CALCMONEY // MORTGAGE // OH
Calculate your monthly mortgage payment using Ohio-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$249,941
6.76%
1.36%
2.75% 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 Ohio market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $1,298 |
| Property Tax | $283 |
| Homeowners Insurance (est.) | $83 |
| Total Monthly Payment (PITI) | $1,665 |
$49,988
$267,406
$71,349/yr
The median home price in Ohio is $249,941, 40% below the $420,000 national median. With a median household income of $72,212, the price-to-income ratio is 3.5x.
At a 1.36% average effective rate, Ohio property taxes add $283 to the monthly payment on the median home, $3,399 a year statewide.
Ohio levies a state income tax of 2.75% flat on top of the $1,665/month this mortgage runs. Model your real after-tax take-home before deciding how much payment you can carry.
Beyond housing, Ohio's cost of living index sits at 95 (national average = 100), running below the national baseline for groceries, transportation, and healthcare.
Ohio's median home price runs almost identical to Kansas, both landing close to $249,941.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $199,953 loan saves $8,998 in interest over 30 years.
Compare Top Ohio Mortgage Lenders