State-specific mortgage calculator
Ohio mortgage calculator
Estimate your monthly mortgage payment in Ohio using real recent borrower rates plus Ohio-specific property tax and insurance defaults. Every input is editable; the rate you see updates from recent borrower submissions as you change credit score, loan type, or term.
Median home price
$230,000
Ohio 2024-25
20% down payment
$46,000
Loan $184,000
Property tax
1.41%
~$270/mo on this example
Insurance
$1,100
~$92/mo
Mortgage calculator
Your rate starts at this week’s Freddie Mac national average. Change it to the rate you were actually quoted.
Your scenario
Estimated monthly payment
$3,441
Principal & interest$2,571
Property tax$663
Home insurance$208
Loan amount
$400,000
LTV 80.0%
Total interest paid
$525,383
over 30 years
Total cost of loan
$925,383
excluding tax + insurance
What a better rate is worth
Principal + interest on your $400,000 loan at nearby rates.
| Rate | Monthly P+I | vs yours / mo | Over 5 years |
|---|---|---|---|
| 6.160% | $2,440 | −$131 | −$7,860 |
| 6.410% | $2,505 | −$66 | −$3,952 |
| 6.660%yours | $2,571 | — | — |
| 6.910% | $2,637 | +$67 | +$3,994 |
Year-by-year amortization schedule
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | $4,337 | $26,509 | $395,663 |
| 2 | $4,635 | $26,211 | $391,028 |
| 3 | $4,953 | $25,893 | $386,075 |
| 4 | $5,293 | $25,553 | $380,782 |
| 5 | $5,657 | $25,190 | $375,126 |
| 6 | $6,045 | $24,801 | $369,081 |
| 7 | $6,460 | $24,386 | $362,621 |
| 8 | $6,904 | $23,942 | $355,717 |
| 9 | $7,378 | $23,468 | $348,339 |
| 10 | $7,885 | $22,962 | $340,454 |
| 11 | $8,426 | $22,420 | $332,028 |
| 12 | $9,005 | $21,842 | $323,024 |
| 13 | $9,623 | $21,223 | $313,401 |
| 14 | $10,284 | $20,562 | $303,117 |
| 15 | $10,990 | $19,856 | $292,127 |
| 16 | $11,745 | $19,101 | $280,383 |
| 17 | $12,551 | $18,295 | $267,832 |
| 18 | $13,413 | $17,433 | $254,419 |
| 19 | $14,334 | $16,512 | $240,084 |
| 20 | $15,318 | $15,528 | $224,766 |
| 21 | $16,370 | $14,476 | $208,396 |
| 22 | $17,495 | $13,352 | $190,901 |
| 23 | $18,696 | $12,150 | $172,205 |
| 24 | $19,980 | $10,866 | $152,225 |
| 25 | $21,352 | $9,494 | $130,873 |
| 26 | $22,818 | $8,028 | $108,055 |
| 27 | $24,385 | $6,461 | $83,670 |
| 28 | $26,060 | $4,787 | $57,611 |
| 29 | $27,849 | $2,997 | $29,762 |
| 30 | $29,762 | $1,085 | $0 |
Principal + interest only; excludes tax, insurance, and PMI.
More on Ohio mortgage rates