See the full monthly cost of an Austin home, not just the loan payment. Principal, interest, property taxes, insurance and HOA dues, all in one number.
Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and PMI.
If the home will be your primary residence, the Texas homestead exemption reduces the value your school district taxes are calculated on. For 2026 that exemption is $140,000, and homeowners aged 65 or over may qualify for more. You apply once through your county appraisal district, at no cost, and the deadline is April 30. It is a straightforward saving and easy to miss in the first year.
These figures are estimates for planning purposes. Your lender will confirm your actual rate and payment. If you would like help working out what your budget buys in a particular part of Austin, Kacy is happy to talk it through.
The calculator estimates your full monthly payment, including principal, interest, property taxes, homeowners insurance, and HOA dues when applicable. Update any field to instantly compare different home prices, down payments, and loan terms before talking with a lender.
Property tax rates vary by location and school district. Across the Austin area, effective rates typically range from about 1.7% to 2.3% of a home's assessed value. Some newer communities with MUD taxes may have higher rates.
File a residence homestead exemption with your county appraisal district by April 30 of the year you want the exemption. Once approved, it typically continues automatically while the property remains your primary residence.
For 2026, loans above the conforming limit of $832,750 are considered jumbo loans. These loans often require higher credit scores, larger down payments, and stronger financial qualifications than conforming loans.
A 20% down payment usually eliminates private mortgage insurance on conventional loans and lowers your monthly payment. Many buyers qualify with less. Compare different down payment amounts to see how they affect your estimated monthly cost.