Closing Costs in Vermont (2026)

Buyers in Vermont typically pay 2% to 5% of the purchase price in closing costs — roughly $7,760 to $19,400 on a median-priced home around $388,000. Our itemized estimate, including lender fees, title work, government fees, and prepaid taxes and insurance, comes to about $17,072 (4.4% of the price) with 20% down at 6.75%.

The effective property tax rate in Vermont is approximately 1.8% of home value per year. On a median-priced home of $388,000, that works out to about $6,984 per year, or $582 per month. Several months of taxes are usually collected up front at closing to fund your escrow account.

Yes. Vermont property transfer tax (0.5% on the first $100k for a principal residence, 1.45% above) is paid by the buyer. At that rate on a $388,000 home, the tax is roughly $4,850 — and in this state the buyer customarily pays it, so it is included in our estimate. Everything is negotiable in the purchase contract.

The 2026 conforming loan limit in Vermont is $832,750 for a one-unit home — the national baseline. No counties in this state are designated high-cost for 2026. On a median-priced $388,000 home with 20% down, the loan is $310,400, so a typical purchase stays conforming. FHA limits also vary by county (2026 floor about $541,288).

With 20% down on a $388,000 home, plan for about $94,672 in total: $77,600 for the down payment plus roughly $17,072 in closing costs and prepaid items. A smaller down payment reduces the cash needed but adds PMI to your monthly payment.

On a median-priced $388,000 home with 20% down and a 30-year loan at 6.75%, the total monthly payment is about $2,683 — $2,013 in principal and interest, $582 in property taxes, and $88 in homeowners insurance.