CALCMONEY // MORTGAGE // LA // SHREVEPORT
Calculate your monthly mortgage payment using Shreveport-specific property tax rates and local market data.
$175,000
6.95%
0.44%
84
| Principal & Interest | $927 |
| Property Tax | $64 |
| Homeowners Insurance (est.) | $58 |
| Total Monthly Payment (PITI) | $1,049 |
$35,000
$193,622
$44,967/yr
Shreveport's median home price sits at $175,000, 58% below the $420,000 national median. On a $48,000 median household income, that puts the price-to-income ratio at 3.6x, or 3.6 years of gross pay for the purchase price alone.
Property taxes in Shreveport run 0.44% of assessed value, below the 1.1% national average. On the median home, that's $770 a year, or $64 added to the monthly payment.
Between the $1,049/month mortgage payment and Louisiana's state income tax, your real housing cost calculation needs your after-tax number, not your gross salary.
Beyond housing, Shreveport's cost of living index sits at 84 (national average = 100), running below the national baseline for groceries, transportation, and everyday services.
Shreveport's median home price runs 34% lower than nearby New Orleans: $265,000 there versus $175,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $140,000 loan saves $6,300 in interest over 30 years.
Compare Top Shreveport Mortgage LendersNew Orleans
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