Mortgage rates in Vermont
Average 30-year fixed 6.49% · Updated July 9, 2026 · Freddie Mac (FRED)
Vermont’s limited housing supply keeps prices elevated relative to incomes. Below is what buying at Vermont's median price looks like at today's national average rate, plus the local property tax and assistance that actually change your payment.
What a mortgage costs in Vermont
The interest rate on a Vermont mortgage is the same 6.49% national average a lender would quote anywhere — rates are set by the bond market, not by your state. On Vermont's median $499,000 home with 20% down, the mortgage totals $399,200, or about $2,521 a month in principal and interest.
What makes Vermont different is the cost around the loan. Its 1.83% effective property-tax rate adds roughly $761 a month, and homeowners insurance about $187 more — bringing the all-in estimate to $3,469. Those local costs, not the interest rate, are what set Vermont apart. Your own price and down payment will move the number — work backward from your income with the affordability tool.
Getting approved in Vermont
Federal HMDA lending records show Vermont lenders originated 13,418 home loans in 2025 and denied 3,065 applications — an approval rate near 81.4% among decisioned applications, against 76.6% nationwide. See how all 50 states compare in our HMDA approval analysis, and how Vermont ranks for complaint records (726 on record).
Shopping for a loan? See the most active mortgage lenders in Vermont, ranked by federal HMDA volume.
Down-payment help in Vermont
You rarely need 20% down. VHFA — Vermont's housing finance agency — runs the state's main assistance program: VHFA ASSIST grants up to $15,000 toward down payment and closing costs. Eligibility usually turns on income limits and a homebuyer-education course. Check current terms at VHFA, see how a smaller down payment changes your number with the down payment planner, or compare every state’s buyer programs.
Vermont mortgage FAQ
What is the current mortgage rate in Vermont?
As of July 9, 2026, the U.S. average 30-year fixed rate is 6.49%. The note rate itself is set nationally, not by state — a lender prices your Vermont loan the same way it would anywhere, based on your credit, down payment and loan type.
What changes locally is everything around the rate: Vermont's ~1.83% effective property tax, insurance costs, and which assistance programs apply.
What is the monthly payment on a typical Vermont home?
On Vermont's median home price of about $499,000 with 20% down at today's 6.49% average 30-year rate, expect roughly $3,469/month — that's $2,521 principal and interest plus about $761 property tax and $187 insurance. Adjust the numbers for your exact price and down payment in our calculators.
How hard is it to get approved for a mortgage in Vermont?
In 2025, Vermont lenders originated 13,418 home loans and denied 3,065 applications — an approval rate of about 81.4% among decisioned applications, versus 76.6% nationally, according to federal HMDA data. See how every state ranks in our mortgage approval report.
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.