Mississippi mortgage calculator

Mississippi
Mortgage
Calculator

Mississippi has the most affordable home prices in the nation, with a median around $185,000. Low property taxes of 0.65% further reduce housing costs, making homeownership highly accessible.

JacksonGulfportSouthavenHattiesburgBiloxi
0.65% avg property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$1,111
P&I · Taxes · Insurance
Total interest
$188,065
Principal & Interest$934/mo
Property Tax$100/mo
Homeowners Insurance$77/mo

Recommended for incomes above $50k/yr (28% DTI rule)

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0.65%
Mississippi avg property tax rate
$185,000
Mississippi median home price
$1,111
est. monthly payment at defaults

Mississippi property taxes

Mississippi provides a homestead exemption of up to $300 off property taxes for owner-occupied primary residences.

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