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Texas Mortgage Calculator

Use this free Texas mortgage calculator to estimate your monthly mortgage payments and annual amortization.

Loan details

%

Monthly payment

$2,100

at 6.80% · 30-year fixed

  • Principal & interest

    $1,565

  • Property taxes

    $375

  • Homeowners insurance

    $160

Loan amount

$240,000

Total interest paid

$323,263

Payoff date

—

YOU'RE KEEPING $20,288

$20,288

stays in your pocket

That's your total savings over 30 years at today's best rate on NerdWallet (6.80%) vs. the 7.15% national average — $56 less every month.

  • Today's best rate: 6.80%

  • Get your free rate with no credit impact

Get my rate

No impact to your credit score

Calculated payments and savings are estimates. The calculator result does not constitute an offer for a loan and will not solicit a loan offer. Savings will depend on the actual amounts and rate for which you are approved, should you choose to apply.

Getting a Mortgage in Texas

Written by 
,  Edited by 
 and 
Last updated November 19, 2025
Housing affordability varies by location, and national averages don’t always reflect real-world costs for buyers. Comparing local mortgage costs with everyday living expenses can provide a more accurate view of affordability. NerdWallet’s cost of living calculator can help you compare how cities across Texas stack up.
Housing remains relatively affordable in Texas, but, again, costs vary widely by location. For instance, the typical monthly mortgage payment for a median-priced home in highly populated Harris County was $1,763 in Q1 2025, based on a $300,826 home value, according to the National Association of Realtors. By comparison, the national median payment was $2,120 on a median-priced single-family home valued at $402,300.

Texas mortgage and refinance rates today (APR)

ProductInterest rateAPR
30-year fixed-rate7.319%7.327%
20-year fixed-rate7.121%7.130%
15-year fixed-rate6.499%6.513%
10-year fixed-rate6.656%6.695%
7-year ARM6.869%6.824%
5-year ARM7.000%6.800%
30-year fixed-rate FHA5.990%6.721%
30-year fixed-rate VA6.467%6.812%
Data source: ©Zillow, Inc. 2006 – 2026. Use is subject to the Terms of Use

Today's rate

7.327%

30-year fixed

Today's mortgage rates in Texas are 7.327% for a 30-year fixed, 6.513% for a 15-year fixed, and 6.800% for a 5-year adjustable-rate mortgage (ARM).

Texas' first-time home buyer programs

The Texas Department of Housing and Community Affairs, or TDCHA, offers several loan programs to help qualified first-time home buyers get a mortgage.
» MORE: First-time home buyer programs by state

Average property tax by county

Taking U.S. Census data, NerdWallet has crunched the numbers to help you understand what property tax rate you can expect to pay on your future home in Texas. Because assessed values aren't frequently updated, you may pay a higher rate at first but eventually you'll pay a similar rate.

