CalculatorHighest monthly payment
Hawaii
$4,606HI
56.2% of median income
This week
At today's 30-year fixed rate of 6.69%, the median monthly mortgage payment ranges from $913 in West Virginia to $4,606 in Hawaii — a difference of $3,693 per month. This analysis combines U.S. Census Bureau property-tax data with live rates from Freddie Mac via FRED across all 50 states and Washington, D.C.
30-yr fixed 6.69% · Freddie Mac via FRED · August 6, 2026
Calculator Basics · Data Report · 51 States · Published June 2026
The 2026 State of Mortgage Payments in America
A state-by-state analysis of true monthly mortgage payments using U.S. Census property tax data and live Freddie Mac rates.
Dexter Umel is the founder of CalculatorBasics.com. A support engineer by background, he started the site after helping his parents shop for a home in Florida and finding the free-calculator number never matched the lender's quote. His philosophy — “I don't like trusting a number I can't verify” — drives the site's methodology of combining U.S. Census property tax data with live Freddie Mac rates.
Methodology at a glance
This study estimates the true monthly cost of owning a median-priced home in every U.S. state and Washington, D.C. Median home values, effective property tax rates, and household incomes come from the U.S. Census Bureau American Community Survey (ACS 2023 5-Year Estimates). The 30-year fixed mortgage rate (6.69% as of the latest Freddie Mac Primary Mortgage Market Survey via FRED) refreshes live on CalculatorBasics.com. Each payment assumes a 30-year fixed loan with 20% down (no PMI), plus monthly property tax and homeowners insurance estimated at 0.35% of home value annually. Mortgage rates update weekly; property tax inputs refresh when new Census releases are published.
Ranked Monthly Payments by State
Default sort: highest total monthly payment first. Click column headers to re-sort.
| Hawaii | $808,200 | 0.30% | $4,168 | $202 | $236 | $4,606 | 56.2% |
|---|---|---|---|---|---|---|---|
| Washington DC | $724,600 | 0.60% | $3,737 | $362 | $211 | $4,310 | 48.7% |
| California | $695,400 | 0.70% | $3,586 | $406 | $203 | $4,195 | 52.3% |
| Massachusetts | $525,800 | 1.10% | $2,712 | $482 | $153 | $3,347 | 39.6% |
| Washington | $519,800 | 0.80% | $2,681 | $347 | $152 | $3,179 | 40.2% |
| New Jersey | $427,600 | 2.20% | $2,205 | $784 | $125 | $3,114 | 37.0% |
| Colorado | $502,200 | 0.50% | $2,590 | $209 | $146 | $2,946 | 38.2% |
| Oregon | $454,200 | 0.80% | $2,342 | $303 | $132 | $2,778 | 41.4% |
| New York | $403,000 | 1.60% | $2,078 | $537 | $118 | $2,733 | 38.8% |
| Utah | $455,000 | 0.50% | $2,346 | $190 | $133 | $2,669 | 34.9% |
| New Hampshire | $367,200 | 1.80% | $1,894 | $551 | $107 | $2,552 | 32.0% |
| Maryland | $397,700 | 1.00% | $2,051 | $331 | $116 | $2,498 | 29.5% |
| Connecticut | $343,200 | 1.90% | $1,770 | $543 | $100 | $2,413 | 30.9% |
| Rhode Island | $368,800 | 1.30% | $1,902 | $400 | $108 | $2,409 | 33.5% |
| Nevada | $406,100 | 0.50% | $2,094 | $169 | $118 | $2,382 | 37.8% |
| Idaho | $376,000 | 0.50% | $1,939 | $157 | $110 | $2,205 | 35.5% |
| Virginia | $360,700 | 0.70% | $1,860 | $210 | $105 | $2,176 | 28.7% |
| Alaska | $333,300 | 1.10% | $1,719 | $306 | $97 | $2,122 | 28.5% |
| Arizona | $358,900 | 0.50% | $1,851 | $150 | $105 | $2,105 | 32.9% |
| Montana | $338,100 | 0.80% | $1,744 | $225 | $99 | $2,068 | 35.5% |
| Vermont | $290,500 | 1.70% | $1,498 | $412 | $85 | $1,994 | 30.7% |
| Florida | $325,000 | 0.80% | $1,676 | $217 | $95 | $1,987 | 33.3% |
| Minnesota | $305,500 | 1.00% | $1,575 | $255 | $89 | $1,919 | 26.3% |
| Delaware | $326,800 | 0.50% | $1,685 | $136 | $95 | $1,917 | 27.8% |
| Illinois | $250,500 | 2.10% | $1,292 | $438 | $73 | $1,803 | 26.5% |
| Texas | $260,400 | 1.60% | $1,343 | $347 | $76 | $1,766 | 27.8% |
| Maine | $266,400 | 1.10% | $1,374 | $244 | $78 | $1,696 | 28.4% |
| Wyoming | $285,100 | 0.60% | $1,470 | $143 | $83 | $1,696 | 27.2% |
| Georgia | $272,900 | 0.80% | $1,407 | $182 | $80 | $1,669 | 26.8% |
| Wisconsin | $247,400 | 1.50% | $1,276 | $309 | $72 | $1,657 | 26.3% |
| Pennsylvania | $240,500 | 1.40% | $1,240 | $281 | $70 | $1,591 | 25.1% |
| North Carolina | $259,400 | 0.70% | $1,338 | $151 | $76 | $1,565 | 26.9% |
| Tennessee | $256,800 | 0.60% | $1,324 | $128 | $75 | $1,528 | 27.3% |
| North Dakota | $241,100 | 1.00% | $1,243 | $201 | $70 | $1,515 | 23.9% |
| South Dakota | $236,800 | 1.10% | $1,221 | $217 | $69 | $1,507 | 25.0% |
| Nebraska | $223,800 | 1.50% | $1,154 | $280 | $65 | $1,499 | 24.0% |
| Michigan | $217,600 | 1.30% | $1,122 | $236 | $63 | $1,421 | 24.0% |
| New Mexico | $232,200 | 0.70% | $1,197 | $135 | $68 | $1,401 | 27.1% |
| South Carolina | $236,700 | 0.50% | $1,221 | $99 | $69 | $1,388 | 24.9% |
