Colorado Springs, CO mortgage calculator

Colorado Springs
Mortgage
Calculator

Colorado Springs is anchored by a large military presence — including Peterson and Schriever Space Force Bases — along with growing technology and defense sectors. El Paso County's very low effective property tax rate keeps monthly payments more manageable than in many other metros with comparable home prices.

0.53% county property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$2,568
P&I · Taxes · Insurance
Total interest
$442,208
Principal & Interest$2,195/mo
Property Tax (0.53%)$192/mo
Homeowners Insurance$181/mo

Recommended for incomes above $115k/yr (28% DTI rule)

Compare lenders for this loan →
0.53%
Colorado Springs area property tax rate
$435,000
Colorado Springs median home price
$2,568
est. monthly payment at defaults

Colorado Springs housing market

$435,000
Median home price
$68,000
Median household income
480,000
City population

The 0.53% property tax rate reflects the county-level effective rate for Colorado Springs and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Colorado average — county-level data produces more accurate monthly payment estimates for Colorado Springs buyers. Many Colorado Springs properties also carry HOA fees — the area average is approximately $150/month, which is not included in the calculator above.

Rate history

FAQ

Frequently Asked Questions