CALCMONEY // MORTGAGE // TX // HOUSTON
Calculate your monthly mortgage payment using Houston-specific property tax rates and local market data.
$310,000
6.9%
2.23%
96
| Principal & Interest | $1,633 |
| Property Tax | $576 |
| Homeowners Insurance (est.) | $103 |
| Total Monthly Payment (PITI) | $2,313 |
$62,000
$339,998
$99,118/yr
Home prices in Houston run 26% below the national median: $310,000 versus $420,000. Relative to the $62,000 median household income here, the price-to-income ratio comes out to 5.0x.
Houston's 2.23% property tax rate runs above the 1.1% national average. That's $576/month on the median home here, not a rounding error against the mortgage payment.
No state income tax in Texas means the $62,000 median household income stretches further than the same salary would in an income-tax state, which matters directly against a $2,313/month payment.
Day-to-day expenses in Houston track at 96 against the national 100 baseline, below average once you look past the mortgage payment itself.
Houston's median home price runs 11% higher than nearby San Antonio: $280,000 there versus $310,000 here.
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 Houston Mortgage LendersSan Antonio
$280,000 median
TXDallas
$355,000 median
TXAustin
$490,000 median
TXFort Worth
$310,000 median
Neighborhood-level data for 6 ZIP codes in Houston. Rates, home prices, and estimated payments vary by area.
River Oaks
$2,100,000 median
~$11,064/mo
77005HNWWest University Place
$1,100,000 median
~$5,796/mo
77024HNWEnergy Corridor West
$1,100,000 median
~$5,796/mo
77056Uptown Houston
$850,000 median
~$4,478/mo
77007Houston Heights Historic
$680,000 median
~$3,583/mo
77025Medical Center Adjacent
$720,000 median
~$3,794/mo