Missouri mortgage calculator with property tax and insurance
Median home price in Missouri: $260,000. Effective property tax 1.03%/yr, homeowners insurance ≈ $2,200/yr. Rates updated Oct 8, 2026.
Payment by loan term
| Term | P&I | All-in | Total interest |
|---|---|---|---|
| 10 yr | $2,469 | $2,875 | $88,280 |
| 15 yr | $1,928 | $2,335 | $139,073 |
| 20 yr | $1,676 | $2,082 | $194,152 |
| 30 yr | $1,454 | $1,861 | $315,572 |
Adjust the numbers
Monthly breakdown
Total interest $315,572 · total PMI $0 · paid off in 30 years
Compare loan terms
| Term | Monthly (P&I) | Total monthly | Total interest |
|---|---|---|---|
| 10 years | $2,469 | $2,875 | $88,280 |
| 15 years | $1,928 | $2,335 | $139,073 |
| 20 years | $1,676 | $2,082 | $194,152 |
| 30 years | $1,454 | $1,861 | $315,572 |
Amortization schedule
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 1 | $15,535 | $1,917 | $206,083 |
| 2 | $15,386 | $2,066 | $204,016 |
| 3 | $15,226 | $2,227 | $201,790 |
| 4 | $15,053 | $2,400 | $199,390 |
| 5 | $14,867 | $2,586 | $196,804 |
| 6 | $14,666 | $2,787 | $194,018 |
| 7 | $14,449 | $3,003 | $191,015 |
| 8 | $14,216 | $3,236 | $187,779 |
| 9 | $13,965 | $3,487 | $184,292 |
| 10 | $13,694 | $3,758 | $180,534 |
| 11 | $13,403 | $4,050 | $176,484 |
| 12 | $13,088 | $4,364 | $172,120 |
| 13 | $12,750 | $4,703 | $167,417 |
| 14 | $12,384 | $5,068 | $162,349 |
| 15 | $11,991 | $5,461 | $156,887 |
| 16 | $11,567 | $5,885 | $151,002 |
| 17 | $11,110 | $6,342 | $144,660 |
| 18 | $10,618 | $6,835 | $137,825 |
| 19 | $10,087 | $7,365 | $130,460 |
| 20 | $9,515 | $7,937 | $122,523 |
| 21 | $8,899 | $8,553 | $113,969 |
| 22 | $8,235 | $9,217 | $104,752 |
| 23 | $7,520 | $9,933 | $94,819 |
| 24 | $6,748 | $10,704 | $84,115 |
| 25 | $5,918 | $11,535 | $72,581 |
| 26 | $5,022 | $12,430 | $60,150 |
| 27 | $4,057 | $13,395 | $46,755 |
| 28 | $3,017 | $14,435 | $32,320 |
| 29 | $1,896 | $15,556 | $16,764 |
| 30 | $689 | $16,764 | $0 |
Showing 360 payments. Schedule assumes a fixed rate and constant home value for PMI cancellation.
Down payment scenarios in Missouri
| Down | Cash needed | PMI | Monthly |
|---|---|---|---|
| 3% | $7,800 | $116 | $2,286 |
| 5% | $13,000 | $113 | $2,247 |
| 10% | $26,000 | $107 | $2,150 |
| 15% | $39,000 | $101 | $2,053 |
| 20% | $52,000 | $0 | $1,861 |
| 25% | $65,000 | $0 | $1,770 |
Around the Missouri median price
| Home price | P&I | All-in monthly |
|---|---|---|
| $195,000 | $1,091 | $1,441 |
| $260,000 | $1,454 | $1,861 |
| $325,000 | $1,818 | $2,280 |
| $390,000 | $2,182 | $2,700 |
Detailed payment examples
FAQ
What is the average property tax rate in Missouri?
Missouri's effective property tax rate is about 1.03% of home value per year, which is $223 per month on a $260,000 home. Rates vary by county and by exemptions, so treat this as a planning estimate.
How much is homeowners insurance in Missouri?
A typical Missouri policy runs around $2,200 per year ($183 per month). Coastal and hail-prone areas can be significantly higher.
Is a $260,000 home affordable in Missouri?
At 7.50% with 20% down, the estimated all-in payment is $1,861 per month. Using the 28% rule that implies a household income near $80,000 per year before other debts.