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Amarillo Mortgage Calculator

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

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Est. Total Monthly Cost
$1,819
P&I Payment$1,150
Taxes & Ins$478
Utilities$191
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Mortgage Details

$227,480
Local Median: $227,480
$45,496 (20%)
%

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

Local Area Costs

Monthly$1,819

Monthly Breakdown

Principal & Interest
$1,150
Property Taxes
$260
Homeowners Ins.
$218
Utilities
$191

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$232,111

Local Housing Facts for Amarillo

  • ·Median home value: $227,480 (adjusted for current market conditions)
  • ·Est. property taxes: $3,124/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $2,616/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,289/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 Amarillo?

Based on the local median home value, estimated real estate property taxes in Amarillo are around $3,124 per year.

What is the average home price in Amarillo?

The median home value in Amarillo is currently estimated at $227,480.

How much does homeowners insurance cost in Amarillo?

For a median priced home, homeowners insurance in Amarillo averages around $2,616 annually.

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

True homeownership costs go beyond principal and interest. In Amarillo, a typical homeowner with a median-priced home of $227,480 can expect to pay roughly $3,124/yr in property taxes, $2,616/yr for homeowners insurance, and $2,289/yr in energy utilities. That adds approximately $669 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.