Calculate Your Monthly Payment
$
Select a program to apply FHA/VA/USDA rules.
$
20.0% of home price
%
%
$
Used to estimate potential Year‑2 escrow shock if taxes reset after purchase.
$
$
$
Extra payments reduce balance faster and can end PMI sooner.
Total Monthly Payment
$0
Principal & Interest • Tax • Insurance • PMI • HOA
Principal & Interest
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Property Tax
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Insurance
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PMI
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HOA
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Loan Amount
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Principal & Interest
Property Tax
Home Insurance
PMI
Total Interest Paid
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Total Principal + Interest
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| Year | Principal | Interest | Balance |
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Disclaimer: Results shown are estimates for educational purposes only and do not constitute financial, tax, legal, or investment advice. Actual payments vary based on lender, credit score, loan type, and local assessments. Consult a licensed mortgage professional for your specific situation.
North Carolina Mortgage Costs at a Glance
Property Tax
0.8%
Nat. Avg: 1.07%
Median Home
$315000
Nat. Avg: $287,000
Avg Insurance
$1620
Nat. Avg: $1,428
Loan Limit
$766,550
Nat. Avg: $766,550
Mortgage Costs by City in North Carolina
Charlotte
~$2,431/mo
Home Price
$380,000
Tax (0.8%)
~$253/mo
Est. P&I (7.1% / 20% down)
~$2,043/mo
Raleigh
~$2,673/mo
Home Price
$420,000
Tax (0.8%)
~$280/mo
Est. P&I (7.1% / 20% down)
~$2,258/mo
Durham
~$2,431/mo
Home Price
$380,000
Tax (0.8%)
~$253/mo
Est. P&I (7.1% / 20% down)
~$2,043/mo
North Carolina First-Time Homebuyer Programs
Understanding Property Taxes in North Carolina
North Carolina has an average property tax rate of 0.8%, which is below the national average of 1.07%.
Frequently Asked Questions
The average property tax rate in North Carolina is 0.8%.
The median home price in North Carolina is approximately $315,000.
North Carolina offers several programs including NC Home Advantage Mortgage, NC 1st Home Advantage Down Payment.