Mortgage rates in New Hampshire
30-yr fixed 7.18% · Freddie Mac PMMS, week of Nov 5, 2026 · APR benchmark 7.19% (APOR for locks from Nov 9, 2026) · Last reviewed Oct 18, 2026 by the Editorial Team
New Hampshire has no income or sales tax but very high property taxes.
Mortgage rates today by loan type
These are national averages. Lenders in New Hampshire price off the same national market, so treat them as a benchmark: your quote depends on your credit, down payment, loan size and points. The APR benchmark folds in typical points and fees, so it shows what a prime borrower's APR looks like this week.
| Loan type | Avg rate | APR benchmarkAPOR | Source · as of | What it measures |
|---|---|---|---|---|
| 30-year fixed | 7.18% | 7.19% | Freddie Mac PMMSNov 5, 2026 | Conventional purchase loans, 20% down, strong credit; weekly survey |
| 20-year fixed | 6.66% | 6.93% | Zillow (via NerdWallet)Nov 6, 2026 | Lender-quoted average; checked by hand every two weeks |
| 15-year fixed | 6.57% | 6.67% | Freddie Mac PMMSNov 5, 2026 | Conventional purchase loans, 20% down, strong credit; weekly survey |
| 10-year fixed | 6.31% | 6.82% | Zillow (via NerdWallet)Nov 6, 2026 | Lender-quoted average; checked by hand every two weeks |
| 5-year ARM | 6.73% | 6.67% | Zillow (via NerdWallet)Nov 6, 2026 | Fixed for 5 years, then adjusts; APOR = prime ARM benchmark |
| 7-year ARM | — | 6.50% | APOR, locks from Nov 9, 2026 | No free rate series; APOR benchmark only |
| 10-year ARM | — | 6.63% | APOR, locks from Nov 9, 2026 | No free rate series; APOR benchmark only |
| FHA 30-year | 6.89% | — | Optimal Blue OBMMINov 5, 2026 | Locked FHA loans, all credit profiles; daily |
| VA 30-year | 6.71% | — | Optimal Blue OBMMINov 5, 2026 | Locked VA loans; daily |
| USDA 30-year | 6.86% | — | Optimal Blue OBMMINov 5, 2026 | Locked USDA loans; daily |
| Jumbo 30-year | 7.25% | — | Optimal Blue OBMMINov 5, 2026 | Locked loans above the conforming limit; daily |
APR benchmark = FFIEC/CFPB Average Prime Offer Rate for rate locks in the week starting Nov 9, 2026 (published in advance): a prime borrower's APR including typical points and fees. It is not a quote; your APR depends on credit, down payment and the points you pay. APOR is not published for FHA, VA, USDA or jumbo loans.
Calculate your New Hampshire mortgage payment
The calculator starts from New Hampshire's median list price, 20% down, the state's 1.42% effective property tax, its median insurance premium and its average closing costs. Switch to FHA or VA, change the down payment, or pick your county to set its conforming limit. For the month-by-month split of principal and interest, open the full amortization schedule. To see how New Hampshire's property tax and insurance compare with every other state, try the mortgage calculator with taxes and insurance.
New Hampshire vs. the U.S.
New Hampshire's median list price is 37% above the U.S. median, so at the same 7.18% rate the principal and interest on a 20%-down loan runs $839 a month more. Five-year price growth here was the 6th-fastest of 51 jurisdictions.
| Measure | New Hampshire | U.S. |
|---|---|---|
| Median list priceRealtor.com, Oct 2026 | $569,900 | $415,000 |
| Principal + interest, 20% down30-yr avg 7.18% | $3,089 | $2,249 |
| Average home-purchase loanHMDA 2025 | $458,980 | $404,828 |
| Average closing costsincl. transfer taxes | $7,034 | $4,661 |
| Median conventional rate paid2025 purchase loans | 6.63% | 6.50% |
| Mortgage approval rateHMDA 2025 | 78.9% | 76.6% |
| Home values, 1 yearFHFA index, Q2 2026 | +3.9% | +3.0% |
| Home values, 5 yearsFHFA index, Q2 2026 | +54.9% | +41.3% |
What New Hampshire borrowers actually paid in 2025
This is the state-specific part. Federal HMDA records show the rate and costs on every New Hampshire home-purchase loan closed in 2025. We compare like with like: 30-year fixed, first-lien, one-unit primary homes. On conventional loans, New Hampshire borrowers paid 0.07 percentage points above the market benchmark at lock, the 9th-highest of all 50 states and the District of Columbia.
