CALCMONEY // MORTGAGE // TX // DALLAS
Calculate your monthly mortgage payment using Dallas-specific property tax rates and local market data.
$355,000
6.9%
2.3%
100
| Principal & Interest | $1,870 |
| Property Tax | $680 |
| Homeowners Insurance (est.) | $118 |
| Total Monthly Payment (PITI) | $2,669 |
$71,000
$389,353
$114,393/yr
$355,000 buys the median home in Dallas right now. With 20% down, that's a $71,000 down payment and a $284,000 loan, set against a $68,000 median household income.
At a 2.3% effective rate, Dallas property taxes add $680 to the monthly payment on the median home, $8,165 a year in total.
Texas charges no state income tax. Every dollar of the $68,000 median household income here converts more directly into covering the $2,669/month payment.
Dallas's cost of living index is 100, at the 100 national baseline. That's on top of the housing numbers above, not instead of them.
Dallas's median home price runs 15% higher than nearby Houston: $310,000 there versus $355,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $284,000 loan saves $12,780 in interest over 30 years.
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Neighborhood-level data for 5 ZIP codes in Dallas. Rates, home prices, and estimated payments vary by area.