Kentucky mortgage calculator with property tax and insurance
Median home price in Kentucky: $250,000. Effective property tax 0.81%/yr, homeowners insurance ≈ $1,900/yr. Rates updated Oct 8, 2026.
Payment by loan term
| Term | P&I | All-in | Total interest |
|---|---|---|---|
| 10 yr | $2,374 | $2,701 | $84,884 |
| 15 yr | $1,854 | $2,181 | $133,724 |
| 20 yr | $1,611 | $1,938 | $186,685 |
| 30 yr | $1,398 | $1,726 | $303,434 |
Adjust the numbers
Monthly breakdown
Total interest $303,434 · total PMI $0 · paid off in 30 years
Compare loan terms
| Term | Monthly (P&I) | Total monthly | Total interest |
|---|---|---|---|
| 10 years | $2,374 | $2,701 | $84,884 |
| 15 years | $1,854 | $2,181 | $133,724 |
| 20 years | $1,611 | $1,938 | $186,685 |
| 30 years | $1,398 | $1,726 | $303,434 |
Amortization schedule
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 1 | $14,937 | $1,844 | $198,156 |
| 2 | $14,794 | $1,987 | $196,170 |
| 3 | $14,640 | $2,141 | $194,028 |
| 4 | $14,474 | $2,307 | $191,721 |
| 5 | $14,295 | $2,486 | $189,235 |
| 6 | $14,102 | $2,679 | $186,555 |
| 7 | $13,894 | $2,887 | $183,668 |
| 8 | $13,670 | $3,112 | $180,557 |
| 9 | $13,428 | $3,353 | $177,203 |
| 10 | $13,168 | $3,613 | $173,590 |
| 11 | $12,887 | $3,894 | $169,696 |
| 12 | $12,585 | $4,196 | $165,500 |
| 13 | $12,259 | $4,522 | $160,978 |
| 14 | $11,908 | $4,873 | $156,105 |
| 15 | $11,530 | $5,251 | $150,853 |
| 16 | $11,122 | $5,659 | $145,194 |
| 17 | $10,683 | $6,098 | $139,096 |
| 18 | $10,209 | $6,572 | $132,524 |
| 19 | $9,699 | $7,082 | $125,442 |
| 20 | $9,149 | $7,632 | $117,810 |
| 21 | $8,557 | $8,224 | $109,586 |
| 22 | $7,918 | $8,863 | $100,723 |
| 23 | $7,230 | $9,551 | $91,173 |
| 24 | $6,489 | $10,292 | $80,880 |
| 25 | $5,690 | $11,091 | $69,789 |
| 26 | $4,829 | $11,952 | $57,837 |
| 27 | $3,901 | $12,880 | $44,957 |
| 28 | $2,901 | $13,880 | $31,076 |
| 29 | $1,824 | $14,958 | $16,119 |
| 30 | $662 | $16,119 | $0 |
Showing 360 payments. Schedule assumes a fixed rate and constant home value for PMI cancellation.
Down payment scenarios in Kentucky
| Down | Cash needed | PMI | Monthly |
|---|---|---|---|
| 3% | $7,500 | $111 | $2,134 |
| 5% | $12,500 | $109 | $2,097 |
| 10% | $25,000 | $103 | $2,003 |
| 15% | $37,500 | $97 | $1,910 |
| 20% | $50,000 | $0 | $1,726 |
| 25% | $62,500 | $0 | $1,638 |
Around the Kentucky median price
| Home price | P&I | All-in monthly |
|---|---|---|
| $190,000 | $1,063 | $1,349 |
| $250,000 | $1,398 | $1,726 |
| $315,000 | $1,762 | $2,133 |
| $375,000 | $2,098 | $2,509 |
Detailed payment examples
FAQ
What is the average property tax rate in Kentucky?
Kentucky's effective property tax rate is about 0.81% of home value per year, which is $169 per month on a $250,000 home. Rates vary by county and by exemptions, so treat this as a planning estimate.
How much is homeowners insurance in Kentucky?
A typical Kentucky policy runs around $1,900 per year ($158 per month). Coastal and hail-prone areas can be significantly higher.
Is a $250,000 home affordable in Kentucky?
At 7.50% with 20% down, the estimated all-in payment is $1,726 per month. Using the 28% rule that implies a household income near $74,000 per year before other debts.