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Ray Mortgage Calculator

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

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Est. Total Monthly Cost
$2,463
P&I Payment$1,965
Taxes & Ins$251
Utilities$247
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Mortgage Details

$375,572
Local Median: $375,572
$75,114 (20%)
%

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

Local Area Costs

Monthly$2,463

Monthly Breakdown

Principal & Interest
$1,965
Property Taxes
$176
Homeowners Ins.
$75
Utilities
$247

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$407,075

Local Housing Facts for Ray

  • ·Median home value: $375,572 (adjusted for current market conditions)
  • ·Est. property taxes: $2,116/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $900/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,960/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 Ray?

Based on the local median home value, estimated real estate property taxes in Ray are around $2,116 per year.

What is the average home price in Ray?

The median home value in Ray is currently estimated at $375,572.

How much does homeowners insurance cost in Ray?

For a median priced home, homeowners insurance in Ray averages around $900 annually.

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

True homeownership costs go beyond principal and interest. In Ray, a typical homeowner with a median-priced home of $375,572 can expect to pay roughly $2,116/yr in property taxes, $900/yr for homeowners insurance, and $2,960/yr in energy utilities. That adds approximately $498 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.