Mortgage Rates in South Burlington, Vermont — March 2026
Updated March 2026 | Based on South Burlington market data and regional lending conditions
South Burlington is a growing city in Vermont with a population of 20,292. The current 30-year fixed mortgage rate in South Burlington is 6.69%, which is 0.04% above the national average. With a median home price of $435,000 and a 20% down payment of $87,000, homebuyers can expect a monthly principal and interest payment of approximately $2,243.
Current Mortgage Rates in South Burlington, VT
Below are the current average mortgage rates available in the South 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% |
South Burlington Housing Market Overview
The South Burlington housing market reflects moderate demand with prices near the national average. The median household income in South Burlington is $72,250, and the cost of living index is 112.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $124,543 to comfortably afford the median-priced home in South Burlington, which exceeds the current median household income.
Monthly Payment Breakdown for South Burlington
Based on the median home price of $435,000 with 20% down ($87,000), here is what you can expect to pay monthly in South Burlington:
15-Year vs. 30-Year Mortgage in South Burlington
Choosing a 15-year mortgage in South Burlington at 5.93% instead of a 30-year at 6.69% would save you $281,340 in total interest over the life of the loan. However, your monthly payment would be $2,923 instead of $2,243 — an increase of $680 per month.
Calculate Your South 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 South Burlington
What are the current mortgage rates in South Burlington, VT?
As of March 2026, the average 30-year fixed mortgage rate in South 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 South Burlington?
Based on the median home price of $435,000 with 20% down, the estimated monthly mortgage payment in South Burlington is $2,243 for principal and interest. Including property taxes of $663/month, the total monthly housing cost is approximately $2,906.
What income do I need to buy a home in South Burlington?
Using the 28% rule, you would need an annual income of approximately $124,543 to afford the median-priced home in South Burlington at $435,000. The median household income in South Burlington is $72,250. This means most households would need to either earn above the median or consider homes below $435,000.
Is South Burlington a good place to buy a home in 2026?
South Burlington has a moderate cost of living with a cost of living index of 112.5 (national average = 100). The property tax rate in Vermont is 1.83%, which is above the national average. South Burlington has a population of 20,292 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 South Burlington, Vermont area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.