Current Avg. Rates: 6.46% 30-yr fixed|5.77% 15-yr fixed
Source: Freddie Mac Primary Mortgage Market Survey
Source: Freddie Mac Primary Mortgage Market Survey
New York Mortgage Calculator
Calculate your estimated mortgage payment for a home in New York. Pre-filled with New York's average home price of $430,000, property tax rate of 1.72%, and typical insurance costs.
$430,000
Avg. Home Price
1.72%
Property Tax Rate
$1,800
Avg. Annual Insurance
Your Monthly Payment (PITI)
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Principal + Interest + Tax + Insurance
Monthly Breakdown
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Property Tax
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Insurance
Loan Overview
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Total Interest
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Payoff Date
Bi-Weekly Option
? Pay half your monthly payment every two weeks — you'll make 26 half-payments (13 full payments) per year instead of 12
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Bi-Weekly Payment
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Total Interest
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Payoff Date
New York Mortgage at a Glance
| Average home price | $430,000 |
| Property tax rate | 1.72% ($7,396/year) |
| Average insurance | $1,800/year |
| Est. monthly PITI | $2,941 (20% down, 6.5%) |
| Total interest (30yr) | $438,753 |
| Income needed (28% rule) | $126,028/year |
New York property taxes are high at 1.72%, and vary significantly — New York City has a lower effective rate than many upstate communities.
New York Cities
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