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Akron Mortgage Calculator

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

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Est. Total Monthly Cost
$1,894
P&I Payment$1,418
Taxes & Ins$187
Utilities$289
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Mortgage Details

$267,552
Local Median: $267,552
$53,510 (20%)
%

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

Local Area Costs

Monthly$1,894

Monthly Breakdown

Principal & Interest
$1,418
Property Taxes
$97
Homeowners Ins.
$90
Utilities
$289

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$296,384

Local Housing Facts for Akron

  • ·Median home value: $267,552 (adjusted for current market conditions)
  • ·Est. property taxes: $1,165/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $1,084/yr — based on local per-$1K premium rates
  • ·Energy utilities: $3,470/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 Akron?

Based on the local median home value, estimated real estate property taxes in Akron are around $1,165 per year.

What is the average home price in Akron?

The median home value in Akron is currently estimated at $267,552.

How much does homeowners insurance cost in Akron?

For a median priced home, homeowners insurance in Akron averages around $1,084 annually.

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

True homeownership costs go beyond principal and interest. In Akron, a typical homeowner with a median-priced home of $267,552 can expect to pay roughly $1,165/yr in property taxes, $1,084/yr for homeowners insurance, and $3,470/yr in energy utilities. That adds approximately $477 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.