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Montgomery County Mortgage Calculator

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

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Est. Total Monthly Cost
$1,402
P&I Payment$1,054
Taxes & Ins$149
Utilities$200

Mortgage Details

$196,501
Local Median: $196,501
$39,300 (20%)
%

Local Area Costs

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Monthly$1,402

Monthly Breakdown

Principal & Interest
$1,054
Property Taxes
$91
Homeowners Ins.
$57
Est. Utilities
$200

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$222,164

Local Housing Facts for Montgomery County

  • ·Median home value: $196,501 (adjusted for current market conditions)
  • ·Est. property taxes: $1,096/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $687/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,400/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 Montgomery County?

Based on the local median home value, estimated real estate property taxes in Montgomery County are around $1,096 per year.

What is the average home price in Montgomery County?

The median home value in Montgomery County is currently estimated at $196,501.

How much does homeowners insurance cost in Montgomery County?

For a median priced home, homeowners insurance in Montgomery County averages around $687 annually.

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

True homeownership costs go beyond principal and interest. In Montgomery County, a typical homeowner with a median-priced home of $196,501 can expect to pay roughly $1,096/yr in property taxes, $687/yr for homeowners insurance, and $2,400/yr in energy utilities. That adds approximately $349 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.