Springfield, MA mortgage calculator

Springfield
Mortgage
Calculator

Springfield anchors western Massachusetts with a healthcare, insurance, and manufacturing economy, offering the state's most affordable major-city home prices. The city's property tax rate is among the highest in Massachusetts.

1.68% county property tax
Real local rates
No sign-up required
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$
Interest rate6.48%
Monthly payment
$1,784
P&I · Taxes · Insurance
Total interest
$264,308
Principal & Interest$1,312/mo
Property Tax (1.68%)$364/mo
Homeowners Insurance$108/mo

Recommended for incomes above $80k/yr (28% DTI rule)

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1.68%
Springfield area property tax rate
$260,000
Springfield median home price
$1,784
est. monthly payment at defaults

Springfield housing market

$260,000
Median home price
$45,000
Median household income
155,929
City population

The 1.68% property tax rate reflects the county-level effective rate for Springfield 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 Springfield buyers. Many Springfield properties also carry HOA fees — the area average is approximately $50/month, which is not included in the calculator above.

Rate history

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