Worcester, MA mortgage calculator

Worcester
Mortgage
Calculator

Worcester is New England's second-largest city, with a growing biotech and higher-education economy that has drawn buyers priced out of Boston. Worcester's property tax rate is well above Boston's, a factor that offsets some of its price advantage.

1.47% county property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$2,675
P&I · Taxes · Insurance
Total interest
$406,628
Principal & Interest$2,018/mo
Property Tax (1.47%)$490/mo
Homeowners Insurance$167/mo

Recommended for incomes above $115k/yr (28% DTI rule)

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1.47%
Worcester area property tax rate
$400,000
Worcester median home price
$2,675
est. monthly payment at defaults

Worcester housing market

$400,000
Median home price
$58,000
Median household income
206,518
City population

The 1.47% property tax rate reflects the county-level effective rate for Worcester 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 Worcester buyers. Many Worcester properties also carry HOA fees — the area average is approximately $150/month, which is not included in the calculator above.

Rate history

FAQ

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