Calculate your monthly mortgage payment in Nevada. Pre-filled with Nevada's median home price of $420,000 and an average property tax rate of 0.6%.
Est. Monthly Payment
$2,849
Principal & Interest
$2,464
Property Tax / mo
$210
Total Interest Paid
$509,140
| Home Price | $420,000 | Median home price in Nevada (2025) |
| Down Payment | 10% ($42,000) | Typical down payment percentage |
| Loan Amount | $378,000 | Home price minus down payment |
| Interest Rate | 6.8% | Approximate 30-year fixed rate (2025 avg) |
| Loan Term | 30 years | Most common mortgage term |
| Property Tax | 0.6% / year | Nevada average effective rate |
| Home Insurance | 0.5% / year | Approximate annual premium |
Home is Possible, Home is Possible for Heroes
Cost of living: High · Population: 3,104,614
Nevada has a median home price of approximately $420,000, placing it above the national median. With a 10% down payment of $42,000, a typical buyer would finance $378,000 over 30 years. At a 6.8% fixed rate, the monthly principal and interest payment comes to $2,464.
Property taxes in Nevada average 0.6% of the assessed home value annually — one of the lower rates in the country. Combined with an estimated $175 for homeowners insurance, your all-in monthly housing cost is approximately $2,849.
Using the 28% housing cost guideline, you would need a gross annual income of approximately $122,112 to qualify comfortably. The median household income in Nevada is $63,276.
