Louisiana mortgage calculator

30-year fixed mortgage calculator with Louisiana-specific defaults. Median home price $205,000 · property tax effective rate 0.55%. All inputs update live; share your scenario as a URL.

Median home price reconciled 2026-04-22. Source: Zillow Home Value Index, state-level.

Your loan

Home price

$100k$2M

Down payment$41,000

Interest rate30-yr avg: 6.875%

Loan term

Taxes & insurance

(optional, but realistic)

State

Louisiana

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Property tax rate

~$94 per month

Homeowner insurance

HOA dues (if any)

PMI required. With 20% down (LTV 80.0%), private mortgage insurance is added at 0.50% of the loan annually — that's $68/month. PMI auto-removes at month 28 (78% LTV, per the Homeowners Protection Act).

Extra payments

(optional — accelerate payoff)

Biweekly paymentsPay half the monthly amount every two weeks (26 half-payments per year ≈ 13 monthly equivalents). Typically saves 4-7 years and tens of thousands in interest on a 30-year loan.

Extra each month

Applied as additional principal every month.

One-time lump sum

Single payment toward principal at the specified month (e.g. tax refund or bonus).

Estimated monthly payment

For a $205,000 home, 20% down, 6.875% APR, 30-year fixed in Louisiana.

Where your payment goes

Principal & interest$1,077

Property tax$94

Homeowner insurance$145

PMI$68

Loan amount

$164,000

Total interest

$223,851

Total paid

$387,851

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How your balance falls over time

The crossover point — where more of each payment goes to principal than interest — is at year 20.

BalanceInterest paidPrincipal paid

Amortization schedule

Year-by-year breakdown of every payment.

Period	Payment	Principal	Interest	Total interest paid	Balance
Y01Year 1	$12,928	$1,706	$11,222	$11,222	$162,294
Y02Year 2	$12,928	$1,828	$11,101	$22,323	$160,466
Y03Year 3	$12,928	$1,957	$10,971	$33,294	$158,509
Y04Year 4	$12,928	$2,096	$10,832	$44,126	$156,413
Y05Year 5	$12,928	$2,245	$10,684	$54,810	$154,168
Y06Year 6	$12,928	$2,404	$10,524	$65,334	$151,764
Y07Year 7	$12,928	$2,575	$10,354	$75,687	$149,189
Y08Year 8	$12,928	$2,757	$10,171	$85,858	$146,431
Y09Year 9	$12,928	$2,953	$9,975	$95,834	$143,478
Y10Year 10	$12,928	$3,163	$9,766	$105,599	$140,316
Y11Year 11	$12,928	$3,387	$9,541	$115,141	$136,929
Y12Year 12	$12,928	$3,627	$9,301	$124,442	$133,301
Y13Year 13	$12,928	$3,885	$9,044	$133,485	$129,416
Y14Year 14	$12,928	$4,160	$8,768	$142,253	$125,256
Y15Year 15	$12,928	$4,456	$8,473	$150,726	$120,800
Y16Year 16	$12,928	$4,772	$8,157	$158,882	$116,029
Y17Year 17	$12,928	$5,110	$7,818	$166,700	$110,918
Y18Year 18	$12,928	$5,473	$7,455	$174,155	$105,445
Y19Year 19	$12,928	$5,861	$7,067	$181,222	$99,584
Y20Year 20	$12,928	$6,277	$6,651	$187,873	$93,306
Y21Year 21	$12,928	$6,723	$6,206	$194,079	$86,583
Y22Year 22	$12,928	$7,200	$5,729	$199,808	$79,384
Y23Year 23	$12,928	$7,711	$5,218	$205,025	$71,673
Y24Year 24	$12,928	$8,258	$4,671	$209,696	$63,415
Y25Year 25	$12,928	$8,844	$4,085	$213,780	$54,571
Y26Year 26	$12,928	$9,471	$3,457	$217,237	$45,100
Y27Year 27	$12,928	$10,143	$2,785	$220,022	$34,957
Y28Year 28	$12,928	$10,863	$2,065	$222,088	$24,093
Y29Year 29	$12,928	$11,634	$1,294	$223,382	$12,460
Y30Year 30	$12,928	$12,460	$469	$223,851	$0

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Louisiana context

Homestead exemption shields the first $75k of assessed value from most property taxes. Hurricane and flood insurance materially affect escrow.

Louisiana — related

Louisiana income tax

Top marginal 3.00% · Flat rate

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Compare scenarios

Up to three mortgage scenarios side-by-side with a differential row.

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National 30-year fixed

Same calculator with cross-state defaults; manually pick any state.

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Last updated 2026-05-13