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Boston Mortgage Calculator

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

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Est. Total Monthly Cost
$1,554
P&I Payment$972
Taxes & Ins$358
Utilities$224
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Mortgage Details

$182,842
Local Median: $182,842
$36,568 (20%)
%

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

Local Area Costs

Monthly$1,554

Monthly Breakdown

Principal & Interest
$972
Property Taxes
$301
Homeowners Ins.
$57
Utilities
$224

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$203,640

Local Housing Facts for Boston

  • ·Median home value: $182,842 (adjusted for current market conditions)
  • ·Est. property taxes: $3,612/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $683/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,691/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 Boston?

Based on the local median home value, estimated real estate property taxes in Boston are around $3,612 per year.

What is the average home price in Boston?

The median home value in Boston is currently estimated at $182,842.

How much does homeowners insurance cost in Boston?

For a median priced home, homeowners insurance in Boston averages around $683 annually.

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

True homeownership costs go beyond principal and interest. In Boston, a typical homeowner with a median-priced home of $182,842 can expect to pay roughly $3,612/yr in property taxes, $683/yr for homeowners insurance, and $2,691/yr in energy utilities. That adds approximately $582 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.