Calculate your monthly mortgage payment in Pennsylvania. Pre-filled with Pennsylvania's median home price of $270,000 and an average property tax rate of 1.58%.
Est. Monthly Payment
$2,058
Principal & Interest
$1,589
Property Tax / mo
$356
Total Interest Paid
$329,053
| Home Price | $270,000 | Median home price in Pennsylvania (2025) |
| Down Payment | 10% ($27,000) | Typical down payment percentage |
| Loan Amount | $243,000 | Home price minus down payment |
| Interest Rate | 6.83% | Approximate 30-year fixed rate (2025 avg) |
| Loan Term | 30 years | Most common mortgage term |
| Property Tax | 1.58% / year | Pennsylvania average effective rate |
| Home Insurance | 0.5% / year | Approximate annual premium |
PHFA Keystone Home Loan, HOMEstead DPA, K-FIT
Cost of living: Moderate · Population: 13,002,700
Pennsylvania has a median home price of approximately $270,000, placing it below the national median. With a 10% down payment of $27,000, a typical buyer would finance $243,000 over 30 years. At a 6.83% fixed rate, the monthly principal and interest payment comes to $1,589.
Property taxes in Pennsylvania average 1.58% of the assessed home value annually — one of the higher rates in the country. Combined with an estimated $113 for homeowners insurance, your all-in monthly housing cost is approximately $2,058.
Using the 28% housing cost guideline, you would need a gross annual income of approximately $88,202 to qualify comfortably. The median household income in Pennsylvania is $63,627.
