New York Mortgage Calculator

Calculate your monthly mortgage payment using New York's average home price and property tax rate. Pre-filled with current New York data.

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Loan Details

$
0%50%

Estimated Monthly Payment

$3,100

Principal, Interest, Taxes, Insurance

Payment Breakdown

Principal & Interest$2,466
Property Tax (1.26%)$512
Homeowners Insurance$122
Total$3,100/mo

Loan Summary

Loan Amount$390,190
Total Interest Paid$497,665
Total Cost (P+I)$887,855
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New York Mortgage Notes

The average home price in New York is $487,737. This calculator uses New York's average property tax rate of 1.26%.

The FHA loan limit in New York is $1,149,825. If you're using the 3.5% FHA down payment option, ensure your loan amount stays within this limit.

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