| 2025 purchase loans | Median rateNH · U.S. | Over benchmarkNH · U.S. | Closing costsNH · U.S. | Paid pointsshare of loans | Median downequity on refis · NH |
|---|---|---|---|---|---|
| Conventional 30-yr fixed (conforming, 20%+ down)4,238 loans | 6.63%6.50% | +0.07+0.02 | $4,346$5,476 | 36.5%53.2% | 25% |
| Jumbo 30-yr fixed (20%+ down)108 loans | 6.63%6.63% | −0.09+0.00 | $6,319$10,251 | 20.4%38.4% | 20% |
| FHA 30-yr fixed1,028 loans | 6.50%6.25% | +0.60+0.42 | $11,840$11,291 | 38.7%59.3% | 3.5% |
| VA 30-yr fixed983 loans | 6.25%6.13% | −0.29−0.36 | $5,727$6,554 | 38.7%59.3% | 0% |
| Conventional rate-and-term refinance1,099 loans | 6.38%6.38% | −0.05−0.06 | $3,789$4,390 | 34.9%45.4% | 30.4% |
Source: 2025 HMDA loan-level records (FFIEC/CFPB), medians. "Over benchmark" = rate spread, the APR minus APOR on the lock date, which removes the effect of when each loan locked. Closing costs = total loan costs on the Closing Disclosure. HMDA has no credit scores, so these are what borrowers paid, not what you will be offered. See the lenders active in New Hampshire and what their borrowers paid.
New Hampshire's biggest conventional lenders: what their borrowers paid
The 8 largest conventional lenders in New Hampshire by 2025 purchase loans, out of 368 that made one. Each row is the median for that lender's comparable loans here: 30-year fixed, conforming, 20% or more down. A lower figure over the benchmark means cheaper pricing for the same week.
| Lender | 2025 loansshare in NH | Median rate | Over benchmark | Originationmedian | Paid pointsshare · median | Median down |
|---|---|---|---|---|---|---|
| CMG Home Loans | 1,40011.4% | 6.63% | +0.08 | $1,670 | 25%$809 | 25% |
| United Wholesale Mortgage | 8837.2% | 6.62% | +0.07 | $2,936 | 50%$2,210 | 25% |
| Emm Loans LLC | 5774.7% | 6.75% | +0.16 | $1,655 | 38%$1,486 | 25% |
| Rocket Mortgage | 4093.3% | 6.63% | +0.11 | $3,479 | 62%$2,850 | 26% |
| Guild Mortgage | 3953.2% | 6.63% | +0.06 | $1,897 | 23%$3,794 | 25% |
| Fairway Independent Mortgage | 3943.2% | 6.75% | +0.19 | $1,723 | 37%$3,017 | 25% |
| CrossCountry Mortgage | 3883.2% | 6.83% | +0.23 | $1,690 | 43%$2,580 | 29.4% |
| Meredith Village Savings Bank | 2902.4% | 6.63% | +0.04 | $975 | 34%$507 | 30% |
Source: 2025 HMDA loan-level records (FFIEC/CFPB), lenders with at least 30 comparable loans in New Hampshire. Minimum credit scores are not shown here: conventional loans usually start at 620 (a lender floor; Fannie Mae's automated underwriting sets none), FHA 580 (500 with 10% down), VA none set by VA (lenders often 620). HMDA has no credit scores, so a lender's medians reflect its own mix of borrowers. FHA and VA lenders: New Hampshire lender rankings.
How rates have moved
Weekly national averages over the past 30 days to 5 years. The 30- and 15-year lines are Freddie Mac average rates; the ARM lines are the APOR APR benchmark, because no free weekly ARM rate series exists.
