CALCMONEY // MORTGAGE // NY // RYE
Calculate your monthly mortgage payment using Rye-specific property tax rates and local market data.
$1,850,000
6.95%
1.62%
202
| Principal & Interest | $9,797 |
| Property Tax | $2,498 |
| Homeowners Insurance (est.) | $617 |
| Total Monthly Payment (PITI) | $12,911 |
$370,000
$2,046,858
$553,328/yr
Rye's median home price sits at $1,850,000, 340% above the $420,000 national median. On a $320,000 median household income, that puts the price-to-income ratio at 5.8x, or 5.8 years of gross pay for the purchase price alone.
Rye's 1.62% property tax rate runs above the 1.1% national average. That's $2,498/month on the median home here, not a rounding error against the mortgage payment.
Between the $12,911/month mortgage payment and New York's state income tax, your real housing cost calculation needs your after-tax number, not your gross salary.
Beyond housing, Rye's cost of living index sits at 202 (national average = 100), running above the national baseline for groceries, transportation, and everyday services.
Rye's median home price runs 147% higher than nearby New York City: $750,000 there versus $1,850,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $1,480,000 loan saves $66,600 in interest over 30 years.
Compare Top Rye Mortgage LendersNew York City
$750,000 median
NYBuffalo
$195,000 median
NYRochester
$195,000 median
NYYonkers
$480,000 median
Neighborhood-level data for 1 ZIP codes in Rye. Rates, home prices, and estimated payments vary by area.