Nashville, TN mortgage calculator

Nashville
Mortgage
Calculator

Nashville's healthcare, music, and tech industries have fueled a decade of rapid growth and rising home prices. Davidson County's property tax rate is among the lowest of any major US metro, a key advantage that partially offsets premium purchase prices.

0.63% county property tax
Real local rates
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$
$
Interest rate6.48%
Monthly payment
$2,694
P&I · Taxes · Insurance
Total interest
$457,456
Principal & Interest$2,271/mo
Property Tax (0.63%)$236/mo
Homeowners Insurance$188/mo

Recommended for incomes above $120k/yr (28% DTI rule)

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0.63%
Nashville area property tax rate
$450,000
Nashville median home price
$2,694
est. monthly payment at defaults

Nashville housing market

$450,000
Median home price
$65,000
Median household income
715,884
City population

The 0.63% property tax rate reflects the county-level effective rate for Nashville and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Tennessee average — county-level data produces more accurate monthly payment estimates for Nashville buyers. Many Nashville properties also carry HOA fees — the area average is approximately $200/month, which is not included in the calculator above.

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