CALCMONEY // HOME AFFORDABILITY // NH
Find out how much home you can afford in New Hampshire using local median home prices, current mortgage rates, and NH-specific property tax data.
Open Full Calculator$521,177
$3,576/mo
$281,014
$153,243/yr
| Median Home Price | $521,177 |
| Down Payment (20%) | $104,235 |
| Loan Amount | $416,942 |
| Monthly PI Payment | $2,707 |
| Monthly Property Tax | $651 |
| Monthly Insurance Est. | $217 |
| Total Monthly PITI | $3,576 |
| Required Gross Income (28% rule) | $153,243/yr |
| Max Affordable Price (28% rule) | $281,014 |
$18,241
$4,490/mo
New Hampshire Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $521,177 | State median |
| Down Payment (20%) | $104,235 | Conventional |
| Monthly PITI (median home) | $3,576 | 6.76% rate |
| Required Income (28% rule) | $153,243 | Annual gross |
| Max Affordable Home | $281,014 | Based on median income |
| FHA Down Payment (3.5%) | $18,241 | Minimum FHA |
Monthly PITI includes principal, interest, property tax, and homeowners insurance.
The median home price in New Hampshire is $521,177, with a current 30-year fixed mortgage rate of 6.76%. A buyer putting 20% down on the median home would carry a loan of $416,942, resulting in a monthly principal and interest payment of $2,707. Once property taxes and insurance are added, total monthly housing costs reach $3,576.
Property taxes in New Hampshire average 1.5%, near the national average of 1.1%. On the median New Hampshire home, property taxes add $651/month to total housing costs.
New Hampshire has no state income tax, which increases effective take-home pay relative to higher-tax states and can improve overall buying power for NH residents.
Using the 28% rule, a household earning New Hampshire's median income of $99,782/year can afford up to $2,328/month in total housing costs (principal, interest, taxes, and insurance). Based on New Hampshire's current mortgage rate of 6.76% and property tax rate of 1.5%, that translates to a maximum affordable home price of approximately $281,014 with 20% down on a 30-year loan.
To comfortably afford the median New Hampshire home priced at $521,177, you need an annual gross income of approximately $153,243. This is based on the standard 28% rule: your total monthly housing costs (principal and interest of $2,707, property taxes of $651, and insurance of $217) come to $3,576/month, which should not exceed 28% of your gross monthly income.
New Hampshire's average property tax rate is 1.5%, which is above the national average of 1.1%. On the median New Hampshire home of $521,177, that means annual property taxes of $7,818, or $651/month. Because lenders include property taxes in your debt-to-income calculation, New Hampshire's property taxes have a relatively modest impact on overall affordability.
The minimum down payment depends on your loan type. For an FHA loan, you can put down as little as 3.5% — on the median New Hampshire home of $521,177, that is $18,241. Conventional loans typically require 5% down, though some programs allow 3%. Putting down 20% ($104,235 on the median New Hampshire home) lets you avoid private mortgage insurance (PMI), which can add 0.5%–1% to your annual loan cost. There are no New Hampshire-specific minimum down payment requirements beyond federal guidelines.