State Mortgage Calculators

Get mortgage payment estimates customized for your state — with local property tax rates, insurance averages, and first-time homebuyer programs built in.

🌙

Alabama

AHFA Step Up DPA
Avg Home Price $210,000
Property Tax 0.37%
Avg Insurance $1,600/yr

One of the lowest property tax rates in the US

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🏔️

Alaska

AHFC First Home
Avg Home Price $330,000
Property Tax 1.04%
Avg Insurance $1,200/yr

No income tax, no sales tax

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🌵

Arizona

Home Plus 5% Grant
Avg Home Price $440,000
Property Tax 0.51%
Avg Insurance $1,800/yr

Very low property tax rate

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🌿

Arkansas

ADFA DPA up to $15,000
Avg Home Price $175,000
Property Tax 0.57%
Avg Insurance $1,800/yr

Among the most affordable states to buy

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🌴

California

CalHFA Dream For All
Avg Home Price $793,000
Property Tax 0.71%
Avg Insurance $1,500/yr

Low property tax rate thanks to Prop 13

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⛰️

Colorado

CHFA SmartStep Plus
Avg Home Price $545,000
Property Tax 0.49%
Avg Insurance $2,400/yr

Low property tax despite high home prices

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🍂

Connecticut

CHFA Time to Own
Avg Home Price $370,000
Property Tax 1.73%
Avg Insurance $1,600/yr

Boston/NYC commuter proximity

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🏛️

Delaware

DSHA Preferred Plus Grant
Avg Home Price $345,000
Property Tax 0.53%
Avg Insurance $1,100/yr

No state sales tax

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🌊

Florida

Florida Housing HFA Preferred
Avg Home Price $404,000
Property Tax 0.80%
Avg Insurance $4,200/yr

No state income tax + homestead exemption

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🍑

Georgia

Georgia Dream $10,000 DPA
Avg Home Price $365,000
Property Tax 0.83%
Avg Insurance $1,800/yr

Fast-growing Atlanta metro

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🌺

Hawaii

HHFDC Hula Mae
Avg Home Price $835,000
Property Tax 0.31%
Avg Insurance $1,200/yr

Lowest property tax rate in the US

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🥔

Idaho

IHFA First Loan + DPA
Avg Home Price $440,000
Property Tax 0.58%
Avg Insurance $1,100/yr

Homeowner exemption up to $125K

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🏙️

Illinois

IHDA Access Forgivable
Avg Home Price $270,000
Property Tax 2.07%
Avg Insurance $1,500/yr

Student loan payoff assistance via SmartBuy

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🏁

Indiana

IHCDA Next Home DPA Grant
Avg Home Price $215,000
Property Tax 0.81%
Avg Insurance $1,200/yr

Homestead deduction for owner-occupants

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🌽

Iowa

IFA FirstHome Plus
Avg Home Price $195,000
Property Tax 1.43%
Avg Insurance $1,100/yr

Very affordable entry price point

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🌾

Kansas

KHRC First Time Homebuyer
Avg Home Price $210,000
Property Tax 1.33%
Avg Insurance $2,500/yr

Excellent KC suburb value in Johnson County

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🐎

Kentucky

KHC Regular DPA Grant
Avg Home Price $185,000
Property Tax 0.80%
Avg Insurance $1,500/yr

Up to $10,000 in DPA available

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🎷

Louisiana

LHC Soft Second Mortgage
Avg Home Price $205,000
Property Tax 0.53%
Avg Insurance $2,600/yr

$75K homestead exemption for primary residents

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🦞

Maine

MaineHousing Advantage DPA
Avg Home Price $330,000
Property Tax 1.20%
Avg Insurance $1,000/yr

$25K homestead exemption

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🦀

Maryland

Maryland Mortgage 1st Time $6K
Avg Home Price $405,000
Property Tax 0.99%
Avg Insurance $1,400/yr

First-time buyers exempt from state transfer tax

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🦃

Massachusetts

MassHousing ONE Mortgage
Avg Home Price $600,000
Property Tax 1.15%
Avg Insurance $1,500/yr

ONE Mortgage: no PMI for qualifying buyers

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🧤

Michigan

MSHDA MI 10K DPA Loan
Avg Home Price $235,000
Property Tax 1.38%
Avg Insurance $1,300/yr

Principal Residence Exemption reduces taxes

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🌲

Minnesota

MHFA Start Up + Monthly Payment Loan
Avg Home Price $340,000
Property Tax 1.05%
Avg Insurance $1,600/yr

0% interest $17K DPA available

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🎶

Mississippi

MHC Smart Solution $6K Grant
Avg Home Price $160,000
Property Tax 0.63%
Avg Insurance $1,700/yr

Lowest avg home price in the US

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🏛️

Missouri

MHDC First Place + 4% Cash
Avg Home Price $225,000
Property Tax 0.91%
Avg Insurance $1,500/yr

