Indiana mortgage calculator

Indiana
Mortgage
Calculator

Indiana offers affordable home prices and a relatively low cost of living, with a median near $250,000. Property taxes average 0.85%, keeping monthly housing costs well below the national average.

IndianapolisFort WayneEvansvilleSouth BendCarmel
0.85% avg property tax
Real local rates
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$
$
Interest rate6.48%
Monthly payment
$1,543
P&I · Taxes · Insurance
Total interest
$254,142
Principal & Interest$1,262/mo
Property Tax$177/mo
Homeowners Insurance$104/mo

Recommended for incomes above $70k/yr (28% DTI rule)

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0.85%
Indiana avg property tax rate
$250,000
Indiana median home price
$1,543
est. monthly payment at defaults

Indiana property taxes

Indiana caps residential property tax increases at 1% of assessed value per year for homestead properties under the circuit breaker law.

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