CALCMONEY // MORTGAGE // KY
Calculate your monthly mortgage payment using Kentucky-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$234,510
6.76%
0.74%
3.5% flat
How today's 6.76% rate compares to recent years
| Period | 30-Yr Rate | vs. Today |
|---|---|---|
| 2026 (current) | 6.76% | — |
| 2024 avg | 7.18% | -0.42% |
| 2023 avg | 7.61% | -0.85% |
| 2022 peak | 7.44% | -0.68% |
| 2021 avg | 3.36% | +3.40% |
| 2020 avg | 3.16% | +3.60% |
Rate estimates based on Freddie Mac Primary Mortgage Market Survey national averages adjusted for Kentucky market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $1,218 |
| Property Tax | $145 |
| Homeowners Insurance (est.) | $78 |
| Total Monthly Payment (PITI) | $1,441 |
$46,902
$250,897
$61,751/yr
$234,510 is the median home price across Kentucky, set against a $64,526 median household income for a 3.6x price-to-income ratio, 44% below the national median price.
Property taxes in Kentucky average 0.74% of assessed value, below the 1.1% national average. On the median home, that's $1,735 a year, or $145 added to the monthly payment.
Unlike the nine no-income-tax states, Kentucky taxes wage income at 3.5% flat. Worth running your actual take-home pay against the $1,441/month payment here before locking in a target price.
Day-to-day expenses statewide track at 92 against the national 100 baseline, below average once you look past the mortgage payment itself.
Kentucky's median home price runs 2% lower than Iowa: $240,435 there versus $234,510 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $187,608 loan saves $8,442 in interest over 30 years.
Compare Top Kentucky Mortgage Lenders