CALCMONEY // MORTGAGE // TX // FORT WORTH
Calculate your monthly mortgage payment using Fort Worth-specific property tax rates and local market data.
$310,000
6.9%
2.25%
93
| Principal & Interest | $1,633 |
| Property Tax | $581 |
| Homeowners Insurance (est.) | $103 |
| Total Monthly Payment (PITI) | $2,318 |
$62,000
$339,998
$99,339/yr
The median home price in Fort Worth is $310,000, near the national median of $420,000. With a median household income of $64,000, the price-to-income ratio is 4.8x — meaning buyers typically spend 4.8 years of gross income on the purchase price.
Property taxes in Fort Worth run 2.25% of assessed value. On the median home, that is $6,975 per year, or $581 per month added to your mortgage payment. This is significantly above the national average of 1.1%, making property taxes a major factor in your total housing cost.
Texas has no state income tax, which means more of your gross salary becomes take-home pay. This effectively increases your purchasing power compared to income-tax states.
The cost of living index in Fort Worth is 93 (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 $248,000 loan saves $11,160 in interest over 30 years.
Compare Top Fort Worth Mortgage LendersNeighborhood-level data for 4 ZIP codes in Fort Worth. Rates, home prices, and estimated payments vary by area.