Home and mortgage

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.

Shows its working
Sources named below
Runs in your browser; nothing is stored

Your numbers

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$1,575.30The answer

Monthly payment

$1,575.30

A $230,000 home with 20% down ($184,000 borrowed) at 7.18% over 30 years costs about $1,575 a month: $1,246 principal and interest plus $329 of tax, insurance and dues.

Principal and interest: $1,246.48
Tax, insurance, PMI and HOA: $328.82
Total interest over the loan: $264,733

Amortization by year: $184,000 at 7.18%

Year	Interest	Principal	Balance
1	$13,152.56	$1,805.20	$182,194.80
2	$13,018.60	$1,939.16	$180,255.64
3	$12,874.69	$2,083.07	$178,172.57
4	$12,720.10	$2,237.66	$175,934.91
5	$12,554.05	$2,403.71	$173,531.19
6	$12,375.67	$2,582.10	$170,949.10
7	$12,184.05	$2,773.71	$168,175.38
8	$11,978.21	$2,979.55	$165,195.83
9	$11,757.09	$3,200.67	$161,995.16
10	$11,519.57	$3,438.19	$158,556.97
11	$11,264.42	$3,693.34	$154,863.63
12	$10,990.33	$3,967.43	$150,896.20
13	$10,695.91	$4,261.85	$146,634.35
14	$10,379.64	$4,578.13	$142,056.23
15	$10,039.89	$4,917.87	$137,138.36
16	$9,674.93	$5,282.83	$131,855.53
17	$9,282.89	$5,674.87	$126,180.65
18	$8,861.75	$6,096.01	$120,084.65
19	$8,409.37	$6,548.40	$113,536.25
20	$7,923.41	$7,034.36	$106,501.90
21	$7,401.38	$7,556.38	$98,945.52
22	$6,840.62	$8,117.14	$90,828.38
23	$6,238.24	$8,719.52	$82,108.86
24	$5,591.16	$9,366.60	$72,742.26
25	$4,896.06	$10,061.70	$62,680.55
26	$4,149.37	$10,808.39	$51,872.17
27	$3,347.28	$11,610.48	$40,261.68
28	$2,485.66	$12,472.10	$27,789.58
29	$1,560.10	$13,397.67	$14,391.91
30	$565.85	$14,391.91	$0.00

Download the schedule (CSV)

This week's mortgage rates

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

Home price	Principal and interest	Property tax	Total
$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.

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.

Related calculators

Sources

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