On a U.S. typical-value home of $368,700 (Zillow Home Value Index, August 2026), the modeled monthly principal-and-interest payment is $1,937 with 20% down and a 30-year fixed rate of 6.87% (an assumed rate). This is an estimate computed from one typical home value per state, not a measured median or average of what borrowers actually pay. Payments shown are principal and interest only — a real payment is higher once you add property taxes, homeowner's insurance, and PMI if applicable.
Each payment is computed with the standard amortization formula: loan = price × (1 − 20%), monthly rate r = 6.87% ÷ 12, n = 360 payments, payment = loan × r ÷ (1 − (1 + r)−n), rounded to the nearest dollar. The table covers all 50 states plus Washington D.C.. The 6.87% rate is a modeling assumption: it equals several weekly readings of the Freddie Mac Primary Mortgage Market Survey 30-year fixed rate, but it is not a quarterly average. Each home price is the Zillow Home Value Index (ZHVI) for August 2026 — a typical value of mid-tier homes (35th–65th percentile), smoothed and seasonally adjusted — rounded to the nearest $100. ZHVI is not a median sale price. Taxes, insurance, and HOA fees are not included.
| State | Typical Home Value (ZHVI, August 2026) | Est. Monthly P&I Payment |
|---|---|---|
| Hawaii (HI) | $833,300 | $4,377 |
| California (CA) | $764,200 | $4,014 |
| Massachusetts (MA) | $661,900 | $3,477 |
| Washington (WA) | $591,900 | $3,109 |
| New Jersey (NJ) | $580,400 | $3,049 |
| District of Columbia (DC) | $570,100 | $2,995 |
| Utah (UT) | $534,600 | $2,808 |
| Colorado (CO) | $532,700 | $2,798 |
| New York (NY) | $526,700 | $2,767 |
| New Hampshire (NH) | $516,300 | $2,712 |
| Rhode Island (RI) | $511,200 | $2,685 |
| Oregon (OR) | $496,100 | $2,606 |
| Idaho (ID) | $478,700 | $2,514 |
| Montana (MT) | $471,700 | $2,478 |
| Connecticut (CT) | $450,900 | $2,368 |
| Nevada (NV) | $442,000 | $2,322 |
| Maryland (MD) | $428,300 | $2,250 |
| Arizona (AZ) | $418,000 | $2,196 |
| Maine (ME) | $415,600 | $2,183 |
| Virginia (VA) | $414,700 | $2,178 |
| Delaware (DE) | $406,100 | $2,133 |
| Vermont (VT) | $399,100 | $2,096 |
| Alaska (AK) | $398,700 | $2,094 |
| Florida (FL) | $375,500 | $1,972 |
| Wyoming (WY) | $371,900 | $1,954 |
| Minnesota (MN) | $350,800 | $1,843 |
| Wisconsin (WI) | $339,700 | $1,784 |
| North Carolina (NC) | $334,800 | $1,759 |
| Tennessee (TN) | $334,100 | $1,755 |
| Georgia (GA) | $330,800 | $1,738 |
| South Dakota (SD) | $321,600 | $1,689 |
| New Mexico (NM) | $318,200 | $1,671 |
| South Carolina (SC) | $306,300 | $1,609 |
| Texas (TX) | $299,400 | $1,573 |
| Illinois (IL) | $297,600 | $1,563 |
| North Dakota (ND) | $292,300 | $1,535 |
| Pennsylvania (PA) | $290,400 | $1,525 |
| Nebraska (NE) | $280,700 | $1,474 |
| Missouri (MO) | $267,900 | $1,407 |
| Michigan (MI) | $266,300 | $1,399 |
| Indiana (IN) | $260,100 | $1,366 |
| Kansas (KS) | $249,600 | $1,311 |
| Ohio (OH) | $248,800 | $1,307 |
| Alabama (AL) | $241,600 | $1,269 |
| Iowa (IA) | $239,500 | $1,258 |
| Kentucky (KY) | $232,600 | $1,222 |
| Arkansas (AR) | $227,300 | $1,194 |
| Oklahoma (OK) | $223,300 | $1,173 |
| Louisiana (LA) | $217,000 | $1,140 |
| Mississippi (MS) | $197,600 | $1,038 |
| West Virginia (WV) | $179,500 | $943 |
The gap between the highest and lowest estimates is striking: the modeled monthly payment in Hawaii ($4,377) is about 4.6 times the one in West Virginia ($943). Because the model applies the same rate everywhere, these differences come entirely from home values. In practice, buyers in all states face broadly similar mortgage rates, but the underlying asset prices vary enormously.
Coastal markets — California, Washington, Massachusetts, New Jersey — combine high wages with restricted housing supply, pushing values well above the U.S. typical value. Interior states and much of the Southeast have historically lower land costs and less constrained supply, keeping prices (and payments) more manageable.
The table above shows estimates based on typical home values and a 20% down payment. Your actual payment depends on your specific purchase price, down payment, credit score (which affects your rate), and local property taxes. Use our mortgage calculator to run your exact numbers.
Calculate Your Mortgage Payment →Sources: Rate assumption — Freddie Mac Primary Mortgage Market Survey (PMMS), 30-year fixed-rate mortgage average, weekly (FRED series MORTGAGE30US); the exact weekly reading used was not recorded. State, D.C. and U.S. home values — Zillow Research, Zillow Home Value Index (ZHVI), all homes (SFR + condo), middle tier (35th–65th percentile), smoothed, seasonally adjusted, state level, observation August 2026, retrieved 2026-09-28.
Page first published: March 2026. Methodology revised: 2026-09-28. These dates describe this page, not the age of the underlying data.
This page is for informational purposes. Consult a licensed mortgage lender for personalized rate quotes and payment estimates.
