Charlotte, NC mortgage calculator

Charlotte
Mortgage
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Charlotte is the largest city in the Carolinas and the nation's second-largest banking center, drawing buyers with strong job growth and relatively affordable prices. Mecklenburg County's low effective property tax rate is one of the metro's key affordability advantages.

0.88% county property tax
Real local rates
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$
$
Interest rate6.48%
Monthly payment
$2,354
P&I · Taxes · Insurance
Total interest
$386,296
Principal & Interest$1,917/mo
Property Tax (0.88%)$279/mo
Homeowners Insurance$158/mo

Recommended for incomes above $105k/yr (28% DTI rule)

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0.88%
Charlotte area property tax rate
$380,000
Charlotte median home price
$2,354
est. monthly payment at defaults

Charlotte housing market

$380,000
Median home price
$65,000
Median household income
897,745
City population

The 0.88% property tax rate reflects the county-level effective rate for Charlotte and is used to calculate your monthly tax escrow above. This rate may differ from the statewide North Carolina average — county-level data produces more accurate monthly payment estimates for Charlotte buyers. Many Charlotte properties also carry HOA fees — the area average is approximately $150/month, which is not included in the calculator above.

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