| Missouri | $215,600 | 0.90% | $1,112 | $162 | $63 | $1,336 | 23.3% |
| Kansas | $203,400 | 1.30% | $1,049 | $220 | $59 | $1,329 | 21.9% |
| Ohio | $199,200 | 1.40% | $1,027 | $232 | $58 | $1,318 | 22.7% |
| Iowa | $195,900 | 1.40% | $1,010 | $229 | $57 | $1,296 | 21.3% |
| Louisiana | $208,700 | 0.60% | $1,076 | $104 | $61 | $1,241 | 24.8% |
| Indiana | $201,600 | 0.70% | $1,040 | $118 | $59 | $1,216 | 20.8% |
| Kentucky | $192,300 | 0.80% | $992 | $128 | $56 | $1,176 | 22.6% |
| Oklahoma | $185,900 | 0.80% | $959 | $124 | $54 | $1,137 | 21.4% |
| Alabama | $195,100 | 0.40% | $1,006 | $65 | $57 | $1,128 | 21.8% |
| Arkansas | $175,300 | 0.60% | $904 | $88 | $51 | $1,043 | 21.3% |
| Mississippi | $161,400 | 0.70% | $832 | $94 | $47 | $974 | 21.3% |
| West Virginia | $155,600 | 0.50% | $802 | $65 | $45 | $913 | 18.9% |
State payment highlights
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How to cite this report
Suggested attribution: Source: The 2026 State of Mortgage Payments in America, CalculatorBasics.com
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CalculatorBasics.com. (2026). The 2026 State of Mortgage Payments in America. Retrieved 2026-08-12, from https://calculatorbasics.com/mortgage-payment-by-state
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CalculatorBasics.com. "The 2026 State of Mortgage Payments in America." Calculator Basics, June 2026, https://calculatorbasics.com/mortgage-payment-by-state. Accessed 2026-08-12.
Chicago
CalculatorBasics.com. "The 2026 State of Mortgage Payments in America." Last modified 2026-08-12. https://calculatorbasics.com/mortgage-payment-by-state.
Full methodology
This report estimates the median monthly housing payment a buyer would face in each state using a consistent set of assumptions so states are comparable.
Formula (per state)
- Home price = Census ACS median home value (
us_states.avg_home_price, 2023 5-Year Estimates) - Down payment = 20% (loan = 80% of home price)
- Monthly P&I = standard 30-year fixed amortization at the national 6.69% 30-year rate
- Monthly property tax = median home value × Census effective property tax rate ÷ 12
- Monthly insurance = median home value × 0.35% ÷ 12 (national estimate; actual premiums vary by location and coverage)
- Total monthly payment = P&I + property tax + insurance (no PMI at 20% down)
- % of income = (total monthly × 12) ÷ Census median household income
The “% of income” figure assumes a household earning the state's median income buying the state's median-priced home — a benchmark for relative affordability, not a claim about any individual buyer.
Data sources
- U.S. Census Bureau American Community Survey (ACS) — median home value (B25077), median property taxes paid (B25103), median household income (B19013), 2023 5-Year Estimates
- FRED / Freddie Mac Primary Mortgage Market Survey — national 30-year fixed rate (6.69%, week of August 6, 2026)
Property tax rates are state-level effective medians (tax paid ÷ home value), not county statutory rates. The mortgage rate is national, not state-specific. Insurance uses a flat 0.35%-of-value estimate because state-level premium data is not in our database.
Frequently Asked Questions
Which state has the highest monthly mortgage payment?
Hawaii has the highest estimated median monthly payment at $4,606, based on a Census median home value of $808,200, a 0.30% effective property tax rate, and the current 6.69% 30-year fixed rate.
Which state has the lowest monthly mortgage payment?
West Virginia has the lowest estimated median monthly payment at $913, using Census median home value and property tax data at today's 6.69% 30-year fixed rate.
How is the monthly mortgage payment calculated?
Each state's total is principal and interest on an 80% loan (20% down) at the national 6.69% 30-year fixed rate, plus monthly property tax (median home value × Census effective tax rate ÷ 12) and estimated homeowners insurance (0.35% of home value ÷ 12). PMI is excluded because the model assumes 20% down.
What data sources does this report use?
Median home values, property tax rates, and household incomes come from the U.S. Census Bureau ACS 2023 5-Year Estimates (via us_states). The mortgage rate is the Freddie Mac 30-year fixed average from FRED (Federal Reserve Economic Data), updated weekly.
Does the mortgage rate vary by state in this report?
No. The 6.69% rate is a single national weekly average from FRED, applied equally to all states. Local lender offers, credit score, and loan type can change your actual rate.
Journalists: visit our Press & Media page for charts, a press release, and citation formats. Compare affordability scenarios on our Housing Affordability by State tool, or run your own numbers with the mortgage calculator.