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Winston-Salem Mortgage Calculator

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

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Est. Total Monthly Cost
$1,940
P&I Payment$1,566
Taxes & Ins$235
Utilities$140
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Mortgage Details

$295,916
Local Median: $295,916
$59,183 (20%)
%

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

Local Area Costs

Monthly$1,940

Monthly Breakdown

Principal & Interest
$1,566
Property Taxes
$183
Homeowners Ins.
$52
Utilities
$140

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$326,890

Local Housing Facts for Winston-Salem

  • ·Median home value: $295,916 (adjusted for current market conditions)
  • ·Est. property taxes: $2,191/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $627/yr — based on local per-$1K premium rates
  • ·Energy utilities: $1,675/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 Winston-Salem?

Based on the local median home value, estimated real estate property taxes in Winston-Salem are around $2,191 per year.

What is the average home price in Winston-Salem?

The median home value in Winston-Salem is currently estimated at $295,916.

How much does homeowners insurance cost in Winston-Salem?

For a median priced home, homeowners insurance in Winston-Salem averages around $627 annually.

What is the true total cost of owning a home in Winston-Salem?

True homeownership costs go beyond principal and interest. In Winston-Salem, a typical homeowner with a median-priced home of $295,916 can expect to pay roughly $2,191/yr in property taxes, $627/yr for homeowners insurance, and $1,675/yr in energy utilities. That adds approximately $374 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.