Rhode Island Mortgage Calculator

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

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Loan Details

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0%50%

Estimated Monthly Payment

$3,132

Principal, Interest, Taxes, Insurance

Payment Breakdown

Principal & Interest$2,562
Property Tax (1.05%)$443
Homeowners Insurance$127
Total$3,132/mo

Loan Summary

Loan Amount$405,378
Total Interest Paid$517,038
Total Cost (P+I)$922,416
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Rhode Island Mortgage Notes

The average home price in Rhode Island is $506,723. This calculator uses Rhode Island's average property tax rate of 1.05%.

The FHA loan limit in Rhode Island is $472,030. If you're using the 3.5% FHA down payment option, ensure your loan amount stays within this limit.

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