New York mortgage calculator

30-year fixed mortgage calculator with New York-specific defaults. Median home price $465,000 · property tax effective rate 1.40%. 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$93,000

Interest rate30-yr avg: 6.875%

Loan term

Taxes & insurance

(optional, but realistic)

State

New York

State pre-set for this page. Switch state

Property tax rate

~$542 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 $155/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 $465,000 home, 20% down, 6.875% APR, 30-year fixed in New York.

Where your payment goes

Principal & interest$2,444

Property tax$542

Homeowner insurance$145

PMI$155

Loan amount

$372,000

Total interest

$507,759

Total paid

$879,759

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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	$29,325	$3,871	$25,455	$25,455	$368,129
Y02Year 2	$29,325	$4,145	$25,180	$50,634	$363,984
Y03Year 3	$29,325	$4,440	$24,886	$75,520	$359,544
Y04Year 4	$29,325	$4,755	$24,571	$100,091	$354,790
Y05Year 5	$29,325	$5,092	$24,233	$124,324	$349,698
Y06Year 6	$29,325	$5,453	$23,872	$148,196	$344,244
Y07Year 7	$29,325	$5,840	$23,485	$171,681	$338,404
Y08Year 8	$29,325	$6,255	$23,071	$194,752	$332,149
Y09Year 9	$29,325	$6,698	$22,627	$217,379	$325,451
Y10Year 10	$29,325	$7,174	$22,152	$239,530	$318,277
Y11Year 11	$29,325	$7,683	$21,642	$261,173	$310,594
Y12Year 12	$29,325	$8,228	$21,097	$282,270	$302,366
Y13Year 13	$29,325	$8,812	$20,513	$302,783	$293,554
Y14Year 14	$29,325	$9,437	$19,888	$322,672	$284,117
Y15Year 15	$29,325	$10,107	$19,219	$341,890	$274,011
Y16Year 16	$29,325	$10,824	$18,501	$360,391	$263,187
Y17Year 17	$29,325	$11,592	$17,733	$378,125	$251,595
Y18Year 18	$29,325	$12,415	$16,911	$395,036	$239,180
Y19Year 19	$29,325	$13,295	$16,030	$411,065	$225,885
Y20Year 20	$29,325	$14,239	$15,086	$426,152	$211,646
Y21Year 21	$29,325	$15,249	$14,076	$440,228	$196,397
Y22Year 22	$29,325	$16,331	$12,994	$453,222	$180,065
Y23Year 23	$29,325	$17,490	$11,835	$465,057	$162,575
Y24Year 24	$29,325	$18,731	$10,594	$475,651	$143,844
Y25Year 25	$29,325	$20,060	$9,265	$484,916	$123,784
Y26Year 26	$29,325	$21,484	$7,842	$492,758	$102,300
Y27Year 27	$29,325	$23,008	$6,317	$499,075	$79,292
Y28Year 28	$29,325	$24,641	$4,684	$503,760	$54,651
Y29Year 29	$29,325	$26,389	$2,936	$506,696	$28,262
Y30Year 30	$29,325	$28,262	$1,063	$507,759	$0

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New York context

Statewide median masks wide variance: NYC and surrounding counties materially exceed it. NYC residents also pay city income tax (up to 3.876%) and the mortgage recording tax (1.8-2.175%).

New York — related

New York income tax

Top marginal 10.90% · 9 brackets

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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