4% cash assistance available

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🦌

Montana

Montana Housing 0% DPA Loan
Avg Home Price $420,000
Property Tax 0.74%
Avg Insurance $1,400/yr

No sales tax

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🌻

Nebraska

NIFA FirstHome Grant $5K
Avg Home Price $235,000
Property Tax 1.63%
Avg Insurance $2,000/yr

Papillion ranked top Midwest suburb

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🎰

Nevada

Home Is Possible 4% Grant
Avg Home Price $425,000
Property Tax 0.48%
Avg Insurance $1,200/yr

No income tax + 3% assessment cap

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🍁

New Hampshire

NHHFA Home Flex Plus DPA
Avg Home Price $430,000
Property Tax 1.86%
Avg Insurance $1,100/yr

No income tax, no sales tax

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🗽

New Jersey

NJHMFA $10K Forgivable DPA
Avg Home Price $430,000
Property Tax 2.21%
Avg Insurance $1,300/yr

NYC/Philly proximity — budget property taxes carefully

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🌶️

New Mexico

MFA FirstDown 0% DPA
Avg Home Price $280,000
Property Tax 0.67%
Avg Insurance $1,400/yr

0% deferred DPA up to $8K

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🗽

New York

SONYMA Achieving the Dream
Avg Home Price $410,000
Property Tax 1.40%
Avg Insurance $1,400/yr

STAR school tax relief program

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🌲

North Carolina

NC 1st Home Advantage $15,000
Avg Home Price $350,000
Property Tax 0.77%
Avg Insurance $1,600/yr

Top relocation destination in the Southeast

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🌾

North Dakota

NDHFA DCA up to 3%
Avg Home Price $240,000
Property Tax 0.94%
Avg Insurance $1,600/yr

Primary Residence Credit for owner-occupants

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🌽

Ohio

OHFA Your Choice! DPA
Avg Home Price $210,000
Property Tax 1.56%
Avg Insurance $1,000/yr

Among the most affordable major markets

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🌪️

Oklahoma

OHFA Dream 3.5% Grant
Avg Home Price $195,000
Property Tax 0.85%
Avg Insurance $2,400/yr

Excellent value in OKC and Tulsa suburbs

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🌲

Oregon

OHCS Oregon Bond Cash Advantage
Avg Home Price $480,000
Property Tax 0.82%
Avg Insurance $1,100/yr

No sales tax, 3% assessment cap

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🔔

Pennsylvania

PHFA K-FIT Down Payment
Avg Home Price $260,000
Property Tax 1.53%
Avg Insurance $1,100/yr

Affordable Northeast option

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Rhode Island

Rhode Island Housing Extra Assist
Avg Home Price $410,000
Property Tax 1.40%
Avg Insurance $1,600/yr

Up to $15K in DPA assistance

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🌴

South Carolina

SC Housing Palmetto Home Advantage
Avg Home Price $295,000
Property Tax 0.53%
Avg Insurance $1,800/yr

4% assessment ratio for primary homes

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🦅

South Dakota

SDHDA First-time Homebuyer
Avg Home Price $280,000
Property Tax 1.14%
Avg Insurance $1,700/yr

No income tax, no capital gains tax

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🎸

Tennessee

THDA Great Choice Plus $6K
Avg Home Price $310,000
Property Tax 0.56%
Avg Insurance $1,600/yr

No income tax, booming Nashville market

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Texas

My First Texas Home
Avg Home Price $315,000
Property Tax 1.60%
Avg Insurance $3,500/yr

No state income tax

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🏔️

Utah

UHC FirstHome 4% DPA
Avg Home Price $500,000
Property Tax 0.52%
Avg Insurance $1,100/yr

Silicon Slopes tech corridor growth

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🍁

Vermont

VHFA MOVE + ASSIST $10K
Avg Home Price $340,000
Property Tax 1.73%
Avg Insurance $1,000/yr

Remote worker grants available

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🏛️

Virginia

Virginia Housing DPA Grant
Avg Home Price $385,000
Property Tax 0.75%
Avg Insurance $1,300/yr

Virginia Housing 2.5% grant available

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🌲

Washington

WSHFC Home Advantage DPA
Avg Home Price $580,000
Property Tax 0.87%
Avg Insurance $1,300/yr

No income tax — major benefit for tech workers

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⛰️

West Virginia

WVHDF Movin' Up + USDA
Avg Home Price $140,000
Property Tax 0.51%
Avg Insurance $1,000/yr

Most affordable home prices in the contiguous US

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🧀

Wisconsin

WHEDA Easy Close DPA
Avg Home Price $270,000
Property Tax 1.61%
Avg Insurance $1,100/yr

Madison consistently top-ranked for quality of life

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🤠

Wyoming

WCDA Amortizing DPA $15K
Avg Home Price $310,000
Property Tax 0.55%
Avg Insurance $1,000/yr

No income tax, no estate tax

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🏛️

District of Columbia

DC HPAP + DC Open Doors
Avg Home Price $640,000
Property Tax 0.55%
Avg Insurance $1,200/yr

HPAP provides up to $202K in gap financing

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Why Use a State-Specific Mortgage Calculator?

