Colorado mortgage calculator with property tax and insurance
Median home price in Colorado: $580,000. Effective property tax 0.52%/yr, homeowners insurance ≈ $2,700/yr. Rates updated Oct 8, 2026.
Payment by loan term
| Term | P&I | All-in | Total interest |
|---|---|---|---|
| 10 yr | $5,508 | $5,984 | $196,931 |
| 15 yr | $4,301 | $4,778 | $310,241 |
| 20 yr | $3,738 | $4,214 | $433,109 |
| 30 yr | $3,244 | $3,721 | $703,968 |
Adjust the numbers
Monthly breakdown
Total interest $703,968 · total PMI $0 · paid off in 30 years
Compare loan terms
| Term | Monthly (P&I) | Total monthly | Total interest |
|---|---|---|---|
| 10 years | $5,508 | $5,984 | $196,931 |
| 15 years | $4,301 | $4,778 | $310,241 |
| 20 years | $3,738 | $4,214 | $433,109 |
| 30 years | $3,244 | $3,721 | $703,968 |
Amortization schedule
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 1 | $34,655 | $4,277 | $459,723 |
| 2 | $34,323 | $4,609 | $455,113 |
| 3 | $33,965 | $4,967 | $450,146 |
| 4 | $33,579 | $5,353 | $444,793 |
| 5 | $33,164 | $5,768 | $439,025 |
| 6 | $32,716 | $6,216 | $432,809 |
| 7 | $32,233 | $6,699 | $426,110 |
| 8 | $31,713 | $7,219 | $418,891 |
| 9 | $31,153 | $7,779 | $411,112 |
| 10 | $30,549 | $8,383 | $402,729 |
| 11 | $29,898 | $9,034 | $393,695 |
| 12 | $29,197 | $9,735 | $383,959 |
| 13 | $28,441 | $10,491 | $373,468 |
| 14 | $27,627 | $11,306 | $362,163 |
| 15 | $26,749 | $12,183 | $349,980 |
| 16 | $25,803 | $13,129 | $336,851 |
| 17 | $24,784 | $14,148 | $322,702 |
| 18 | $23,686 | $15,247 | $307,456 |
| 19 | $22,502 | $16,430 | $291,026 |
| 20 | $21,227 | $17,706 | $273,320 |
| 21 | $19,852 | $19,080 | $254,240 |
| 22 | $18,371 | $20,562 | $233,678 |
| 23 | $16,774 | $22,158 | $211,520 |
| 24 | $15,054 | $23,878 | $187,642 |
| 25 | $13,201 | $25,732 | $161,911 |
| 26 | $11,203 | $27,729 | $134,181 |
| 27 | $9,050 | $29,882 | $104,299 |
| 28 | $6,730 | $32,202 | $72,097 |
| 29 | $4,231 | $34,702 | $37,396 |
| 30 | $1,537 | $37,396 | $0 |
Showing 360 payments. Schedule assumes a fixed rate and constant home value for PMI cancellation.
Down payment scenarios in Colorado
| Down | Cash needed | PMI | Monthly |
|---|---|---|---|
| 3% | $17,400 | $258 | $4,668 |
| 5% | $29,000 | $253 | $4,582 |
| 10% | $58,000 | $239 | $4,365 |
| 15% | $87,000 | $226 | $4,149 |
| 20% | $116,000 | $0 | $3,721 |
| 25% | $145,000 | $0 | $3,518 |
Around the Colorado median price
| Home price | P&I | All-in monthly |
|---|---|---|
| $435,000 | $2,433 | $2,847 |
| $580,000 | $3,244 | $3,721 |
| $725,000 | $4,055 | $4,595 |
| $870,000 | $4,867 | $5,469 |
Detailed payment examples
FAQ
What is the average property tax rate in Colorado?
Colorado's effective property tax rate is about 0.52% of home value per year, which is $251 per month on a $580,000 home. Rates vary by county and by exemptions, so treat this as a planning estimate.
How much is homeowners insurance in Colorado?
A typical Colorado policy runs around $2,700 per year ($225 per month). Coastal and hail-prone areas can be significantly higher.
Is a $580,000 home affordable in Colorado?
At 7.50% with 20% down, the estimated all-in payment is $3,721 per month. Using the 28% rule that implies a household income near $159,000 per year before other debts.