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04116 Mortgage Calculator

Estimate your true cost of homeownership in ZIP Code 04116 with localized property taxes, insurance, and utility data.

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Est. Total Monthly Cost
$3,618
P&I Payment$2,923
Taxes & Ins$549
Utilities$147
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Mortgage Details

$559,056
Local Median: $559,056
$111,811 (20%)
%

Used with your down payment to fetch a live, scenario-specific rate.

Local Area Costs

Monthly$3,618

Monthly Breakdown

Principal & Interest
$2,923
Property Taxes
$425
Homeowners Ins.
$124
Utilities
$147

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$604,983

Local Housing Facts for ZIP Code 04116

  • ·Median home value: $559,056 (adjusted for current market conditions)
  • ·Est. property taxes: $5,102/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $1,482/yr — based on local per-$1K premium rates
  • ·Energy utilities: $1,758/yr — sourced from DOE LEAD survey data
  • ·Flood insurance: optional — toggled off by default, estimate based on FEMA risk profile

Frequently Asked Questions

How much are property taxes in SOUTH PORTLAND?

Based on the local median home value, estimated real estate property taxes in SOUTH PORTLAND are around $5,102 per year.

What is the average home price in SOUTH PORTLAND?

The median home value in SOUTH PORTLAND is currently estimated at $559,056.

How much does homeowners insurance cost in SOUTH PORTLAND?

For a median priced home, homeowners insurance in SOUTH PORTLAND averages around $1,482 annually.

What is the true total cost of owning a home in SOUTH PORTLAND?

True homeownership costs go beyond principal and interest. In SOUTH PORTLAND, a typical homeowner with a median-priced home of $559,056 can expect to pay roughly $5,102/yr in property taxes, $1,482/yr for homeowners insurance, and $1,758/yr in energy utilities. That adds approximately $695 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.