Your monthly mortgage payment is not just principal and interest. Property taxes, homeowners insurance, and (when applicable) PMI all factor into what you'll pay each month. These costs vary dramatically by state and even by county within a state.

For example, a $350,000 home in New Jersey (2.21% property tax) costs roughly $644/month in taxes alone, while the same home in Alabama (0.37%) costs just $108/month in taxes — a difference of $536/month or $6,432 per year. Over a 30-year loan, that adds up to more than $193,000.

Our state calculators pre-fill local average tax rates and insurance costs so you get a realistic starting estimate without having to research every variable yourself. You can always adjust the inputs to match your specific property and county.

What's Included in Each State Calculator

  • State average effective property tax rate
  • Average homeowners insurance premium
  • Overview of major first-time homebuyer programs
  • State-specific FAQs about mortgages and homeownership
  • Closing cost considerations unique to each state
  • Market overview and most affordable vs. most competitive areas

How to Compare States for Home Buying

When comparing states, look beyond the sticker price of homes. Consider the full picture:

  • Property taxes: The largest variable after loan terms. New Jersey averages 2.21%; Hawaii averages 0.31% — a 7x difference on the same home value.
  • State income tax: Texas, Florida, Nevada, Washington, Wyoming, South Dakota, and Alaska have no state income tax. California tops out at 13.3%.
  • Homeowners insurance: Florida averages $4,200/year due to hurricane risk; West Virginia and Wyoming average $1,000.
  • Down payment assistance: Many states offer $6,000–$202,000 in assistance for qualifying buyers (DC's HPAP being the most exceptional).
  • Closing costs: States like New Jersey and DC charge significant transfer/recordation taxes; states like Oregon and Montana charge nothing.

Compare All States at a Glance

State Avg Home Price Property Tax Rate Avg Insurance/yr Income Tax
Alabama$210,0000.37%$1,6002–5%
Alaska$330,0001.04%$1,200None
Arizona$440,0000.51%$1,8002.5% flat
Arkansas$175,0000.57%$1,8002–4.4%
California$793,0000.71%$1,5001–13.3%
Colorado$545,0000.49%$2,4004.4% flat
Connecticut$370,0001.73%$1,6003–6.99%
Delaware$345,0000.53%$1,1002.2–6.6%
District of Columbia$640,0000.55%$1,2004–10.75%
Florida$404,0000.80%$4,200None
Georgia$365,0000.83%$1,8005.49% flat
Hawaii$835,0000.31%$1,2001.4–11%
Idaho$440,0000.58%$1,1005.8% flat
Illinois$270,0002.07%$1,5004.95% flat
Indiana$215,0000.81%$1,2003.15% flat
Iowa$195,0001.43%$1,1004.4–6%
Kansas$210,0001.33%$2,5003.1–5.7%
Kentucky$185,0000.80%$1,5004.5% flat
Louisiana$205,0000.53%$2,6001.85–4.25%
Maine$330,0001.20%$1,0005.8–7.15%
Maryland$405,0000.99%$1,4002–5.75%
Massachusetts$600,0001.15%$1,5005% flat
Michigan$235,0001.38%$1,3004.25% flat
Minnesota$340,0001.05%$1,6005.35–9.85%
Mississippi$160,0000.63%$1,7005% flat
Missouri$225,0000.91%$1,5004.95% flat
Montana$420,0000.74%$1,4005.9% flat
Nebraska$235,0001.63%$2,0002.46–6.84%
Nevada$425,0000.48%$1,200None
New Hampshire$430,0001.86%$1,100None (wages)
New Jersey$430,0002.21%$1,3001.4–10.75%
New Mexico$280,0000.67%$1,4001.7–5.9%
New York$410,0001.40%$1,4004–10.9%
North Carolina$350,0000.77%$1,6004.50% flat
North Dakota$240,0000.94%$1,6001.1–2.9%
Ohio$210,0001.56%$1,0002.77–3.99%
Oklahoma$195,0000.85%$2,4000.25–4.75%
Oregon$480,0000.82%$1,1004.75–9.9%
Pennsylvania$260,0001.53%$1,1003.07% flat
Rhode Island$410,0001.40%$1,6003.75–5.99%
South Carolina$295,0000.53%$1,8000–6.5%
South Dakota$280,0001.14%$1,700None
Tennessee$310,0000.56%$1,600None
Texas$315,0001.60%$3,500None
Utah$500,0000.52%$1,1004.55% flat
Vermont$340,0001.73%$1,0003.35–8.75%
Virginia$385,0000.75%$1,3002–5.75%
Washington$580,0000.87%$1,300None (wages)
West Virginia$140,0000.51%$1,0003–6.5%
Wisconsin$270,0001.61%$1,1003.5–7.65%
Wyoming$310,0000.55%$1,000None

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