Calculate your monthly mortgage payment in Kentucky. Pre-filled with Kentucky's median home price of $210,000 and an average property tax rate of 0.86%.
Est. Monthly Payment
$1,480
Principal & Interest
$1,241
Property Tax / mo
$151
Total Interest Paid
$257,747
| Home Price | $210,000 | Median home price in Kentucky (2025) |
| Down Payment | 10% ($21,000) | Typical down payment percentage |
| Loan Amount | $189,000 | Home price minus down payment |
| Interest Rate | 6.87% | Approximate 30-year fixed rate (2025 avg) |
| Loan Term | 30 years | Most common mortgage term |
| Property Tax | 0.86% / year | Kentucky average effective rate |
| Home Insurance | 0.5% / year | Approximate annual premium |
KHC Regular Loan, KHC Affordable DPA
Cost of living: Low · Population: 4,505,836
Kentucky has a median home price of approximately $210,000, placing it below the national median. With a 10% down payment of $21,000, a typical buyer would finance $189,000 over 30 years. At a 6.87% fixed rate, the monthly principal and interest payment comes to $1,241.
Property taxes in Kentucky average 0.86% of the assessed home value annually — one of the moderate rates in the country. Combined with an estimated $88 for homeowners insurance, your all-in monthly housing cost is approximately $1,480.
Using the 28% housing cost guideline, you would need a gross annual income of approximately $63,427 to qualify comfortably. The median household income in Kentucky is $52,238.
