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Colorado Springs Mortgage Calculator

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

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Est. Total Monthly Cost
$3,092
P&I Payment$2,589
Taxes & Ins$299
Utilities$204
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Mortgage Details

$512,060
Local Median: $512,060
$102,412 (20%)
%

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

Local Area Costs

Monthly$3,092

Monthly Breakdown

Principal & Interest
$2,589
Property Taxes
$166
Homeowners Ins.
$132
Utilities
$204

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$522,483

Local Housing Facts for Colorado Springs

  • ·Median home value: $512,060 (adjusted for current market conditions)
  • ·Est. property taxes: $1,997/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $1,585/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,446/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 Colorado Springs?

Based on the local median home value, estimated real estate property taxes in Colorado Springs are around $1,997 per year.

What is the average home price in Colorado Springs?

The median home value in Colorado Springs is currently estimated at $512,060.

How much does homeowners insurance cost in Colorado Springs?

For a median priced home, homeowners insurance in Colorado Springs averages around $1,585 annually.

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

True homeownership costs go beyond principal and interest. In Colorado Springs, a typical homeowner with a median-priced home of $512,060 can expect to pay roughly $1,997/yr in property taxes, $1,585/yr for homeowners insurance, and $2,446/yr in energy utilities. That adds approximately $502 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.