CountyAvg. property tax rateMedian home value
Anderson County1.09%$154,600
Andrews County1.34%$179,300
Angelina County1.15%$173,600
Aransas County1.07%$221,500
Archer County1.43%$157,500
Armstrong County1.20%$167,600
Atascosa County1.27%$141,000
Austin County1.22%$240,000
Bailey County1.93%$112,400
Bandera County0.83%$237,300
Bastrop County1.28%$310,600
Baylor County0.85%$92,100
Bee County1.25%$106,700
Bell County1.38%$233,900
Bexar County1.70%$259,200
Blanco County0.94%$309,800
Borden County0.55%$104,200
Bosque County0.89%$151,400
Bowie County1.28%$173,500
Brazoria County1.85%$281,300
Brazos County1.47%$263,700
Brewster County1.18%$200,500
Briscoe County0.72%$77,400
Brooks County1.13%$80,100
Brown County1.17%$137,900
Burleson County0.97%$154,700
Burnet County1.07%$268,300
Caldwell County1.28%$185,400
Calhoun County1.10%$128,200
Callahan County0.89%$129,500
Cameron County1.57%$133,400
Camp County1.12%$146,600
Carson County1.36%$129,700
Cass County0.73%$115,600
Castro County1.33%$96,400
Chambers County1.13%$279,200
Cherokee County1.08%$138,500
Childress County1.51%$111,100
Clay County1.17%$139,700
Cochran County1.25%$48,000
Coke County1.22%$94,900
Coleman County0.91%$91,800
Collin County1.68%$476,100
Collingsworth County0.95%$89,500
Colorado County0.87%$172,900
Comal County1.15%$405,100
Comanche County1.12%$131,800
Concho County1.17%$92,900
Cooke County1.26%$207,100
Coryell County1.07%$179,800
Cottle County1.49%$51,400
Crane County0.97%$117,000
Crockett County0.94%$181,300
Crosby County1.50%$69,600
Culberson County0.74%$83,300
Dallam County1.19%$113,800
Dallas County1.55%$297,100
Dawson County1.21%$95,100
Deaf Smith County1.54%$107,500
Delta County1.12%$163,700
Denton County1.64%$428,400
DeWitt County0.95%$156,700
Dickens County0.95%$67,000
Dimmit County1.23%$75,900
Donley County0.69%$98,900
Duval County0.97%$76,000
Eastland County1.00%$110,500
Ector County1.29%$184,000
Edwards County1.53%$86,800
El Paso County1.98%$170,700
Ellis County1.37%$315,100
Erath County1.05%$219,600
Falls County1.02%$103,400
Fannin County1.00%$193,200
Fayette County0.78%$254,200
Fisher County1.15%$82,700
Floyd County1.41%$90,800
Foard County1.40%$65,000
Fort Bend County1.93%$351,600
Franklin County0.93%$194,800
Freestone County1.05%$154,900
Frio County1.40%$98,000
Gaines County1.57%$181,100
Galveston County1.55%$294,400
Garza County1.39%$87,500
Gillespie County0.99%$399,400
Glasscock County0.59%$258,300
Goliad County0.93%$172,400
Gonzales County1.15%$156,100
Gray County1.47%$93,600
Grayson County1.28%$250,500
Gregg County1.24%$187,700
Grimes County1.00%$212,500
Guadalupe County1.33%$295,500
Hale County1.40%$97,500
Hall County1.18%$68,000
Hamilton County0.93%$122,600
Hansford County1.55%$101,700
Hardeman County1.58%$65,800
Hardin County1.19%$175,800
Harris County1.60%$264,000
Harrison County0.95%$154,500
Hartley County1.30%$226,500
Haskell County1.30%$69,800
Hays County1.57%$400,000
Hemphill County1.29%$200,600
Henderson County1.08%$204,500
Hidalgo County1.77%$123,700
Hill County1.19%$142,000
Hockley County1.04%$110,800
Hood County1.08%$291,000
Hopkins County0.98%$172,800
Houston County0.92%$128,300
Howard County1.30%$132,900
Hudspeth County0.95%$57,400
Hunt County1.37%$258,000
Hutchinson County1.36%$96,500
Irion County1.42%$149,600
Jack County1.13%$135,500
Jackson County1.16%$140,300
Jasper County0.95%$117,400
Jeff Davis County0.87%$167,300
Jefferson County1.60%$160,800
Jim Hogg County1.47%$115,100
Jim Wells County1.23%$91,600
Johnson County1.32%$284,500
Jones County1.34%$88,400
Karnes County0.68%$137,800
Kaufman County1.65%$316,500
Kendall County1.03%$464,100
Kent County1.20%$76,400
Kerr County1.00%$260,700
Kimble County0.57%$189,600
Kinney County1.15%$112,200
Kleberg County1.73%$128,300
Knox County1.84%$55,100
La Salle County1.08%$99,400
Lamar County0.82%$152,800
Lamb County1.18%$79,300
Lampasas County0.85%$217,100
Lavaca County0.83%$205,500
Lee County0.94%$208,100
Leon County0.67%$158,700
Liberty County1.18%$154,900
Limestone County1.05%$135,400
Lipscomb County1.34%$119,800
Live Oak County0.77%$143,000
Llano County0.87%$287,000
Loving County0.67%$218,800
Lubbock County1.60%$209,200
Lynn County1.55%$116,800
Madison County1.09%$139,100
Marion County0.83%$103,100
Martin County0.97%$143,500
Mason County0.80%$254,500
Matagorda County1.28%$155,200
Maverick County1.48%$125,000
McCulloch County0.85%$98,700
McLennan County1.50%$233,400
McMullen County1.01%$105,100
Medina County1.28%$186,200
Menard County0.99%$86,500
Midland County1.25%$285,700
Milam County1.16%$149,600
Mills County0.81%$188,900
Mitchell County1.15%$83,900
Montague County1.01%$166,900
Montgomery County1.59%$342,600
Moore County1.55%$122,700
Morris County1.06%$108,600
Motley County0.92%$72,100
Nacogdoches County0.98%$150,700
Navarro County1.27%$142,300
Newton County0.88%$90,100
Nolan County1.45%$91,300
Nueces County1.52%$201,600
Ochiltree County1.71%$118,400
Oldham County1.39%$125,000
Orange County1.24%$190,200
Palo Pinto County1.17%$151,500
Panola County1.02%$139,400
Parker County1.39%$365,500
Parmer County1.26%$134,300
Pecos County0.70%$144,300
Polk County1.02%$151,100
Potter County1.47%$140,300
Presidio County0.97%$121,000
Rains County1.18%$174,000
Randall County1.49%$240,500
Reagan County0.85%$123,900
Real County0.73%$258,000
Red River County0.89%$113,600
Reeves County0.99%$108,800
Refugio County1.05%$92,900
Roberts County0.89%$164,200
Robertson County0.75%$156,800
Rockwall County1.58%$422,500
Runnels County1.47%$89,700
Rusk County0.92%$148,100
Sabine County0.97%$134,300
San Augustine County0.63%$82,400
San Jacinto County0.83%$167,700
San Patricio County1.50%$178,300
San Saba County0.63%$134,300
Schleicher County0.53%$96,700
Scurry County1.49%$109,400
Shackelford County1.25%$178,500
Shelby County0.85%$107,400
Sherman County1.80%$108,100
Smith County1.31%$224,600
Somervell County0.79%$246,600
Starr County1.30%$98,400
Stephens County1.18%$98,000
Sterling County1.00%$121,000
Stonewall County1.69%$54,700
Sutton County1.66%$132,600
Swisher County1.36%$85,300
Tarrant County1.68%$311,900
Taylor County1.42%$189,000
Terrell County1.13%$119,800
Terry County1.42%$105,500
Throckmorton County1.05%$67,000
Titus County1.13%$138,900
Tom Green County1.40%$193,800
Travis County1.42%$574,000
Trinity County1.05%$104,300
Tyler County0.95%$124,900
Upshur County1.12%$166,600
Upton County1.04%$95,600
Uvalde County1.25%$129,900
Val Verde County1.29%$138,500
Van Zandt County0.91%$181,300
Victoria County1.55%$205,800
Walker County1.20%$199,300
Waller County1.49%$268,200
Ward County0.66%$117,700
Washington County0.87%$248,300
Webb County1.75%$171,200
Wharton County1.35%$170,100
Wheeler County1.32%$105,200
Wichita County1.66%$145,600
Wilbarger County1.48%$82,300
Willacy County1.44%$66,900
Williamson County1.67%$472,000
Wilson County1.35%$266,600
Winkler County0.92%$109,100
Wise County1.14%$299,900
Wood County0.84%$170,700
Yoakum County1.18%$167,900
Young County1.27%$142,100
Zapata County0.89%$84,800
Zavala County1.50%$77,300
Source: American Communities Survey 2022, U.S. Census

