Montgomery, AL mortgage calculator

Montgomery
Mortgage
Calculator

Montgomery is Alabama's capital, with a state-government, military, and insurance-driven economy anchored by Maxwell Air Force Base. Montgomery County's property tax rate is low, consistent with the statewide millage cap.

0.43% county property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$1,019
P&I · Taxes · Insurance
Total interest
$177,900
Principal & Interest$883/mo
Property Tax (0.43%)$63/mo
Homeowners Insurance$73/mo

Recommended for incomes above $45k/yr (28% DTI rule)

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0.43%
Montgomery area property tax rate
$175,000
Montgomery median home price
$1,019
est. monthly payment at defaults

Montgomery housing market

$175,000
Median home price
$48,000
Median household income
200,022
City population

The 0.43% property tax rate reflects the county-level effective rate for Montgomery and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Alabama average — county-level data produces more accurate monthly payment estimates for Montgomery buyers. Many Montgomery properties also carry HOA fees — the area average is approximately $50/month, which is not included in the calculator above.

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