CALCMONEY // MORTGAGE // SC // CHARLESTON
Calculate your monthly mortgage payment using Charleston-specific property tax rates and local market data.
$435,000
6.9%
0.55%
108
| Principal & Interest | $2,292 |
| Property Tax | $199 |
| Homeowners Insurance (est.) | $145 |
| Total Monthly Payment (PITI) | $2,636 |
$87,000
$477,094
$112,984/yr
The median home price in Charleston is $435,000, above the national median of $420,000. With a median household income of $68,000, the price-to-income ratio is 6.4x — meaning buyers typically spend 6.4 years of gross income on the purchase price.
Property taxes in Charleston run 0.55% of assessed value. On the median home, that is $2,393 per year, or $199 per month added to your mortgage payment. This is well below the national average of 1.1%, giving Charleston homeowners a meaningful property tax advantage.
South Carolina has a state income tax. Factor your take-home pay into how much mortgage you can comfortably carry each month.
The cost of living index in Charleston is 108 (national average = 100). Day-to-day expenses beyond housing are close to the national average.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $348,000 loan saves $15,660 in interest over 30 years.
Compare Top Charleston Mortgage LendersColumbia
$255,000 median
SCCharleston
$520,000 median
SCNorth Charleston
$310,000 median
SCGreenville
$340,000 median