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Key West Mortgage Calculator

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

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Est. Total Monthly Cost
$7,949
P&I Payment$5,914
Taxes & Ins$1,807
Utilities$228
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Mortgage Details

$1,134,044
Local Median: $1,134,044
$226,809 (20%)
%

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

Local Area Costs

Monthly$7,949

Monthly Breakdown

Principal & Interest
$5,914
Property Taxes
$398
Homeowners Ins.
$1,409
Utilities
$228

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$1,221,765

Local Housing Facts for Key West

  • ·Median home value: $1,134,044 (adjusted for current market conditions)
  • ·Est. property taxes: $4,774/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $16,908/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,735/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 Key West?

Based on the local median home value, estimated real estate property taxes in Key West are around $4,774 per year.

What is the average home price in Key West?

The median home value in Key West is currently estimated at $1,134,044.

How much does homeowners insurance cost in Key West?

For a median priced home, homeowners insurance in Key West averages around $16,908 annually.

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

True homeownership costs go beyond principal and interest. In Key West, a typical homeowner with a median-priced home of $1,134,044 can expect to pay roughly $4,774/yr in property taxes, $16,908/yr for homeowners insurance, and $2,735/yr in energy utilities. That adds approximately $2,035 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.