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Waco Mortgage Calculator

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

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Est. Total Monthly Cost
$1,712
P&I Payment$1,240
Taxes & Ins$378
Utilities$93
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Mortgage Details

$245,285
Local Median: $245,285
$49,057 (20%)
%

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

Local Area Costs

Monthly$1,712

Monthly Breakdown

Principal & Interest
$1,240
Property Taxes
$272
Homeowners Ins.
$106
Utilities
$93

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$250,278

Local Housing Facts for Waco

  • ·Median home value: $245,285 (adjusted for current market conditions)
  • ·Est. property taxes: $3,262/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $1,275/yr — based on local per-$1K premium rates
  • ·Energy utilities: $1,120/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 Waco?

Based on the local median home value, estimated real estate property taxes in Waco are around $3,262 per year.

What is the average home price in Waco?

The median home value in Waco is currently estimated at $245,285.

How much does homeowners insurance cost in Waco?

For a median priced home, homeowners insurance in Waco averages around $1,275 annually.

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

True homeownership costs go beyond principal and interest. In Waco, a typical homeowner with a median-priced home of $245,285 can expect to pay roughly $3,262/yr in property taxes, $1,275/yr for homeowners insurance, and $1,120/yr in energy utilities. That adds approximately $471 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.