Mortgage Calculator
See your estimated monthly payment including taxes, insurance, and PMI.
Home Price $350,000
Down Payment $70,000 (20%)
Loan Term
Interest Rate (%)
Property Tax Rate (%)
Home Insurance ($/yr)
HOA ($/mo)
Estimated Monthly Payment
$2,247
Loan Amount: $280,000
Total
$2,247
Principal & Interest
$1,769
Property Tax
$613
Insurance
$200
PMI
$0
HOA
$0
Want exact numbers for your situation?
Get a Free AI AnalysisHouston Property Taxes
Houston area tax rates range from about 1.8% to 3.5% depending on the county, city, school district, and whether the property is in a MUD district. The default 2.1% is a common starting point, but your rate could be higher or lower.
What Is PMI?
Private Mortgage Insurance is required when your down payment is less than 20%. It typically costs 0.5% to 1% of the loan amount per year. Once you reach 20% equity, PMI can be removed.
This Is an Estimate
This calculator gives you a starting point. Your actual payment depends on your credit score, loan product, and specific property. Contact us for exact numbers tailored to your situation.