What property tax rate should I use?

Check your county appraisal district. Many Texas areas fall between ~1.2% and 3%+ annually, but your exact rate varies by location and exemptions.

When does PMI drop off?

Conventional PMI usually ends near 20% equity. FHA MIP has different rules and may last longer depending on down payment and endorsement date.

15-year saves interest but raises monthly payments; 30-year gives more flexibility with the option to prepay.

Principal & interest, property tax, homeowners insurance, HOA dues, and PMI when down < 20%.

Estimate your monthly payment with principal & interest, property taxes, insurance, HOA, and PMI. Bold inputs, no sliders.

Home price $

Down payment

Interest rate (APR) %

Loan term

Property tax rate (annual) %

County (optional)

Choosing a county auto-fills the tax rate. You can still edit it.

Homeowners insurance (annual) $

HOA dues (monthly) $

PMI (annual, used if < 20% down) %

Tip: Toggle down payment between dollars and percent to see how PMI and monthly totals change.

Use the calculator above, then explore programs and local tax info. Some links may be affiliate; see our Affiliate Disclosure.

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