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Raleigh Mortgage Calculator

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

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Est. Total Monthly Cost
$1,464
P&I Payment$945
Taxes & Ins$270
Utilities$250
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Mortgage Details

$178,748
Local Median: $178,748
$35,750 (20%)
%

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

Local Area Costs

Monthly$1,464

Monthly Breakdown

Principal & Interest
$945
Property Taxes
$178
Homeowners Ins.
$92
Utilities
$250

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$197,182

Local Housing Facts for Raleigh

  • ·Median home value: $178,748 (adjusted for current market conditions)
  • ·Est. property taxes: $2,136/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $1,100/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,996/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 $2,136 per year.

What is the average home price in Raleigh?

The median home value in Raleigh is currently estimated at $178,748.

How much does homeowners insurance cost in Raleigh?

For a median priced home, homeowners insurance in Raleigh averages around $1,100 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 $178,748 can expect to pay roughly $2,136/yr in property taxes, $1,100/yr for homeowners insurance, and $2,996/yr in energy utilities. That adds approximately $519 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.