- Now
- 7.18%
- Nov 5, 2026
- 1 week ago
- 7.24%
- −0.06 pts
- 1 month ago
- 7.40%
- −0.22 pts
- 1 year ago
- 6.22%
- +0.96 pts
30-year fixed: Freddie Mac PMMS (rate), weekly. National series.
What a mortgage costs in New Hampshire
On a home at New Hampshire's median list price of $569,900 with 20% down, the loan works out to $455,920, or about $3,089 a month in principal and interest at the 7.18% 30-year average.
What makes New Hampshire different is the cost around the loan. Its 1.42% effective property-tax rate adds roughly $674 a month, and homeowners insurance — at the state's median 0.25% of home value — about $119 more, bringing the all-in estimate to $3,882. That figure is principal and interest at the 30-year average, property tax and insurance; at 20% down a conventional loan has no PMI, and HOA dues or local special assessments are not included. Your own price and down payment will move the number — work backward from your income with the affordability estimator.
Payment at the $569,900 median list price by down payment and loan type
| Loan | Rate | Monthlyall-in | Mortgage ins. | Cash to close | Income needed28% rule · yearly |
|---|---|---|---|---|---|
| Conventional, 20% downNo PMI | 7.18%Freddie Mac 30-yr avg | $3,882P&I $3,089 | — | $121,014 | $166,000 |
| Conventional, 10% downPMI est. 0.7%/yr | 7.18%Freddie Mac 30-yr avg | $4,567P&I $3,475 | $299 | $64,024 | $196,000 |
| Conventional, 5% downPMI est. 0.7%/yr | 7.18%Freddie Mac 30-yr avg | $4,777P&I $3,668 | $316 | $35,529 | $205,000 |
| Conventional, 3% downPMI est. 0.7%/yr | 7.18%Freddie Mac 30-yr avg | $4,860P&I $3,745 | $322 | $24,131 | $208,000 |
| FHA, 3.5% down1.75% upfront MIP financed + annual MIP | 6.89%OBMMI FHA avg | $4,727P&I $3,682 | $252 | $26,981 | $203,000 |
| VA, 0% down2.15% funding fee financed; no monthly MI | 6.71%OBMMI VA avg | $4,553P&I $3,760 | — | $7,034 | $195,000 |
Monthly = principal and interest + property tax (1.42% effective) + homeowners insurance (about $119/mo — New Hampshire's median premium, 0.25% of home value) + mortgage insurance. HOA dues and local special assessments are not included. Cash to close = down payment + New Hampshire's average closing costs ($7,034). PMI is an illustrative 0.7% a year; FHA and VA figures use HUD's MIP schedule and VA's first-use funding fee. Income needed = the gross yearly income at which the monthly figure is 28% of pay, the classic housing-cost guideline. Lenders also limit your total monthly debts as a share of income, so car, student-loan and card payments raise the income you need.
Prices, loan limits and payments in New Hampshire's biggest counties
Home prices, and so the loan you need, vary more inside New Hampshire than rates do. The table covers the largest county markets and the high-cost counties where the conforming limit is higher. Pick a row to load it into the calculator above.
