A mortgage calculator that knows what state the house is in: principal and interest, plus Florida property tax at the state's effective rate (0.8% of value, ACS 2025 medians) and a closing-cost estimate in the CFPB's typical 2–5% range.
Loan: $317,360. Insurance estimated at 0.2% of value per year inside the monthly total.
P&I $2,006 · tax $264 · insurance $66
| Principal & interest / month | $2,006 |
| Property tax / year (0.8% effective) | $3,174 |
| Closing costs (one-time, estimate) | $9,521 |
| Total interest over the term | $404,775 |
The Census Bureau's ACS 2025 medians put Florida's typical bill at $3,180 on a $396,700 home — an effective 0.8%. Effective rates blend every local levy into one comparable number; your parcel's assessed value and local rates set the real bill.
Source: U.S. Census Bureau, ACS 2025 1-year estimates (tables B25077/B25103).
Save Our Homes (Fla. Stat. s.193.155(1)): annual assessed-value increase on a homesteaded property capped at the lower of 3% or the CPI change (cap for 2026 = 2.7%); benefit is portable (up to $500,000) and resets to just value on change of ownership.
Source: state source cited in the research (see hub).
The CFPB puts typical buyer closing costs at 2–5% of the loan (origination, appraisal, title, prepaid escrows). The default here is 3% and the field is yours to change — no official schedule exists, and this page will not pretend one does. Florida transfer/recording charges sit inside that range for most purchases.
Source: Consumer Financial Protection Bureau, closing-cost guidance.
Property tax. At 0.8%, Florida adds $264 a month on the median home — in the highest-tax states that rivals a full percentage point of interest rate.
No — it is the state's median effective rate applied to your price. Assessments, exemptions (homestead and others) and local rates move real bills both ways; the county assessor's figure governs.
Below 20% down, lenders usually add private mortgage insurance (roughly 0.3–1.5% of the loan per year) until you reach ~20% equity. It is not in the default total — add it to the insurance line mentally if it applies.
Florida Mortgage Calculator with the costs other calculators skip: on the Florida median home ($396,700, ACS 2025), $2,337 a month — $2,006 principal & interest, $264 property tax at the state's 0.8% effective rate, plus closing costs of about $9,521.
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A mortgage calculator for Florida that includes Florida property tax and a closing-cost estimate alongside principal and interest.
On the median Florida home ($396,700): $2,337 a month, of which $264 is property tax.
The state's median tax bill is $3,180 a year (ACS 2025).
An effective 0.8% of value at the ACS medians — $3,180 a year on the median home.
No — they are one-time costs at closing, shown separately.
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