Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Raleigh Mortgage Calculator

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

← Back to Raleigh Hub
Est. Total Monthly Cost
$1,491
P&I Payment$1,153
Taxes & Ins$174
Utilities$164
Also calculate:FHA CalculatorVA Calculator

Next steps

Take this Raleigh scenario further — you stay anonymous.

Track this scenarioSave it to My Scenarios and watch the rate over timeFind lenders for this scenarioSee top-ranked local lenders and request quotes

Mortgage Details

$217,307
Local Median: $217,307
$43,461 (20%)
%

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

Local Area Costs

Monthly$1,491

Monthly Breakdown

Principal & Interest
$1,153
Property Taxes
$81
Homeowners Ins.
$93
Utilities
$164

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$241,312

Local Housing Facts for Raleigh

  • ·Median home value: $217,307 (adjusted for current market conditions)
  • ·Est. property taxes: $970/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $1,117/yr — based on local per-$1K premium rates
  • ·Energy utilities: $1,966/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 Raleigh?

Based on the local median home value, estimated real estate property taxes in Raleigh are around $970 per year.

What is the average home price in Raleigh?

The median home value in Raleigh is currently estimated at $217,307.

How much does homeowners insurance cost in Raleigh?

For a median priced home, homeowners insurance in Raleigh averages around $1,117 annually.

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

True homeownership costs go beyond principal and interest. In Raleigh, a typical homeowner with a median-priced home of $217,307 can expect to pay roughly $970/yr in property taxes, $1,117/yr for homeowners insurance, and $1,966/yr in energy utilities. That adds approximately $338 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.