Cambridge, MA mortgage calculator

Cambridge
Mortgage
Calculator

Cambridge is home to Harvard and MIT, anchoring a biotech and tech research cluster that keeps demand and prices among the highest in New England. A large commercial tax base keeps Cambridge's residential property tax rate unusually low for the state.

0.58% county property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$5,351
P&I · Taxes · Insurance
Total interest
$914,913
Principal & Interest$4,541/mo
Property Tax (0.58%)$435/mo
Homeowners Insurance$375/mo

Recommended for incomes above $230k/yr (28% DTI rule)

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0.58%
Cambridge area property tax rate
$900,000
Cambridge median home price
$5,351
est. monthly payment at defaults

Cambridge housing market

$900,000
Median home price
$95,000
Median household income
118,403
City population

The 0.58% property tax rate reflects the county-level effective rate for Cambridge 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 Cambridge buyers. Many Cambridge 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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