Cleveland, OH mortgage calculator

Cleveland
Mortgage
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Cleveland offers some of the lowest home prices of any major US metro, anchored by a healthcare and manufacturing economy led by the Cleveland Clinic. Cuyahoga County's high property tax rate means taxes are a large share of the monthly payment despite low prices.

2.44% county property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$900
P&I · Taxes · Insurance
Total interest
$121,988
Principal & Interest$606/mo
Property Tax (2.44%)$244/mo
Homeowners Insurance$50/mo

Recommended for incomes above $40k/yr (28% DTI rule)

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2.44%
Cleveland area property tax rate
$120,000
Cleveland median home price
$900
est. monthly payment at defaults

Cleveland housing market

$120,000
Median home price
$35,000
Median household income
361,607
City population

The 2.44% property tax rate reflects the county-level effective rate for Cleveland and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Ohio average — county-level data produces more accurate monthly payment estimates for Cleveland buyers. Many Cleveland 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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