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Worcester Mortgage Calculator

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

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Est. Total Monthly Cost
$2,894
P&I Payment$2,110
Taxes & Ins$537
Utilities$248
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Mortgage Details

$396,711
Local Median: $396,711
$79,342 (20%)
%

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

Local Area Costs

Monthly$2,894

Monthly Breakdown

Principal & Interest
$2,110
Property Taxes
$467
Homeowners Ins.
$70
Utilities
$248

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$442,144

Local Housing Facts for Worcester

  • ·Median home value: $396,711 (adjusted for current market conditions)
  • ·Est. property taxes: $5,599/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $840/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,970/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 Worcester?

Based on the local median home value, estimated real estate property taxes in Worcester are around $5,599 per year.

What is the average home price in Worcester?

The median home value in Worcester is currently estimated at $396,711.

How much does homeowners insurance cost in Worcester?

For a median priced home, homeowners insurance in Worcester averages around $840 annually.

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

True homeownership costs go beyond principal and interest. In Worcester, a typical homeowner with a median-priced home of $396,711 can expect to pay roughly $5,599/yr in property taxes, $840/yr for homeowners insurance, and $2,970/yr in energy utilities. That adds approximately $784 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.