Total monthly cost of ownership
Cost to Own a Home in Falmouth Foreside, Maine
A $674,000 home here costs
$5,185per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $3,465. The real number is $1,720 higher every month — 50% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Falmouth Foreside against Cumberland County and Maine
| Measure | Falmouth Foreside | Cumberland County |
|---|---|---|
| Median home value | $674,200 | $411,400 |
| Median property tax | $7,598 | $4,577 |
| Effective tax rate | 1.127% | 1.113% |
| Median gross rent | $2,674 | $1,492 |
| Population | 2,148 | 305,940 |
The weather behind that power bill
Falmouth Foreside sits in Cumberland County, which averages a high of 79.5°F in its hottest month and a low of 15.6°F in its coldest, with 48.12" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 446 cooling and 6,795 heating degree days, which is what sets the $257 electricity line above.
See the full climate breakdown for Cumberland County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cumberland County
Full Cumberland County cost breakdown · Every county in Maine
Common questions
How much does it cost to own a home in Falmouth Foreside?
A $674,000 home in Falmouth Foreside, Maine costs approximately $5,185 per month with 20% down at 6.66%. That is $3,465 principal and interest, $633 property tax, $200 homeowners insurance, $325 utilities and $562 set aside for maintenance.
What is the property tax rate in Falmouth Foreside?
Falmouth Foreside has an effective property tax rate of 1.127%, based on a median home value of $674,200 and median real estate taxes of $7,598. That is higher than the Cumberland County average of 1.113%.
What is the average home price in Falmouth Foreside?
The median owner-occupied home value in Falmouth Foreside, Maine is $674,200, against $411,400 across Cumberland County.
Is it cheaper to rent or buy in Falmouth Foreside?
Median gross rent in Falmouth Foreside is $2,674 a month, against $5,185 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Falmouth Foreside — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Maine.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.