The median home price in New Hampshire is $430,000. This guide covers mortgage options, down payment requirements, and tax implications for H1B holders buying in NH.
| Metric | Value |
|---|---|
| Median Home Price | $430,000 |
| State Income Tax | 0% |
| Property Tax Rate (avg) | 0.5%–2% annually |
| Down Payment (conventional) | 3–20% of purchase price |
| Mortgage Rate (2025 avg) | 6.5%–7.5% |
H1B holders can access conventional mortgages from most US lenders. Key requirements:
| Home Price | 3% Down | 10% Down | 20% Down |
|---|---|---|---|
| $250,000 | $7,500 | $25,000 | $50,000 |
| $430,000 | $12,900 | $43,000 | $86,000 |
| $1,000,000 | $30,000 | $100,000 | $200,000 |
Many H1B holders transfer their down payment from savings held abroad. This is perfectly legal. To avoid losing money on exchange rates, use Wise to send large transfers at the real rate.
As an H1B holder in New Hampshire (0% state income tax), you can deduct:
Tax advantage: With no state income tax in New Hampshire, your mortgage interest deduction is even more valuable.
Yes. Most major banks and mortgage lenders in New Hampshire offer home loans to H1B visa holders. You'll need a valid H1B, US credit history, and proof of income. FHA loans are also available.
You can continue to own the property. You may rent it out, sell it, or if you leave the US, manage it remotely. There is no restriction on non-residents owning US property.
The median price in New Hampshire is $430,000. Market conditions vary by city. Consult a local real estate agent for current market trends.