CALCMONEY // MORTGAGE // ID // BOISE
Calculate your monthly mortgage payment using Boise-specific property tax rates and local market data.
$450,000
6.9%
0.69%
104
| Principal & Interest | $2,371 |
| Property Tax | $259 |
| Homeowners Insurance (est.) | $150 |
| Total Monthly Payment (PITI) | $2,780 |
$90,000
$493,546
$119,130/yr
The median home price in Boise is $450,000, above the national median of $420,000. With a median household income of $72,000, the price-to-income ratio is 6.3x — meaning buyers typically spend 6.3 years of gross income on the purchase price.
Property taxes in Boise run 0.69% of assessed value. On the median home, that is $3,105 per year, or $259 per month added to your mortgage payment. This is well below the national average of 1.1%, giving Boise homeowners a meaningful property tax advantage.
Idaho 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 Boise is 104 (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 $360,000 loan saves $16,200 in interest over 30 years.
Compare Top Boise Mortgage LendersMeridian
$480,000 median
IDNampa
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IDIdaho Falls
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IDPocatello
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Neighborhood-level data for 3 ZIP codes in Boise. Rates, home prices, and estimated payments vary by area.