Rhode Island mortgage calculator

Rhode Island
Mortgage
Calculator

Rhode Island's small size and coastal location keep home prices elevated, with a median around $430,000. Property taxes of 1.63% add meaningfully to monthly costs, especially in Providence.

ProvidenceCranstonWarwickPawtucketEast Providence
1.63% avg property tax
Real local rates
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$
$
Interest rate6.48%
Monthly payment
$2,933
P&I · Taxes · Insurance
Total interest
$437,125
Principal & Interest$2,170/mo
Property Tax$584/mo
Homeowners Insurance$179/mo

Recommended for incomes above $130k/yr (28% DTI rule)

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1.63%
Rhode Island avg property tax rate
$430,000
Rhode Island median home price
$2,933
est. monthly payment at defaults

Rhode Island property taxes

Rhode Island property taxes are set by each municipality. Providence has higher rates than suburban communities like Cranston and Warwick.

Rate history

FAQ

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