Portland, ME VA Loan Calculator

Pre-loaded with Portland's illustrative property tax assumption (1.1%) and median home price ($490,000). Get a personalized rate quote in 2 minutes — free.

PORTLAND, ME
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Your payment$2,979/month
Principal & interest
$2,413.61
Property tax
$449.17
Homeowners insurance
$116.67
Loan amount$392,000
See your real rate for this payment

Your estimate: $2,979/month on a $490,000 home with $98,000 down. Request a free quote in about 2 minutes.

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Portland market snapshot

Median Home Price
$490,000
Property Tax Rate
1.1%
Avg Monthly Payment
$2,979
Typical Down Payment
$98,000

VA Loans in Portland

The median home price in Portland is $490,000, with an average property tax rate of 1.1% in Cumberland County. A typical 30-year fixed va loan on a median-priced home in Portland with 20% down would result in an estimated monthly payment of $2,979, including principal, interest, and property taxes.

VA loans are backed by the Department of Veterans Affairs and offered to eligible service members, veterans, and surviving spouses. Zero down payment, no PMI, and competitive rates.

Use the calculator above with Portland's illustrative defaults to model your own scenario, then tap Get My Free Rate Quote to compare offers from licensed lenders serving Maine.

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