See if you qualify — free, 60-second check.
Estimate your full monthly payment for any home — principal, interest, Texas property taxes, and homeowners insurance — at any price and rate. Texas property taxes run higher than most states, so a complete payment estimate matters here more than almost anywhere.
Your payment is principal and interest (the loan itself) plus property taxes and insurance, which lenders usually collect monthly into an escrow account. The donut shows how your payment splits across these pieces.
Texas has no state income tax but funds itself partly through property taxes, which often run 1.6%–1.9% of a home's value — higher than the national average. That can add several hundred dollars to a monthly payment, so we include it by default.
A larger down payment, a lower rate, or a longer term each reduce the monthly figure. Veterans and self-employed borrowers can also avoid monthly PMI with the right loan, keeping the payment lower than a comparable conventional loan.
Want your exact numbers? Use the free eligibility check at the top of this page and a licensed specialist will run them for you — no credit pull.
Yes. Texas property taxes are higher than average (often 1.6%–1.9% of value), and they're built into this estimate. Adjust the rate for your county.
No. This estimate excludes monthly mortgage insurance. VA and bank statement loans typically avoid PMI entirely.
It's an account your lender uses to collect and pay your property taxes and insurance, spreading those costs across your monthly payment.
More down lowers your payment and may improve your rate. Bank statement loans often start at 10% down; VA loans can be $0 down.
Use a current market rate as a starting point, then get a personalized quote — your rate depends on credit, loan type, and down payment.
Because taxes and insurance are added. On a Texas home those can be a meaningful share of the total monthly payment.
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