DayCents

Mortgage

Mortgage calculator by state, 2026

Mortgage rates barely differ across state lines — lenders price on credit and loan size, not geography. Property tax does differ, enormously, and it is bundled into the same monthly payment. Each state page opens the calculator with that state's median effective rate already applied.

20% or more avoids private mortgage insurance (PMI).

Charged on the loan amount while your loan-to-value is above 80%.

Total monthly payment

$2,572.62

Principal & interest
$2,022.62
Property tax
$400.00
Home insurance
$150.00
Loan amount
$320,000
Total interest over the loan
$408,141
Monthly$2.6K
Principal & interest$2,022.6279%
Property tax$400.0016%
Home insurance$150.006%
Amortization by year
YearPrincipal paidInterest paidRemaining balance
1$3,577$20,695$316,423
2$3,816$20,455$312,607
3$4,072$20,200$308,535
4$4,345$19,927$304,191
5$4,636$19,636$299,555
6$4,946$19,325$294,609
7$5,277$18,994$289,332
8$5,631$18,641$283,701
9$6,008$18,264$277,693
10$6,410$17,861$271,283
11$6,839$17,432$264,444
12$7,297$16,974$257,146
13$7,786$16,485$249,360
14$8,308$15,964$241,053
15$8,864$15,407$232,189
16$9,458$14,814$222,731
17$10,091$14,180$212,640
18$10,767$13,505$201,873
19$11,488$12,784$190,385
20$12,257$12,014$178,128
21$13,078$11,193$165,050
22$13,954$10,317$151,096
23$14,889$9,383$136,207
24$15,886$8,386$120,321
25$16,950$7,322$103,372
26$18,085$6,187$85,287
27$19,296$4,976$65,991
28$20,588$3,683$45,403
29$21,967$2,304$23,436
30$23,436$833$0

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The same $400,000 home, $7,760 apart

On a $400,000 home, Hawaii charges about $1,160 a year in property tax at 0.29%, while New Jersey charges $8,920 at 2.23%. That is $647 a month of difference on an identical loan — and unlike principal and interest, it never ends.

Choose your state

Property tax rates by state →Income tax by state →All mortgage calculators →

Disclaimer: DayCents provides this calculator for educational purposes only. Results are estimates based on your inputs and the stated assumptions — they are not financial advice, a quote, or an offer of credit. Consult a qualified financial professional before making major money decisions.