000 pays roughly $4,588 per year in property taxes ($382/month). Millage rates vary across counties and municipalities.
Companion Tax Engine
View Maine Tax Tables →Check Take-Home Pay Across All 50 States on AfterTaxMath
See exact net salary, state income tax withholding, and FICA deductions for Maine residents.
Monthly Payment Benchmarks in Maine (30-Year Fixed at 6.50%%)
Estimated monthly PITI payments assuming 20% down payment and standard 28% DTI underwriting:
| Loan Amount | Est. Home Value | 30-Yr P&I | ME Property Tax | Total PITI/mo | Required Salary | Details |
|---|---|---|---|---|---|---|
| $150,000 | $187,500 | $948/mo | $194/mo | $1,201/mo | $51,000/yr | View schedule → |
| $250,000 | $312,500 | $1,580/mo | $323/mo | $2,002/mo | $86,000/yr | View schedule → |
| $350,000 | $437,500 | $2,212/mo | $452/mo | $2,803/mo | $120,000/yr | View schedule → |
| $450,000 | $562,500 | $2,844/mo | $581/mo | $3,604/mo | $154,000/yr | View schedule → |
| $550,000 | $687,500 | $3,476/mo | $710/mo | $4,404/mo | $189,000/yr | View schedule → |
| $750,000 | $937,500 | $4,741/mo | $969/mo | $6,006/mo | $257,000/yr | View schedule → |
| $1,000,000 | $1,250,000 | $6,321/mo | $1,292/mo | $8,008/mo | $343,000/yr | View schedule → |
Browse all 25 loan amounts in Maine
Select any loan principal to view detailed amortization, rate sensitivity, and DTI requirements:
$100k in ME$801/mo$150k in ME$1,201/mo$200k in ME$1,602/mo$250k in ME$2,002/mo$300k in ME$2,402/mo$350k in ME$2,803/mo$400k in ME$3,203/mo$450k in ME$3,604/mo$500k in ME$4,004/mo$550k in ME$4,404/mo$600k in ME$4,805/mo$650k in ME$5,205/mo$700k in ME$5,606/mo$750k in ME$6,006/mo$800k in ME$6,407/mo$850k in ME$6,807/mo$900k in ME$7,207/mo$950k in ME$7,608/mo$1 million in ME$8,008/mo$1.1 million in ME$8,809/mo$1.2 million in ME$9,610/mo$1.3 million in ME$10,411/mo$1.4 million in ME$11,211/mo$1.5 million in ME$12,012/mo$2 million in ME$16,016/mo
Explore neighboring Northeast states
Compare mortgage payment benchmarks and property taxes across neighboring Northeast jurisdictions:
Connecticut (1.96% tax)View guide →Delaware (0.58% tax)View guide →Massachusetts (1.15% tax)View guide →New Hampshire (1.93% tax)View guide →New Jersey (2.23% tax)View guide →New York (1.40% tax)View guide →
Closing Costs & Transfer Tax in Maine
Real estate transfer tax is $2.20 per $500 ($4.40 per $1,000), split evenly between buyer and seller.