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60609 Mortgage Calculator

Estimate your true cost of homeownership in ZIP Code 60609 with localized property taxes, insurance, and utility data.

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Est. Total Monthly Cost
$2,151
P&I Payment$1,573
Taxes & Ins$355
Utilities$224
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Mortgage Details

$296,614
Local Median: $296,614
$59,323 (20%)
%

Used with your down payment to fetch a live, scenario-specific rate.

Local Area Costs

Monthly$2,151

Monthly Breakdown

Principal & Interest
$1,573
Property Taxes
$281
Homeowners Ins.
$73
Utilities
$224

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$328,921

Local Housing Facts for ZIP Code 60609

  • ·Median home value: $296,614 (adjusted for current market conditions)
  • ·Est. property taxes: $3,375/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $881/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,686/yr — sourced from DOE LEAD survey data
  • ·Flood insurance: optional — toggled off by default, estimate based on FEMA risk profile

Frequently Asked Questions

How much are property taxes in CHICAGO?

Based on the local median home value, estimated real estate property taxes in CHICAGO are around $3,375 per year.

What is the average home price in CHICAGO?

The median home value in CHICAGO is currently estimated at $296,614.

How much does homeowners insurance cost in CHICAGO?

For a median priced home, homeowners insurance in CHICAGO averages around $881 annually.

What is the true total cost of owning a home in CHICAGO?

True homeownership costs go beyond principal and interest. In CHICAGO, a typical homeowner with a median-priced home of $296,614 can expect to pay roughly $3,375/yr in property taxes, $881/yr for homeowners insurance, and $2,686/yr in energy utilities. That adds approximately $579 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.