Providence, RI mortgage calculator

Providence
Mortgage
Calculator

Providence is Rhode Island's capital, with a healthcare, education, and design-industry economy anchored by Brown University and RISD. The city's property tax rate is high relative to its suburbs.

1.75% county property tax
Real local rates
No sign-up required
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$
Interest rate6.48%
Monthly payment
$2,976
P&I · Taxes · Insurance
Total interest
$437,125
Principal & Interest$2,170/mo
Property Tax (1.75%)$627/mo
Homeowners Insurance$179/mo

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

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1.75%
Providence area property tax rate
$430,000
Providence median home price
$2,976
est. monthly payment at defaults

Providence housing market

$430,000
Median home price
$58,000
Median household income
190,934
City population

The 1.75% property tax rate reflects the county-level effective rate for Providence and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Rhode Island average — county-level data produces more accurate monthly payment estimates for Providence buyers. Many Providence properties also carry HOA fees — the area average is approximately $250/month, which is not included in the calculator above.

Rate history

FAQ

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