| County | Median list priceSep 2026 · yr/yr | Avg purchase loanHMDA 2025 | Conforming limitmax price at 20% down | At 20% down | Est. paymentP&I + tax + ins. | Calculator |
|---|---|---|---|---|---|---|
| Rockingham County653 homes for sale · Sep 2026 | $723,391+1.5% | $533,9993,586 loans | $962,550$1,203,187 | Conforming$578,713 loan | $4,927at 7.18% | |
| Hillsborough County562 homes for sale · Sep 2026 | $579,900+0.6% | $484,1994,395 loans | $832,750$1,040,937 | Conforming$463,920 loan | $3,950at 7.18% | |
| Grafton County463 homes for sale · Sep 2026 | $499,900-3.6% | $406,177943 loans | $832,750$1,040,937 | Conforming$399,920 loan | $3,405at 7.18% | |
| Carroll County376 homes for sale · Sep 2026 | $630,725+5.8% | $492,073820 loans | $832,750$1,040,937 | Conforming$504,580 loan | $4,296at 7.18% | |
| Belknap County366 homes for sale · Sep 2026 | $599,450-14.2% | $460,554857 loans | $832,750$1,040,937 | Conforming$479,560 loan | $4,083at 7.18% | |
| Merrimack County298 homes for sale · Sep 2026 | $566,225-1.5% | $398,1761,760 loans | $832,750$1,040,937 | Conforming$452,980 loan | $3,857at 7.18% | |
| Strafford County244 homes for sale · Sep 2026 | $599,000+7.7% | $419,3401,417 loans | $962,550$1,203,187 | Conforming$479,200 loan | $4,080at 7.18% | |
| Coos County236 homes for sale · Sep 2026 | $296,450-6.2% | $246,958337 loans | $832,750$1,040,937 | Conforming$237,160 loan | $2,019at 7.18% | |
| Cheshire County171 homes for sale · Sep 2026 | $507,450-2.1% | $370,238756 loans | $832,750$1,040,937 | Conforming$405,960 loan | $3,456at 7.18% | |
| Sullivan County151 homes for sale · Sep 2026 | $499,000+6.3% | $317,136412 loans | $832,750$1,040,937 | Conforming$399,200 loan | $3,399at 7.18% |
Sources: Realtor.com county research data (median listing price, Sep 2026); FHFA 2026 one-unit conforming limits; 2025 HMDA home-purchase originations (average loan, all loan types). Payments use the 30-year average (7.18%, or the jumbo average 7.25% above the limit), New Hampshire's 1.42% effective property tax and its median insurance premium (0.25% of value), both from Census ACS 2024 data; county tax rates differ. Max price at 20% down = the county limit ÷ 0.8, the highest price at which a 20%-down loan stays conforming. Homes for sale = active Realtor.com listings in the month, excluding pending sales.
What's different about buying a home in New Hampshire
Rates are national, but the rules around the loan are not. These New Hampshire specifics can change your payment, your closing or your protections as a borrower.
Seller notice covers radon, arsenic, lead and PFAS
Before a contract is signed on a property with a building, the seller or seller's agent must give the buyer a notice on radon, arsenic, lead, PFAS and flood risk, which the buyer signs. It says tests are available, so a buyer on a private well can check the water for arsenic and PFAS.
Source: gc.nh.govPower-of-sale foreclosure with 45-day notice
A New Hampshire mortgage with a power of sale can be foreclosed without a court suit. For a residential mortgage, the borrower must be served or mailed notice at least 45 days before the sale, and the notice must explain the right to petition the superior court to stop it.
Source: gc.nh.govStandard homeowners policies exclude most flood losses
The New Hampshire Insurance Department says homeowners insurance does not cover most flood-related losses, and that flooding is a risk throughout the state. With a federally backed mortgage on a property in a high-risk flood area, a buyer may be required to carry separate flood insurance for the life of the loan.
Source: insurance.nh.govCo-buyers default to tenants in common
A deed to 2 or more people creates a tenancy in common, not a joint tenancy, unless the deed expresses otherwise. Adding the words "as joint tenants with rights of survivorship" or "as tenants by the entirety" clearly creates a joint tenancy, so co-buyers should confirm how title is worded.
Source: gc.nh.gov10% land use change tax on current-use land
Open space land assessed at current-use values owes a land use change tax when its use changes to one that does not qualify. The tax is 10 percent of the changed land's full and true value, due on top of the annual real estate tax, so check enrollment before buying acreage.
Source: gc.nh.govChecked against official sources on October 20, 2026. Laws and programs change; confirm details with the agency named or a local real estate attorney.
How New Hampshire buyers finance their homes
New Hampshire leans conventional: 86.3% of 2025 originations were conventional loans (U.S. 78.0%), while FHA made up 7.3% and VA 6.0% — below the national 13.2% and 8.2%. Government-backed loans are still widely available; they are simply a smaller slice of what borrowers here choose.
| Loan type | Share in NH | U.S. share | Approval in NH | Avg loan in NH |
|---|---|---|---|---|
| Conventional | 86.3% | 78.0% | 78.8% | $347,135 |
| FHA | 7.3% | 13.2% | 75.9% | $373,958 |
| VA | 6.0% | 8.2% | 83.7% | $461,828 |
| USDA | 0.4% | 0.6% | 90.8% | $31,763 |
The average New Hampshire home loan in 2025 was $354,698, close to the U.S. average of $352,861, the 18th-largest of 51 jurisdictions. Home purchases accounted for 56.8% of those loans (U.S. 64.2%); cash-out refinances for 20.1% (U.S. 17.1%), so owners here tapped home equity more often than most.
