CALCMONEY // MORTGAGE // ME // AUBURN
Calculate your monthly mortgage payment using Auburn-specific property tax rates and local market data.
$215,000
6.95%
1.12%
91
| Principal & Interest | $1,139 |
| Property Tax | $201 |
| Homeowners Insurance (est.) | $72 |
| Total Monthly Payment (PITI) | $1,411 |
$43,000
$237,878
$60,466/yr
Auburn homebuyers are working with a $215,000 median price point, 49% below the national figure. Against the $50,000 median household income in the area, that's a 4.3x multiple.
Auburn's 1.12% property tax rate runs above the 1.1% national average. That's $201/month on the median home here, not a rounding error against the mortgage payment.
Unlike the nine no-income-tax states, Maine taxes wage income. Worth running your actual take-home pay against the $1,411/month payment here before locking in a target price.
Day-to-day expenses in Auburn track at 91 against the national 100 baseline, below average once you look past the mortgage payment itself.
Auburn's median home price runs 56% lower than nearby Portland: $485,000 there versus $215,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $172,000 loan saves $7,740 in interest over 30 years.
Compare Top Auburn Mortgage LendersPortland
$485,000 median
MELewiston
$235,000 median
MEBangor
$265,000 median
MESouth Portland
$420,000 median