When does my account start to accrue interest?

Past due property taxes start accruing interest per annum on the unpaid balance the day after the due date. Check the picture for Interest Rate Information.

For example, the first installment bill is due by July 1st. If not paid it will start accruing interest on July 2nd until the day the bill is paid in full. The second installment bill is due on December 1st. If not paid it will start accruing interest on December 2nd until the day it is paid in full.

Within 90 days of the final tax bill due date a Notice of Arrearage will be sent out to all property owners who still have a remaining balance, this notice will include all unpaid taxes and is a courtesy notice prior to the start of the lien process which will incur additional costs. Unpaid taxes that go into lien will earn interest at the lien interest rate.


Show All Answers

1. When are property taxes due in Goffstown?
2. When are property tax bills estimated to be mailed out?
3. How do I change my address for my tax bill (no edits)?
4. What period does the tax bill cover?
5. What types of payment does the Town of Goffstown accept?
6. My taxes are paid through an escrow account. Do I have to forward my tax bill to them?
7. When does my account start to accrue interest?
8. What will happen if I cannot pay my property taxes in full?
9. What is the interest rate if lien is put on my property?
10. If there is a lien placed on my property, how long before further action is taken by the Town?
11. What effect will a lien have on my property?
12. How can I get help paying my property taxes and avoid having a lien placed on my property?
13. What process can I follow to determine whether or not my taxes may be reduced or deferred?
14. What kind of tax exemptions/credits does the Town of Goffstown offer?
15. How soon after I pay off a lien will the redemption be recorded with the Registry?
16. I recently purchased my property in Goffstown. How long before future tax bills are sent in my name?
17. Why would my property assessment be higher than the current market value of my property?