Source: 2025 HMDA originations, FFIEC/CFPB. Approval = originated ÷ (originated + denied).
New Hampshire loan limits for 2026
2 of New Hampshire's 10 counties are high-cost areas for 2026, with one-unit conforming limits above the $832,750 baseline — highest in Rockingham County ($962,550), Strafford County ($962,550). Everywhere else in the state the cap is $832,750, so the same loan amount can be conforming in one county and jumbo in the next. See the full national grid in our conforming loan limit reference, and if you are over the line, what changes with jumbo rates.
County limits: FHFA 2026 conforming loan limit list (one-unit properties; two- to four-unit limits are higher).
Cash you'll need to close in New Hampshire
Average closing costs in New Hampshire are about $7,034 including transfer taxes (among the highest in the country). On a home at the median list price of $569,900:
| 20% down | 3% down | |
|---|---|---|
| Down payment | $113,980 | $17,097 |
| Average closing costs | $7,034 | $7,034 |
| Cash to close (estimate) | $121,014 | $24,131 |
Prepaid taxes and insurance are extra. Closing-cost averages by state (source: Bankrate).
Transfer taxes and recording rules in New Hampshire
New Hampshire's real estate transfer tax is $0.75 per $100 of the price owed by the buyer and another $0.75 by the seller — 1.5% in total, one of the higher combined rates in the country — paid with stamps at the county registry of deeds. Source: revenue.nh.gov
Getting approved in New Hampshire
Federal HMDA lending records show New Hampshire lenders originated 35,609 home loans in 2025 and denied 9,513 applications — an approval rate near 78.9% among decisioned applications, against 76.6% nationwide. See how all 50 states compare in our mortgage approval report, and how New Hampshire ranks for lender complaints (2,388 on record).
Shopping for a loan? See the most active mortgage lenders in New Hampshire, ranked by federal HMDA volume.
Down-payment help in New Hampshire
You rarely need 20% down. These are the main programs from NH Housing, New Hampshire's housing finance agency; they are offered through participating lenders, usually alongside the agency's own first mortgage.
Home Flex Plus / Home Preferred Plus with Cash Assistance
New Hampshire Housing's fixed-rate first mortgages with a cash-assistance second mortgage in fixed amounts of $5,000, $10,000 or $15,000 for the down payment and closing costs (it switched from percentage-based amounts in 2024).
Source: nhhfa.orgChecked against official sources on October 9, 2026. Assistance amounts, income limits and funding change during the year — confirm current terms with NH Housing or a participating lender.
New Hampshire's MCC program: closed since December 13, 2024
NH Housing's Homebuyer Tax Credit (MCC) program ended effective December 13, 2024. MCC status in all 50 states and DC.
Check current terms at NH Housing, see how a smaller down payment changes your number with the down-payment estimator, or compare assistance in every state.
How these numbers are measured
- Freddie Mac PMMS (30- and 15-year): a weekly average of rates offered to borrowers with 20% down and strong credit, published Thursdays; latest week Nov 5, 2026. Points are not reported.
- Optimal Blue OBMMI (FHA, VA, USDA, jumbo): daily averages of rates actually locked, across credit profiles. Points vary by loan.
- APOR (APR benchmark): FFIEC/CFPB's weekly Average Prime Offer Rate, an APR that includes typical points and fees for a prime borrower. Regulators use it to flag higher-priced loans.
- HMDA 2025 (New Hampshire vs U.S.): rates, costs, points and down payments on loans that actually closed, reported by lenders to federal regulators. Updated once a year.
- Census ACS 2024 (property tax and insurance): what homeowners with a mortgage in New Hampshire reported paying — the median real-estate tax divided by the median home value, and the median insurance premium as a share of value. Updated once a year.
- Interest rate vs APR: the rate sets your payment; the APR adds points and lender fees spread over the loan. Compare APRs on Loan Estimates for the same day and loan type.
