Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

87109 Mortgage Calculator

Estimate your true cost of homeownership in ZIP Code 87109 with localized property taxes, insurance, and utility data.

← Back to ZIP Code 87109 Hub
Est. Total Monthly Cost
$2,392
P&I Payment$1,935
Taxes & Ins$338
Utilities$120
Also calculate:FHA CalculatorVA Calculator

Next steps

Take this 87109 scenario further — you stay anonymous.

Track this scenarioSave it to My Scenarios and watch the rate over timeFind lenders for this scenarioSee top-ranked local lenders and request quotes

Mortgage Details

$365,114
Local Median: $365,114
$73,023 (20%)
%

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

Local Area Costs

Monthly$2,392

Monthly Breakdown

Principal & Interest
$1,935
Property Taxes
$238
Homeowners Ins.
$100
Utilities
$120

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$404,459

Local Housing Facts for ZIP Code 87109

  • ·Median home value: $365,114 (adjusted for current market conditions)
  • ·Est. property taxes: $2,858/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $1,198/yr — based on local per-$1K premium rates
  • ·Energy utilities: $1,434/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 ALBUQUERQUE?

Based on the local median home value, estimated real estate property taxes in ALBUQUERQUE are around $2,858 per year.

What is the average home price in ALBUQUERQUE?

The median home value in ALBUQUERQUE is currently estimated at $365,114.

How much does homeowners insurance cost in ALBUQUERQUE?

For a median priced home, homeowners insurance in ALBUQUERQUE averages around $1,198 annually.

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

True homeownership costs go beyond principal and interest. In ALBUQUERQUE, a typical homeowner with a median-priced home of $365,114 can expect to pay roughly $2,858/yr in property taxes, $1,198/yr for homeowners insurance, and $1,434/yr in energy utilities. That adds approximately $458 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.