CALCMONEY // MORTGAGE // CO // DENVER
Calculate your monthly mortgage payment using Denver-specific property tax rates and local market data.
$570,000
6.9%
0.55%
108
| Principal & Interest | $3,003 |
| Property Tax | $261 |
| Homeowners Insurance (est.) | $190 |
| Total Monthly Payment (PITI) | $3,454 |
$114,000
$625,158
$148,049/yr
The median home price in Denver is $570,000, above the national median of $420,000. With a median household income of $78,000, the price-to-income ratio is 7.3x — meaning buyers typically spend 7.3 years of gross income on the purchase price.
Property taxes in Denver run 0.55% of assessed value. On the median home, that is $3,135 per year, or $261 per month added to your mortgage payment. This is well below the national average of 1.1%, giving Denver homeowners a meaningful property tax advantage.
Colorado has a state income tax. Factor your take-home pay into how much mortgage you can comfortably carry each month.
The cost of living index in Denver is 108 (national average = 100). Day-to-day expenses beyond housing are close to the national average.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $456,000 loan saves $20,520 in interest over 30 years.
Compare Top Denver Mortgage LendersNeighborhood-level data for 4 ZIP codes in Denver. Rates, home prices, and estimated payments vary by area.