Home and mortgage

Kentucky Mortgage Calculator

Your monthly mortgage payment in Kentucky, with Kentucky's effective property tax rate (0.75%) built in, at this week's average rate. The calculator starts at the state's median home value, $205,600.

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Home priceDown paymentInterest rateStarts at this week's national averageLoan termProperty taxA year, as a share of the price; about 1% is typical, varying widely by countyHome insurance a yearMortgage insurance (PMI)A year, on the loan, only below 20% downHOA dues a month

Monthly payment$1,412.00The answer

Monthly payment

$1,412.00

A $206,000 home with 20% down ($164,800 borrowed) at 7.18% over 30 years costs about $1,412 a month: $1,116 principal and interest plus $296 of tax, insurance and dues.

Principal and interest: $1,116.41
Tax, insurance, PMI and HOA: $295.59
Total interest over the loan: $237,109

Amortization by year: $164,800 at 7.18%

Year	Interest	Principal	Balance
1	$11,780.12	$1,616.83	$163,183.17
2	$11,660.13	$1,736.82	$161,446.35
3	$11,531.24	$1,865.71	$159,580.65
4	$11,392.79	$2,004.16	$157,576.48
5	$11,244.06	$2,152.89	$155,423.59
6	$11,084.29	$2,312.66	$153,110.93
7	$10,912.67	$2,484.28	$150,626.65
8	$10,728.31	$2,668.64	$147,958.00
9	$10,530.27	$2,866.69	$145,091.32
10	$10,317.53	$3,079.42	$142,011.90
11	$10,089.00	$3,307.95	$138,703.95
12	$9,843.52	$3,553.43	$135,150.51
13	$9,579.81	$3,817.14	$131,333.38
14	$9,296.54	$4,100.41	$127,232.97
15	$8,992.25	$4,404.70	$122,828.27
16	$8,665.37	$4,731.58	$118,096.69
17	$8,314.24	$5,082.71	$113,013.98
18	$7,937.05	$5,459.90	$107,554.08
19	$7,531.87	$5,865.08	$101,688.99
20	$7,096.62	$6,300.34	$95,388.66
21	$6,629.06	$6,767.89	$88,620.77
22	$6,126.82	$7,270.14	$81,350.63
23	$5,587.29	$7,809.66	$73,540.98
24	$5,007.73	$8,389.22	$65,151.76
25	$4,385.17	$9,011.78	$56,139.97
26	$3,716.40	$9,680.55	$46,459.42
27	$2,998.00	$10,398.95	$36,060.46
28	$2,226.28	$11,170.67	$24,889.80
29	$1,397.30	$11,999.65	$12,890.15
30	$506.80	$12,890.15	$0.00

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This week's mortgage rates

Monthly payment in Kentucky by home price (20% down, 7%, 30 years, 0.75% tax, $2,000 insurance)

Home price	Principal and interest	Property tax	Total
$100,000	$532	$63	$761
$150,000	$798	$94	$1,059
$210,000	$1,118	$131	$1,416
$310,000	$1,650	$194	$2,011
$410,000	$2,182	$257	$2,605

How this calculator works

As the mortgage calculator, with Kentucky's effective property tax rate from the Census Bureau's American Community Survey 2020–2024 5-year estimates: median taxes $1,544 ÷ median value $205,600.

Questions people ask

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

On $205,600 with 20% down at 7% over 30 years: about $1,094 principal and interest and $129 of property tax, $1,390 a month with $2,000 a year of insurance.

What is the median home value in Kentucky?

$205,600 for owner-occupied homes (Census American Community Survey 2020–2024 5-year estimates), against $332,700 nationally.

How much is property tax in Kentucky?

The effective rate is 0.75%, a median $1,544 a year. See Kentucky's property tax page for every county we cover.

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

Under the 28% guideline, about $59,555 a year for the payment above; Kentucky's median household income is $63,726.

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Sources

Updated Sep 30, 2026 by the RateHerald team. The maths is tested against worked examples; report a problem.