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Missouri Mortgage Calculator

Your monthly mortgage payment in Missouri, with Missouri's effective property tax rate (0.85%) built in, at this week's average rate. The calculator starts at the state's median home value, $230,300.

A $230,000 home with 20% down ($184,000 borrowed) at 7.28% over 30 years costs about $1,588 a month: $1,259 principal and interest plus $329 of tax, insurance and dues.

Monthly payment
$1,587.77
Principal and interest
$1,258.95
Tax, insurance, PMI and HOA
$328.82
Total interest over the loan
$269,222
Loan balance and interest paid over 30 years at 7.28%$0$100k$200k$300k051015202530Years━Balance owed━Interest paid so far
Download the schedule (CSV)
Amortization by year: $184,000 at 7.28%
YearInterestPrincipalBalance
1$13,336.90$1,770.51$182,229.49
2$13,203.62$1,903.79$180,325.70
3$13,060.30$2,047.11$178,278.59
4$12,906.20$2,201.21$176,077.38
5$12,740.49$2,366.91$173,710.47
6$12,562.31$2,545.09$171,165.37
7$12,370.72$2,736.69$168,428.69
8$12,164.71$2,942.70$165,485.99
9$11,943.18$3,164.22$162,321.77
10$11,704.98$3,402.42$158,919.34
11$11,448.85$3,658.55$155,260.79
12$11,173.44$3,933.96$151,326.83
13$10,877.30$4,230.11$147,096.72
14$10,558.86$4,548.55$142,548.17
15$10,216.45$4,890.96$137,657.21
16$9,848.26$5,259.14$132,398.07
17$9,452.36$5,655.05$126,743.02
18$9,026.66$6,080.75$120,662.27
19$8,568.90$6,538.50$114,123.77
20$8,076.69$7,030.71$107,093.06
21$7,547.43$7,559.98$99,533.08
22$6,978.32$8,129.09$91,403.99
23$6,366.37$8,741.03$82,662.96
24$5,708.36$9,399.05$73,263.91
25$5,000.81$10,106.60$63,157.31
26$4,239.99$10,867.41$52,289.90
27$3,421.91$11,685.50$40,604.40
28$2,542.24$12,565.17$28,039.22
29$1,596.34$13,511.06$14,528.16
30$579.25$14,528.16$0.00

This week's mortgage rates →

Monthly payment in Missouri by home price (20% down, 7%, 30 years, 0.85% tax, $2,000 insurance)

Home pricePrincipal and interestProperty taxTotal
$120,000$639$85$890
$170,000$905$120$1,191
$230,000$1,224$162$1,553
$350,000$1,863$247$2,276
$460,000$2,448$324$2,939

How this calculator works

As the mortgage calculator, with Missouri's effective property tax rate from the Census Bureau's American Community Survey 2020–2024 5-year estimates: median taxes $1,948 ÷ median value $230,300.

What it assumes

  • Home insurance varies a lot by state and area; enter your quote.
  • County property tax rates differ from the state figure; see the county pages.

Questions people ask

What is the mortgage payment on a median home in Missouri?

On $230,300 with 20% down at 7% over 30 years: about $1,226 principal and interest and $162 of property tax, $1,555 a month with $2,000 a year of insurance.

What is the median home value in Missouri?

$230,300 for owner-occupied homes (Census American Community Survey 2020–2024 5-year estimates), against $332,700 nationally.

How much is property tax in Missouri?

The effective rate is 0.85%, a median $1,948 a year. See Missouri's property tax page for every county we cover.

How much income do I need for a median Missouri home?

Under the 28% guideline, about $66,633 a year for the payment above; Missouri's median household income is $70,702.

Mortgage calculator by state

Related calculators

  • Mortgage CalculatorYour full monthly mortgage payment: principal and interest, property tax, insurance, PMI and HOA dues, at this week's average rate, with a yearly amortization schedule.
  • Missouri Property Tax CalculatorMissouri homeowners pay a median $1,948 a year in property tax, 0.85% of a median $230,300 home: the 23rd highest effective rate of the 50 states and DC.
  • Home Affordability CalculatorThe home price your income supports under the 28/36 guideline lenders use, counting your other debts, down payment, taxes and insurance, at this week's average rate.

Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.