Finding a place to live in New Hampshire can be difficult. It can be difficult to justify buying a home, but it can be ever harder to justify renting. We created real estate guide to help you make the best possible decision for your situation.
1) Disposable Income as a Share of Mortgage
New Hampshire is an expensive place to live. The median mortgage payment can take up nearly 25% of the median income with few breaks.
2) Absolute Disposable Income
However, because income is so variable in the state, this can range from having $35,000 to nearly $60,000.
If you would like to play around with this map a bit more, check out our interactive tax rate tool.
3) Effective Property Tax Rate
Property Taxes aren’t all you have to worry about. Income, property value, etc. We crunched the numbers and to find out the median disposable income after the median mortgage payment.
4) Mortgage as a Share of Your Income
Chances are, your salary doesn’t fall perfectly within the median. And if you make less, than you might want to move to a neighboring county. No matter your situation, input your household income to see where you might be able to afford the median home.
How much will a mortgage cost you?
Mortgages are complicated and can vary by region and company. So we built a tool to help you better estimate of how much owning a home will cost. We call it our Ultimate PITI Calculator. For a different look, check out our early mortgage payoff tool.
5) Where Should You Buy and Where Should You Rent?
Want to Know Something Else About New Hampshire?
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