CALCMONEY // MORTGAGE // ME // LEWISTON
Calculate your monthly mortgage payment using Lewiston-specific property tax rates and local market data.
$235,000
6.95%
1.15%
93
| Principal & Interest | $1,244 |
| Property Tax | $225 |
| Homeowners Insurance (est.) | $78 |
| Total Monthly Payment (PITI) | $1,548 |
$47,000
$260,006
$66,343/yr
Lewiston's median home price sits at $235,000, 44% below the $420,000 national median. On a $48,000 median household income, that puts the price-to-income ratio at 4.9x, or 4.9 years of gross pay for the purchase price alone.
At a 1.15% effective rate, Lewiston property taxes add $225 to the monthly payment on the median home, $2,703 a year in total.
Maine levies a state income tax on top of the $1,548/month this mortgage runs. Model your real after-tax take-home before deciding how much payment you can carry.
Lewiston's cost of living index is 93, below the 100 national baseline. That's on top of the housing numbers above, not instead of them.
Lewiston's median home price runs 52% lower than nearby Portland: $485,000 there versus $235,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $188,000 loan saves $8,460 in interest over 30 years.
Compare Top Lewiston Mortgage LendersPortland
$485,000 median
MEBangor
$265,000 median
MESouth Portland
$420,000 median
MEAuburn
$215,000 median