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Wake County Mortgage Calculator

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

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Est. Total Monthly Cost
$3,564
P&I Payment$3,014
Taxes & Ins$351
Utilities$200

Mortgage Details

$569,790
Local Median: $569,790
$113,958 (20%)
%

Local Area Costs

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Monthly$3,564

Monthly Breakdown

Principal & Interest
$3,014
Property Taxes
$285
Homeowners Ins.
$65
Est. Utilities
$200

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$629,102

Local Housing Facts for Wake County

  • ·Median home value: $569,790 (adjusted for current market conditions)
  • ·Est. property taxes: $3,423/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $785/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 Wake County?

Based on the local median home value, estimated real estate property taxes in Wake County are around $3,423 per year.

What is the average home price in Wake County?

The median home value in Wake County is currently estimated at $569,790.

How much does homeowners insurance cost in Wake County?

For a median priced home, homeowners insurance in Wake County averages around $785 annually.

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

True homeownership costs go beyond principal and interest. In Wake County, a typical homeowner with a median-priced home of $569,790 can expect to pay roughly $3,423/yr in property taxes, $785/yr for homeowners insurance, and $2,400/yr in energy utilities. That adds approximately $551 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.