A mortgage calculator that knows what state the house is in: principal and interest, plus Texas property tax at the state's effective rate (1.32% of value, ACS 2025 medians) and a closing-cost estimate in the CFPB's typical 2–5% range.
Loan: $254,480. Insurance estimated at 0.2% of value per year inside the monthly total.
P&I $1,608 · tax $350 · insurance $53
| Principal & interest / month | $1,608 |
| Property tax / year (1.32% effective) | $4,199 |
| Closing costs (one-time, estimate) | $7,634 |
| Total interest over the term | $324,575 |
The Census Bureau's ACS 2025 medians put Texas's typical bill at $4,205 on a $318,100 home — an effective 1.32%. 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).
School-district residence homestead exemption is $140,000 (Tax Code s.11.13(b), in effect for tax year 2025 and therefore the 2026 tax year), plus an additional $60,000 for owners 65+ or disabled (s.11.13(c)); it applies to school taxes only, not city/county/special-district taxes.
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. Texas transfer/recording charges sit inside that range for most purchases.
Source: Consumer Financial Protection Bureau, closing-cost guidance.
Property tax. At 1.32%, Texas adds $350 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.
Texas Mortgage Calculator with the costs other calculators skip: on the Texas median home ($318,100, ACS 2025), $2,011 a month — $1,608 principal & interest, $350 property tax at the state's 1.32% effective rate, plus closing costs of about $7,634.
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A mortgage calculator for Texas that includes Texas property tax and a closing-cost estimate alongside principal and interest.
On the median Texas home ($318,100): $2,011 a month, of which $350 is property tax.
The state's median tax bill is $4,205 a year (ACS 2025).
An effective 1.32% of value at the ACS medians — $4,205 a year on the median home.
No — they are one-time costs at closing, shown separately.
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