Texas Mortgage Calculator
Use this free mortgage calculator to estimate your monthly mortgage payments and annual amortization.
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Taking out a mortgage in Texas
The Lone Star State's housing market remains incredibly affordable with the 15th lowest median home value in the U.S. Don't mess with that level of affordability! One thing to know about Texas: while it is known for oil and gas, there is a good chance your home will be powered by wind as it has the largest wind energy supply in the U.S.
Texas' first-time home buyer programs
The Texas Department of Housing and Community Affairs, or TDCHA, offers several loan programs to help qualified first-time home buyers get a mortgage. Learn more
Average property tax by county
| County | Avg. property tax rate | Median home value |
|---|---|---|
| Anderson County | 1.09% | $154,600 |
| Andrews County | 1.34% | $179,300 |
| Angelina County | 1.15% | $173,600 |
| Aransas County | 1.07% | $221,500 |
| Archer County | 1.43% | $157,500 |
| Armstrong County | 1.2% | $167,600 |
| Atascosa County | 1.27% | $141,000 |
| Austin County | 1.22% | $240,000 |
| Bailey County | 1.93% | $112,400 |
| Bandera County | 0.83% | $237,300 |
| Bastrop County | 1.28% | $310,600 |
| Baylor County | 0.85% | $92,100 |
| Bee County | 1.25% | $106,700 |
| Bell County | 1.38% | $233,900 |
| Bexar County | 1.7% | $259,200 |
| Blanco County | 0.94% | $309,800 |
| Borden County | 0.55% | $104,200 |
| Bosque County | 0.89% | $151,400 |
| Bowie County | 1.28% | $173,500 |
| Brazoria County | 1.85% | $281,300 |
| Brazos County | 1.47% | $263,700 |
| Brewster County | 1.18% | $200,500 |
| Briscoe County | 0.72% | $77,400 |
| Brooks County | 1.13% | $80,100 |
| Brown County | 1.17% | $137,900 |
| Burleson County | 0.97% | $154,700 |
| Burnet County | 1.07% | $268,300 |
| Caldwell County | 1.28% | $185,400 |
| Calhoun County | 1.1% | $128,200 |
| Callahan County | 0.89% | $129,500 |
| Cameron County | 1.57% | $133,400 |
| Camp County | 1.12% | $146,600 |
| Carson County | 1.36% | $129,700 |
| Cass County | 0.73% | $115,600 |
| Castro County | 1.33% | $96,400 |
| Chambers County | 1.13% | $279,200 |
| Cherokee County | 1.08% | $138,500 |
| Childress County | 1.51% | $111,100 |
| Clay County | 1.17% | $139,700 |
| Cochran County | 1.25% | $48,000 |
| Coke County | 1.22% | $94,900 |
| Coleman County | 0.91% | $91,800 |
| Collin County | 1.68% | $476,100 |
| Collingsworth County | 0.95% | $89,500 |
| Colorado County | 0.87% | $172,900 |
| Comal County | 1.15% | $405,100 |
| Comanche County | 1.12% | $131,800 |
| Concho County | 1.17% | $92,900 |
| Cooke County | 1.26% | $207,100 |
| Coryell County | 1.07% | $179,800 |
| Cottle County | 1.49% | $51,400 |
| Crane County | 0.97% | $117,000 |
| Crockett County | 0.94% | $181,300 |
| Crosby County | 1.5% | $69,600 |
| Culberson County | 0.74% | $83,300 |
| Dallam County | 1.19% | $113,800 |
| Dallas County | 1.55% | $297,100 |
| Dawson County | 1.21% | $95,100 |
| Deaf Smith County | 1.54% | $107,500 |
| Delta County | 1.12% | $163,700 |
| Denton County | 1.64% | $428,400 |
| DeWitt County | 0.95% | $156,700 |
| Dickens County | 0.95% | $67,000 |
| Dimmit County | 1.23% | $75,900 |
| Donley County | 0.69% | $98,900 |
| Duval County | 0.97% | $76,000 |
| Eastland County | 1.0% | $110,500 |
| Ector County | 1.29% | $184,000 |
| Edwards County | 1.53% | $86,800 |
| El Paso County | 1.98% | $170,700 |
