Mortgage Rates in Burlington, Vermont — March 2026
Updated March 2026 | Based on Burlington market data and regional lending conditions
Burlington is a growing city in Vermont with a population of 44,743. The current 30-year fixed mortgage rate in Burlington is 6.69%, which is 0.04% above the national average. With a median home price of $415,000 and a 20% down payment of $83,000, homebuyers can expect a monthly principal and interest payment of approximately $2,140.
Current Mortgage Rates in Burlington, VT
Below are the current average mortgage rates available in the Burlington 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 | 6.69% | 6.65% | +0.04% |
| 15-Year Fixed | 5.93% | 5.89% | +0.04% |
| 5/1 ARM | 6.19% | 6.15% | +0.04% |
| FHA | 6.29% | 6.25% | +0.04% |
| VA | 6.09% | 6.05% | +0.04% |
| Jumbo | 6.89% | 6.85% | +0.04% |
Burlington Housing Market Overview
The Burlington housing market reflects moderate demand with prices near the national average. The median household income in Burlington is $52,250, and the cost of living index is 115.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $118,843 to comfortably afford the median-priced home in Burlington, which exceeds the current median household income.
Monthly Payment Breakdown for Burlington
Based on the median home price of $415,000 with 20% down ($83,000), here is what you can expect to pay monthly in Burlington:
15-Year vs. 30-Year Mortgage in Burlington
Choosing a 15-year mortgage in Burlington at 5.93% instead of a 30-year at 6.69% would save you $268,380 in total interest over the life of the loan. However, your monthly payment would be $2,789 instead of $2,140 — an increase of $649 per month.
Calculate Your Burlington 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 Burlington
What are the current mortgage rates in Burlington, VT?
As of March 2026, the average 30-year fixed mortgage rate in Burlington, Vermont is 6.69%, while the 15-year fixed rate is 5.93%. FHA loans average 6.29% and VA loans 6.09%. These rates are 0.04% above the national average of 6.65%.
How much is a monthly mortgage payment in Burlington?
Based on the median home price of $415,000 with 20% down, the estimated monthly mortgage payment in Burlington is $2,140 for principal and interest. Including property taxes of $633/month, the total monthly housing cost is approximately $2,773.
What income do I need to buy a home in Burlington?
Using the 28% rule, you would need an annual income of approximately $118,843 to afford the median-priced home in Burlington at $415,000. The median household income in Burlington is $52,250. This means most households would need to either earn above the median or consider homes below $415,000.
Is Burlington a good place to buy a home in 2026?
Burlington has a moderate cost of living with a cost of living index of 115.5 (national average = 100). The property tax rate in Vermont is 1.83%, which is above the national average. Burlington has a population of 44,743 and offers a balanced 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 Burlington, Vermont area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.