Mortgage Rates in Barre, Vermont — March 2026
Updated March 2026 | Based on Barre market data and regional lending conditions
Barre is a growing city in Vermont with a population of 8,781. The current 30-year fixed mortgage rate in Barre is 6.37%, which is 0.28% below the national average. With a median home price of $195,000 and a 20% down payment of $39,000, homebuyers can expect a monthly principal and interest payment of approximately $973.
Current Mortgage Rates in Barre, VT
Below are the current average mortgage rates available in the Barre area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.37% | 6.65% | -0.28% |
| 15-Year Fixed | 5.61% | 5.89% | -0.28% |
| 5/1 ARM | 5.87% | 6.15% | -0.28% |
| FHA | 5.97% | 6.25% | -0.28% |
| VA | 5.77% | 6.05% | -0.28% |
| Jumbo | 6.57% | 6.85% | -0.28% |
Barre Housing Market Overview
The Barre housing market offers relatively affordable housing compared to many major cities. The median household income in Barre is $35,000, and the cost of living index is 92 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $54,514 to comfortably afford the median-priced home in Barre, which exceeds the current median household income.
Monthly Payment Breakdown for Barre
Based on the median home price of $195,000 with 20% down ($39,000), here is what you can expect to pay monthly in Barre:
15-Year vs. 30-Year Mortgage in Barre
Choosing a 15-year mortgage in Barre at 5.61% instead of a 30-year at 6.37% would save you $119,160 in total interest over the life of the loan. However, your monthly payment would be $1,284 instead of $973 — an increase of $311 per month.
Calculate Your Barre Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Barre
What are the current mortgage rates in Barre, VT?
As of March 2026, the average 30-year fixed mortgage rate in Barre, Vermont is 6.37%, while the 15-year fixed rate is 5.61%. FHA loans average 5.97% and VA loans 5.77%. These rates are 0.28% below the national average of 6.65%.
How much is a monthly mortgage payment in Barre?
Based on the median home price of $195,000 with 20% down, the estimated monthly mortgage payment in Barre is $973 for principal and interest. Including property taxes of $299/month, the total monthly housing cost is approximately $1,272.
What income do I need to buy a home in Barre?
Using the 28% rule, you would need an annual income of approximately $54,514 to afford the median-priced home in Barre at $195,000. The median household income in Barre is $35,000. This means most households would need to either earn above the median or consider homes below $195,000.
Is Barre a good place to buy a home in 2026?
Barre offers a below-average cost of living with a cost of living index of 92 (national average = 100). The property tax rate in Vermont is 1.84%, which is above the national average. Barre has a population of 8,781 and offers a very affordable lifestyle.
Mortgage Rates in Other Vermont Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Barre, Vermont area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.