| Ellis County | 1.37% | $315,100 |
| Erath County | 1.05% | $219,600 |
| Falls County | 1.02% | $103,400 |
| Fannin County | 1.0% | $193,200 |
| Fayette County | 0.78% | $254,200 |
| Fisher County | 1.15% | $82,700 |
| Floyd County | 1.41% | $90,800 |
| Foard County | 1.4% | $65,000 |
| Fort Bend County | 1.93% | $351,600 |
| Franklin County | 0.93% | $194,800 |
| Freestone County | 1.05% | $154,900 |
| Frio County | 1.4% | $98,000 |
| Gaines County | 1.57% | $181,100 |
| Galveston County | 1.55% | $294,400 |
| Garza County | 1.39% | $87,500 |
| Gillespie County | 0.99% | $399,400 |
| Glasscock County | 0.59% | $258,300 |
| Goliad County | 0.93% | $172,400 |
| Gonzales County | 1.15% | $156,100 |
| Gray County | 1.47% | $93,600 |
| Grayson County | 1.28% | $250,500 |
| Gregg County | 1.24% | $187,700 |
| Grimes County | 1.0% | $212,500 |
| Guadalupe County | 1.33% | $295,500 |
| Hale County | 1.4% | $97,500 |
| Hall County | 1.18% | $68,000 |
| Hamilton County | 0.93% | $122,600 |
| Hansford County | 1.55% | $101,700 |
| Hardeman County | 1.58% | $65,800 |
| Hardin County | 1.19% | $175,800 |
| Harris County | 1.6% | $264,000 |
| Harrison County | 0.95% | $154,500 |
| Hartley County | 1.3% | $226,500 |
| Haskell County | 1.3% | $69,800 |
| Hays County | 1.57% | $400,000 |
| Hemphill County | 1.29% | $200,600 |
| Henderson County | 1.08% | $204,500 |
| Hidalgo County | 1.77% | $123,700 |
| Hill County | 1.19% | $142,000 |
| Hockley County | 1.04% | $110,800 |
| Hood County | 1.08% | $291,000 |
| Hopkins County | 0.98% | $172,800 |
| Houston County | 0.92% | $128,300 |
| Howard County | 1.3% | $132,900 |
| Hudspeth County | 0.95% | $57,400 |
| Hunt County | 1.37% | $258,000 |
| Hutchinson County | 1.36% | $96,500 |
| Irion County | 1.42% | $149,600 |
| Jack County | 1.13% | $135,500 |
| Jackson County | 1.16% | $140,300 |
| Jasper County | 0.95% | $117,400 |
| Jeff Davis County | 0.87% | $167,300 |
| Jefferson County | 1.6% | $160,800 |
| Jim Hogg County | 1.47% | $115,100 |
| Jim Wells County | 1.23% | $91,600 |
| Johnson County | 1.32% | $284,500 |
| Jones County | 1.34% | $88,400 |
| Karnes County | 0.68% | $137,800 |
| Kaufman County | 1.65% | $316,500 |
| Kendall County | 1.03% | $464,100 |
| Kent County | 1.2% | $76,400 |
| Kerr County | 1.0% | $260,700 |
| Kimble County | 0.57% | $189,600 |
| Kinney County | 1.15% | $112,200 |
| Kleberg County | 1.73% | $128,300 |
| Knox County | 1.84% | $55,100 |
| La Salle County | 1.08% | $99,400 |
| Lamar County | 0.82% | $152,800 |
| Lamb County | 1.18% | $79,300 |
| Lampasas County | 0.85% | $217,100 |
| Lavaca County | 0.83% | $205,500 |
| Lee County | 0.94% | $208,100 |
| Leon County | 0.67% | $158,700 |
| Liberty County | 1.18% | $154,900 |
| Limestone County | 1.05% | $135,400 |
| Lipscomb County | 1.34% | $119,800 |
| Live Oak County | 0.77% | $143,000 |
| Llano County | 0.87% | $287,000 |
| Loving County | 0.67% | $218,800 |
| Lubbock County | 1.6% | $209,200 |
| Lynn County | 1.55% | $116,800 |
| Madison County | 1.09% | $139,100 |
| Marion County | 0.83% | $103,100 |
| Martin County | 0.97% | $143,500 |
| Mason County | 0.8% | $254,500 |
| Matagorda County | 1.28% | $155,200 |
| Maverick County | 1.48% | $125,000 |
| McCulloch County | 0.85% | $98,700 |
| McLennan County | 1.5% | $233,400 |
| McMullen County | 1.01% | $105,100 |
| Medina County | 1.28% | $186,200 |
| Menard County | 0.99% | $86,500 |
| Midland County | 1.25% | $285,700 |