How to use the mortgage calculator

To use our mortgage calculator, add your details to the following fields:
1. Home price: What you're hoping to spend on a home.
2. ZIP code: The home's location.
3. Down payment: How much cash you're paying upfront towards the home's price. This calculator defaults to showing a 20% down payment, but you can adjust it up or down by changing the dollar amount or the percentage. This calculator assumes you're using a conventional loan, so it will automatically add private mortgage insurance if the down payment amount is less than 20%.
4. Loan term: The default is 30 years, but you can also choose a shorter term.
5. Interest rate: Use today's average APR, enter the rate you've been quoted or use the lowest APR NerdWallet partners are offering today.
That's the least you can do. To get more accurate results, fill in the following four categories. (Estimates are fine, but this goes over how to get more specific numbers.)
6. Property taxes (per year): This is autofilled with an estimate, but property taxes vary tremendously throughout the country. Get more precise by looking up the tax rate where you're planning to buy or looking at the tax history for the home you're interested in. You can change the property tax amount by editing the dollar amount or the percentage.
7. Homeowners insurance (per year): Mortgage lenders require borrowers to have homeowners insurance. Not sure what you might pay? This calculator puts in an estimate, but you can use NerdWallet's home insurance calculator to fine-tune it. All you need to know is the property location and the rough amount you'd be looking to insure — use the home's price as a proxy.
8. HOA fees: If the home is part of a homeowners association, put the monthly dues here. (The calculator default is no HOA costs.) This is also information you can likely crib from a home's listing. One other note, if there are HOA fees but you're going to pay them directly rather than with an escrow account, you can omit them here.
9. PMI (monthly): If you've entered a down payment amount under 20%, this will autofill, since the calculator assumes you're using a conventional loan. PMI is tied to your credit score, so if you want a more accurate figure, pop over to NerdWallet's PMI calculator. If you're using a VA loan, you can zero this out, since VA loans do not require mortgage insurance. On the other hand, if you're getting an FHA loan, you'll have to pay mortgage insurance premiums regardless of your down payment amount. For more accurate payment info, use our FHA mortgage calculator.
The calculator's results will update as you adjust the numbers in these fields. The results show you the monthly payment, as well as:
  • Loan amount: How much you're actually borrowing in principal.
  • Total interest paid: How much interest you will pay over the life of the mortgage if you keep it until its term ends. (Most people sell or refinance well before that point, but it's still interesting info.)
  • Payoff date: If you kept the same loan for its entire term, here's the month and year when you'd own the home free and clear.
There's also a simple annual amortization schedule. Amortization shows how your mortgage payment changes over time. Even though the principal and interest payment doesn't change with a fixed-rate mortgage, the percentage of that payment that's going toward each component does. At the beginning of the loan, more goes toward interest; the closer to the end of the loan's term, the more of the payment goes toward principal. If you want a more detailed month-by-month look, yes, NerdWallet has an amortization calculator, too.
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CONSIDERING A REFI? If you're looking to see how much you could save by refinancing your mortgage, try NerdWallet's refinance calculator.
» MORE FOR CANADIAN READERS: Canada mortgage payment calculator