Boston, MA mortgage calculator

Boston
Mortgage
Calculator

Boston's economy is anchored by higher education, biotech, and healthcare, driving some of the highest home prices in the Northeast. Suffolk County's residential property tax rate is relatively low, a rare bit of relief given premium purchase prices.

0.83% county property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$4,800
P&I · Taxes · Insurance
Total interest
$792,924
Principal & Interest$3,936/mo
Property Tax (0.83%)$540/mo
Homeowners Insurance$325/mo

Recommended for incomes above $210k/yr (28% DTI rule)

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0.83%
Boston area property tax rate
$780,000
Boston median home price
$4,800
est. monthly payment at defaults

Boston housing market

$780,000
Median home price
$80,000
Median household income
650,706
City population

The 0.83% property tax rate reflects the county-level effective rate for Boston and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Massachusetts average — county-level data produces more accurate monthly payment estimates for Boston buyers. Many Boston properties also carry HOA fees — the area average is approximately $500/month, which is not included in the calculator above.

Rate history

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