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Latest Report

The 2026 State of Mortgage Payments in America

Published June 2026 · Last updated 2026-07-02

A state-by-state analysis of true monthly mortgage payments using U.S. Census property tax data and live Freddie Mac rates.

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Key Findings

$4,520/month

the average mortgage payment in Hawaii, the highest in the U.S.

$896/month

the average mortgage payment in West Virginia, the lowest in the U.S.

the gap between the most and least expensive states (median home prices)

11 states

where the average monthly payment now exceeds $2,500

$1,974

the national average monthly payment across all 51 jurisdictions

State-by-State Hooks

Local angles for reporters — expand a state to copy the hook sentence.

Press Release

July 2, 2026 — CalculatorBasics.com today published "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 30-year fixed rates.

NEW YORK — Americans buying a median-priced home face monthly payments ranging from $896 in West Virginia to $4,520 in Hawaii, a 5x spread that underscores how location and property taxes shape housing affordability in 2026. For the same $400,000 home, New Jersey residents would pay 1.3x more per month than Hawaii residents — before any difference in local home prices.

The report ranks all 50 states and Washington, D.C. on total monthly payment (principal, interest, property tax, and estimated insurance) using Census ACS 2023 median home values and effective property tax rates, combined with the current national 6.49% 30-year fixed rate from FRED. 11 states now exceed $2,500 per month on a median-priced home; the national average is $1,974/month.

"Most mortgage calculators show principal and interest only," said Dexter Umel, founder of CalculatorBasics.com. "Journalists and homebuyers need the full PITI picture with real property tax data by state. This report makes that comparison citeable and updates as rates move."

About CalculatorBasics.com
CalculatorBasics.com provides free financial calculators for mortgage, loan, and affordability decisions using live Federal Reserve rates and U.S. Census data. No signup required.

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Media contact: hello@calculatorbasics.com
Report URL: https://calculatorbasics.com/mortgage-payment-by-state

High-Resolution Charts

2000px-wide PNG charts generated from the same live dataset as the report. Attribution required.

Bar chart of the ten highest monthly mortgage payments by state

How to Cite Us

How to cite this report

Suggested attribution: Source: The 2026 State of Mortgage Payments in America, CalculatorBasics.com

AP style

CalculatorBasics.com. (2026). The 2026 State of Mortgage Payments in America. Retrieved 2026-07-02, from https://calculatorbasics.com/mortgage-payment-by-state

MLA

CalculatorBasics.com. "The 2026 State of Mortgage Payments in America." Calculator Basics, June 2026, https://calculatorbasics.com/mortgage-payment-by-state. Accessed 2026-07-02.

Chicago

CalculatorBasics.com. "The 2026 State of Mortgage Payments in America." Last modified 2026-07-02. https://calculatorbasics.com/mortgage-payment-by-state.

Suggested attribution: Source: The 2026 State of Mortgage Payments in America, CalculatorBasics.com

Author

Dexter Umel, Founder — CalculatorBasics.com

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Latest Report

The 2026 State of Mortgage Payments in America

Key Findings

State-by-State Hooks

Hawaii#1 · $4,520/mo · 0.30% tax

Washington DC#2 · $4,234/mo · 0.60% tax

California#3 · $4,121/mo · 0.70% tax

Massachusetts#4 · $3,291/mo · 1.10% tax

Washington#5 · $3,124/mo · 0.80% tax

New Jersey#6 · $3,069/mo · 2.20% tax

Colorado#7 · $2,892/mo · 0.50% tax

Oregon#8 · $2,730/mo · 0.80% tax

New York#9 · $2,691/mo · 1.60% tax

Utah#10 · $2,621/mo · 0.50% tax

New Hampshire#11 · $2,513/mo · 1.80% tax

Maryland#12 · $2,456/mo · 1.00% tax

Connecticut#13 · $2,377/mo · 1.90% tax

Rhode Island#14 · $2,370/mo · 1.30% tax

Nevada#15 · $2,339/mo · 0.50% tax

Idaho#16 · $2,166/mo · 0.50% tax

Virginia#17 · $2,138/mo · 0.70% tax

Alaska#18 · $2,086/mo · 1.10% tax

Arizona#19 · $2,067/mo · 0.50% tax

Montana#20 · $2,032/mo · 0.80% tax

Vermont#21 · $1,964/mo · 1.70% tax

Florida#22 · $1,953/mo · 0.80% tax

Minnesota#23 · $1,887/mo · 1.00% tax

Delaware#24 · $1,882/mo · 0.50% tax

Illinois#25 · $1,777/mo · 2.10% tax

Texas#26 · $1,739/mo · 1.60% tax

Maine#27 · $1,668/mo · 1.10% tax

Wyoming#28 · $1,666/mo · 0.60% tax

Georgia#29 · $1,640/mo · 0.80% tax

Wisconsin#30 · $1,631/mo · 1.50% tax

Pennsylvania#31 · $1,566/mo · 1.40% tax

North Carolina#32 · $1,537/mo · 0.70% tax

Tennessee#33 · $1,500/mo · 0.60% tax

North Dakota#34 · $1,489/mo · 1.00% tax

South Dakota#35 · $1,482/mo · 1.10% tax

Nebraska#36 · $1,476/mo · 1.50% tax

Michigan#37 · $1,398/mo · 1.30% tax

New Mexico#38 · $1,376/mo · 0.70% tax

South Carolina#39 · $1,363/mo · 0.50% tax

Missouri#40 · $1,314/mo · 0.90% tax

Kansas#41 · $1,307/mo · 1.30% tax

Ohio#42 · $1,297/mo · 1.40% tax

Iowa#43 · $1,275/mo · 1.40% tax

Louisiana#44 · $1,219/mo · 0.60% tax

Indiana#45 · $1,195/mo · 0.70% tax

Kentucky#46 · $1,156/mo · 0.80% tax

Oklahoma#47 · $1,117/mo · 0.80% tax

Alabama#48 · $1,107/mo · 0.40% tax

Arkansas#49 · $1,024/mo · 0.60% tax

Mississippi#50 · $957/mo · 0.70% tax

West Virginia#51 · $896/mo · 0.50% tax

Press Release

High-Resolution Charts

Top 10 most expensive states

Top 10 least expensive states

National payment distribution

Full state ranking reference