| Milam County | 1.16% | $149,600 |
| Mills County | 0.81% | $188,900 |
| Mitchell County | 1.15% | $83,900 |
| Montague County | 1.01% | $166,900 |
| Montgomery County | 1.59% | $342,600 |
| Moore County | 1.55% | $122,700 |
| Morris County | 1.06% | $108,600 |
| Motley County | 0.92% | $72,100 |
| Nacogdoches County | 0.98% | $150,700 |
| Navarro County | 1.27% | $142,300 |
| Newton County | 0.88% | $90,100 |
| Nolan County | 1.45% | $91,300 |
| Nueces County | 1.52% | $201,600 |
| Ochiltree County | 1.71% | $118,400 |
| Oldham County | 1.39% | $125,000 |
| Orange County | 1.24% | $190,200 |
| Palo Pinto County | 1.17% | $151,500 |
| Panola County | 1.02% | $139,400 |
| Parker County | 1.39% | $365,500 |
| Parmer County | 1.26% | $134,300 |
| Pecos County | 0.7% | $144,300 |
| Polk County | 1.02% | $151,100 |
| Potter County | 1.47% | $140,300 |
| Presidio County | 0.97% | $121,000 |
| Rains County | 1.18% | $174,000 |
| Randall County | 1.49% | $240,500 |
| Reagan County | 0.85% | $123,900 |
| Real County | 0.73% | $258,000 |
| Red River County | 0.89% | $113,600 |
| Reeves County | 0.99% | $108,800 |
| Refugio County | 1.05% | $92,900 |
| Roberts County | 0.89% | $164,200 |
| Robertson County | 0.75% | $156,800 |
| Rockwall County | 1.58% | $422,500 |
| Runnels County | 1.47% | $89,700 |
| Rusk County | 0.92% | $148,100 |
| Sabine County | 0.97% | $134,300 |
| San Augustine County | 0.63% | $82,400 |
| San Jacinto County | 0.83% | $167,700 |
| San Patricio County | 1.5% | $178,300 |
| San Saba County | 0.63% | $134,300 |
| Schleicher County | 0.53% | $96,700 |
| Scurry County | 1.49% | $109,400 |
| Shackelford County | 1.25% | $178,500 |
| Shelby County | 0.85% | $107,400 |
| Sherman County | 1.8% | $108,100 |
| Smith County | 1.31% | $224,600 |
| Somervell County | 0.79% | $246,600 |
| Starr County | 1.3% | $98,400 |
| Stephens County | 1.18% | $98,000 |
| Sterling County | 1.0% | $121,000 |
| Stonewall County | 1.69% | $54,700 |
| Sutton County | 1.66% | $132,600 |
| Swisher County | 1.36% | $85,300 |
| Tarrant County | 1.68% | $311,900 |
| Taylor County | 1.42% | $189,000 |
| Terrell County | 1.13% | $119,800 |
| Terry County | 1.42% | $105,500 |
| Throckmorton County | 1.05% | $67,000 |
| Titus County | 1.13% | $138,900 |
| Tom Green County | 1.4% | $193,800 |
| Travis County | 1.42% | $574,000 |
| Trinity County | 1.05% | $104,300 |
| Tyler County | 0.95% | $124,900 |
| Upshur County | 1.12% | $166,600 |
| Upton County | 1.04% | $95,600 |
| Uvalde County | 1.25% | $129,900 |
| Val Verde County | 1.29% | $138,500 |
| Van Zandt County | 0.91% | $181,300 |
| Victoria County | 1.55% | $205,800 |
| Walker County | 1.2% | $199,300 |
| Waller County | 1.49% | $268,200 |
| Ward County | 0.66% | $117,700 |
| Washington County | 0.87% | $248,300 |
| Webb County | 1.75% | $171,200 |
| Wharton County | 1.35% | $170,100 |
| Wheeler County | 1.32% | $105,200 |
| Wichita County | 1.66% | $145,600 |
| Wilbarger County | 1.48% | $82,300 |
| Willacy County | 1.44% | $66,900 |
| Williamson County | 1.67% | $472,000 |
| Wilson County | 1.35% | $266,600 |
| Winkler County | 0.92% | $109,100 |
| Wise County | 1.14% | $299,900 |
| Wood County | 0.84% | $170,700 |
| Yoakum County | 1.18% | $167,900 |
| Young County | 1.27% | $142,100 |
| Zapata County | 0.89% | $84,800 |
| Zavala County | 1.5% | $77,300 |
How to use the mortgage calculator
Under "Loan amount," enter the amount you intend to borrow.