Rates and APOR refresh every week; HMDA, loan limits and closing-cost averages refresh when their publishers release new data. Reviewed by our editorial team. Full sources and formulas: our methodology.
New Hampshire mortgage FAQ
What is a good mortgage rate in New Hampshire right now?
A 30-year fixed close to the national average of 7.18% (Freddie Mac, week of Nov 5, 2026) is a fair benchmark for a borrower with strong credit and 20% down. In 2025, New Hampshire's conventional buyers paid a median 6.63%.
Quotes well above that usually reflect lower credit, a small down payment or lender credits taken in exchange for a higher rate.
Are mortgage rates higher in New Hampshire than in other states?
Slightly. In 2025 HMDA records, New Hampshire's median conventional 30-year rate was 6.63%, against 6.50% nationally.
Against the benchmark for each loan's lock week, which counts points and fees, New Hampshire loans priced 0.07 percentage points above it (the 9th-highest of all 50 states and the District of Columbia), against 0.02 above nationally.
Rates are set mainly in one national market, so your credit, down payment and loan size matter more.
What are current jumbo mortgage rates in New Hampshire?
The national jumbo 30-year average is 7.25% (Optimal Blue). In 2025, New Hampshire's jumbo buyers paid a median 6.63%. A loan is jumbo above the $832,750 conforming limit, or above $962,550 in New Hampshire's highest-cost counties.
Jumbo lenders typically want 10–20% down, a 700+ credit score and 6–12 months of reserves.
Should I choose a 15-year or 30-year mortgage?
On a $455,920 loan (20% down on New Hampshire's median list price), a 30-year at 7.18% costs $3,089 a month and a 15-year at 6.57% costs $3,989.
The 15-year saves about $393,841 in interest but needs $901 more a month, so it fits only if that payment is comfortable.
How much does a 1% difference in mortgage rates change my monthly payment?
On a $455,920 loan (20% down on New Hampshire's median list price), moving from 7.18% to 8.18% raises the principal-and-interest payment from $3,089 to $3,403, or $314 a month.
Over 30 years that is about $113,113 more in interest, which is why comparing several lenders on the same day matters.
Are mortgage rates different for purchase and refinance loans?
Yes, slightly. In 2025, New Hampshire's conventional rate-and-term refinances closed at a median 6.38% and purchases at 6.63%, partly because refinances bunch up when rates dip. Refinances priced 0.05 percentage points below the market benchmark; cash-out refinances usually cost more. Your own pricing depends on credit, loan-to-value and points.
How much is a $400,000 mortgage at 7.18% interest?
About $2,710 a month in principal and interest over 30 years. In New Hampshire, a $500,000 home with that loan adds roughly $592 a month in property tax at the 1.42% effective rate, plus homeowners insurance. Over 30 years the loan costs about $575,506 in interest.
How much income do I need to buy a home in New Hampshire?
About $166,000 a year for a home at the $569,900 median list price with 20% down, if the full $3,882 monthly payment, including tax and insurance, stays within 28% of gross income.
Smaller down payments add mortgage insurance and raise that figure; existing debts lower what lenders approve.
What down payment assistance is available in New Hampshire?
NH Housing, the state housing finance agency, runs Home Flex Plus / Home Preferred Plus with Cash Assistance, offered through participating lenders. Help usually comes as a grant or a deferred or forgivable second loan paired with the agency's first mortgage.
Amounts, income limits and funding change during the year, so confirm current terms with NH Housing or a participating lender before you apply.
- Freddie Mac — Primary Mortgage Market Survey
- FFIEC / CFPB — Average Prime Offer Rates (APOR)
- FFIEC / CFPB — HMDA data browser (2025 loan-level records)
- Optimal Blue OBMMI via FRED (FHA, VA, USDA, jumbo)
- FHFA — 2026 conforming loan limits by county
- U.S. Census Bureau — 2024 American Community Survey microdata (property tax and homeowners insurance)
- HUD — Handbook 4000.1 (FHA mortgage insurance)
Rates shown are national weekly averages for general guidance, not an offer or personalized quote. Payment estimates assume the down payment noted plus estimated taxes and insurance. Confirm current pricing with a licensed lender.