CALCMONEY // MORTGAGE // OH // COLUMBUS
Calculate your monthly mortgage payment using Columbus-specific property tax rates and local market data.
$265,000
6.95%
1.85%
91
| Principal & Interest | $1,403 |
| Property Tax | $409 |
| Homeowners Insurance (est.) | $88 |
| Total Monthly Payment (PITI) | $1,900 |
$53,000
$293,199
$81,437/yr
Columbus's median home price sits at $265,000, 37% below the $420,000 national median. On a $63,000 median household income, that puts the price-to-income ratio at 4.2x, or 4.2 years of gross pay for the purchase price alone.
Property taxes in Columbus run 1.85% of assessed value, above the 1.1% national average. On the median home, that's $4,903 a year, or $409 added to the monthly payment.
Unlike the nine no-income-tax states, Ohio taxes wage income. Worth running your actual take-home pay against the $1,900/month payment here before locking in a target price.
Day-to-day expenses in Columbus track at 91 against the national 100 baseline, below average once you look past the mortgage payment itself.
Columbus's median home price runs 10% higher than nearby Cincinnati: $240,000 there versus $265,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $212,000 loan saves $9,540 in interest over 30 years.
Compare Top Columbus Mortgage LendersNeighborhood-level data for 4 ZIP codes in Columbus. Rates, home prices, and estimated payments vary by area.