Under "Interest rate," enter the mortgage interest rate that you expect to get.
Under "Loan term (years)," enter the length of the mortgage in years. Most mortgages have 30-year terms.
After you enter these three pieces of information, the calculator prominently displays the monthly payment inside the "Your loan estimate" window. It also displays:
The loan amount (under "Total principal").
How much interest you would pay over the life of the loan ("Total interest payments").
The total principal plus interest you would pay over the loan's term ("Total loan payments").
The monthly principal and interest payment excluding taxes and insurance ("Monthly mortgage payment").
The payoff date, which is the month when you would pay the last scheduled payment.
Calculating costs in addition to principal and interest
The calculator lets you fine-tune your payment by entering your annual property tax premium, annual home insurance premium, monthly homeowner association fee and monthly cost of mortgage insurance. Note that you'll enter the annual cost for property tax and home insurance, and the monthly cost for HOA fees and mortgage insurance.
Select "Show amortization schedule" to uncover a table that shows how much you'll pay in principal and interest each month, as well as the remaining amount you owe ("Principal balance") after making the payment.
» MORE: What is mortgage amortization?
Explanation of terminology
Loan amount: Also known as principal, this is the amount you borrow. Each mortgage payment reduces the principal you owe.
Interest rate: How much the lender charges you to lend you the money. Interest rates are expressed as an annual percentage. A lower interest rate gives you a smaller monthly payment.
Loan term (years): The term is the number of years it will take to pay off the mortgage. A longer term gives you a lower monthly payment than a shorter term does. But you pay more total interest with a longer term because you're paying interest for more months.
Start date: The month that your first mortgage payment is due.
Property taxes: The annual tax assessed by a government authority on your home and land. You pay about one-twelfth of your annual tax bill with each mortgage payment, and the servicer saves them in an escrow account. When the taxes are due, the loan servicer pays them.
Homeowners insurance: Your policy covers damage and financial losses from fire, storms, theft, a tree falling on your house and other bad things. As with property taxes, you pay roughly one-twelfth of your annual premium each month, and the servicer pays the bill when it's due.
Monthly HOA fees: The amount you may pay each month if you belong to a homeowners association. Typically, these dues are billed directly, not added to the monthly mortgage payment. Because HOA dues can be easy to forget when considering the cost of homeownership, NerdWallet's mortgage calculator allows you to enter them here.
Private mortgage insurance: If your down payment is less than 20% of the home’s purchase price, you’ll likely pay mortgage insurance. It protects the lender in case a borrower defaults on a mortgage.
Using the mortgage calculator to compare scenarios
This mortgage calculator lets you change the loan amount, interest rate, loan term and other factors so you can see the effect on monthly payments.
Feel free to test it out by entering your loan amount, then altering the interest rate or the loan term (or both). You won't break anything!
If you're looking to see how much you could save by refinancing your mortgage, try NerdWallet's refinance calculator.
» MORE FOR CANADIAN READERS: Canada mortgage payment calculator
