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What will your monthly payment really be?

This calculator estimates the full monthly payment for a Texas home: principal and interest, property taxes, homeowners insurance, and PMI when your down payment is under 20%. The result is an estimate to help you budget, not a loan commitment. Adjust the assumptions to match your quote, and verify final numbers with your lender.

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Enter your numbers

All fields are editable. Property tax and insurance defaults reflect typical Texas ballpark figures from public sources; use your actual quotes for a sharper estimate.

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The 6.71% default is the 30-year average from the Freddie Mac survey of September 3, 2026.

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~1.4% of price, the Texas average effective rate per the Tax Foundation (2026). Adjust to your county rate.

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Typical Texas average for a ~$300K dwelling, per 2026 rate trackers. Use your own quote.

PMI typically runs 0.3% to 1.0% of the loan per year and drops off once you build 20% equity. Set to 0 if paying at least 20% down.

Estimated monthly payment

Updates live as you type.

Total per month

$2,600

20% down · 30-year term

Principal & interest
$0
Property taxes
$0
Homeowners insurance
$0
PMI
$0

Estimates only. This tool does not include HOA dues, flood insurance, title costs, or one-time closing fees, and it is not a loan commitment or offer. Taxes and insurance are assumptions you can edit. Verify every number with your lender, your county appraisal district, and your insurance agent before you rely on it.

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Curious what these numbers mean for you?

Every estimate above assumes a general picture. Sharcom Realty Group and broker Sharon Yeary can put your real numbers together: the actual taxes for a neighborhood, the insurer's quote for the specific house, and the rate a lender offers your credit profile, across Houston, Katy, and Dallas-Fort Worth. You get 27 years of Texas real estate experience at no cost, and there is never a fee for a consultation.

Sharon Yeary, Associate Broker with eXp Realty, with 27 years of experience in Texas real estate

Sharon Yeary

Associate Broker with eXp Realty

27 years of experience in Texas real estate, from first-time buyer financing to luxury and master-planned community closings across Greater Houston, Katy, and DFW.

Call Sharon (832) 388-9945 Email Sharon Sharonyeary@gmail.com

Check your numbers with a real broker.

Share the home price, down payment, and neighborhoods you are considering, and Sharon's team will send back the practical payment picture for your situation.