Newton, MA mortgage calculator

Newton
Mortgage
Calculator

Newton is one of Greater Boston's most affluent suburbs, prized for top-rated schools and a village-like feel close to the city. High household incomes support some of the state's highest home prices despite a moderate property tax rate.

0.98% county property tax
Real local rates
No sign-up required
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$
Interest rate6.48%
Monthly payment
$8,163
P&I · Taxes · Insurance
Total interest
$1,321,540
Principal & Interest$6,560/mo
Property Tax (0.98%)$1,062/mo
Homeowners Insurance$542/mo

Recommended for incomes above $350k/yr (28% DTI rule)

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0.98%
Newton area property tax rate
$1,300,000
Newton median home price
$8,163
est. monthly payment at defaults

Newton housing market

$1,300,000
Median home price
$150,000
Median household income
88,414
City population

The 0.98% property tax rate reflects the county-level effective rate for Newton 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 Newton buyers. Many Newton properties also carry HOA fees — the area average is approximately $300/month, which is not included in the calculator above.

Rate history

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