Lafayette, LA mortgage calculator

Lafayette
Mortgage
Calculator

Lafayette anchors Cajun Country with an energy-services and healthcare economy that has diversified since the oil-price downturns of the 2010s. Lafayette Parish's property tax rate is among the lowest of Louisiana's major cities.

0.5% county property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$1,382
P&I · Taxes · Insurance
Total interest
$238,894
Principal & Interest$1,186/mo
Property Tax (0.5%)$98/mo
Homeowners Insurance$98/mo

Recommended for incomes above $60k/yr (28% DTI rule)

Compare lenders for this loan →
0.5%
Lafayette area property tax rate
$235,000
Lafayette median home price
$1,382
est. monthly payment at defaults

Lafayette housing market

$235,000
Median home price
$52,000
Median household income
121,374
City population

The 0.5% property tax rate reflects the county-level effective rate for Lafayette and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Louisiana average — county-level data produces more accurate monthly payment estimates for Lafayette buyers. Many Lafayette properties also carry HOA fees — the area average is approximately $100/month, which is not included in the calculator above.

Rate history

FAQ

Frequently Asked Questions