North Carolina mortgage calculator

30-year fixed mortgage calculator with North Carolina-specific defaults. Median home price $340,000 · property tax effective rate 0.78%. 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$68,000

Interest rate30-yr avg: 6.875%

Loan term

Taxes & insurance

(optional, but realistic)

State

North Carolina

State pre-set for this page. Switch state

Property tax rate

~$221 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 $113/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 $340,000 home, 20% down, 6.875% APR, 30-year fixed in North Carolina.

Where your payment goes

Principal & interest$1,787

Property tax$221

Homeowner insurance$145

PMI$113

Loan amount

$272,000

Total interest

$371,265

Total paid

$643,265

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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	$21,442	$2,830	$18,612	$18,612	$269,170
Y02Year 2	$21,442	$3,031	$18,411	$37,023	$266,139
Y03Year 3	$21,442	$3,246	$18,196	$55,219	$262,893
Y04Year 4	$21,442	$3,476	$17,966	$73,185	$259,416
Y05Year 5	$21,442	$3,723	$17,719	$90,904	$255,693
Y06Year 6	$21,442	$3,987	$17,455	$108,358	$251,706
Y07Year 7	$21,442	$4,270	$17,172	$125,530	$247,435
Y08Year 8	$21,442	$4,573	$16,869	$142,399	$242,862
Y09Year 9	$21,442	$4,898	$16,544	$158,944	$237,964
Y10Year 10	$21,442	$5,245	$16,197	$175,140	$232,719
Y11Year 11	$21,442	$5,618	$15,825	$190,965	$227,101
Y12Year 12	$21,442	$6,016	$15,426	$206,391	$221,085
Y13Year 13	$21,442	$6,443	$14,999	$221,390	$214,642
Y14Year 14	$21,442	$6,900	$14,542	$235,932	$207,742
Y15Year 15	$21,442	$7,390	$14,052	$249,984	$200,352
Y16Year 16	$21,442	$7,914	$13,528	$263,512	$192,438
Y17Year 17	$21,442	$8,476	$12,966	$276,478	$183,962
Y18Year 18	$21,442	$9,077	$12,365	$288,843	$174,884
Y19Year 19	$21,442	$9,721	$11,721	$300,564	$165,163
Y20Year 20	$21,442	$10,411	$11,031	$311,595	$154,752
Y21Year 21	$21,442	$11,150	$10,292	$321,887	$143,602
Y22Year 22	$21,442	$11,941	$9,501	$331,388	$131,661
Y23Year 23	$21,442	$12,788	$8,654	$340,042	$118,872
Y24Year 24	$21,442	$13,696	$7,746	$347,788	$105,176
Y25Year 25	$21,442	$14,668	$6,774	$354,563	$90,509
Y26Year 26	$21,442	$15,709	$5,734	$360,296	$74,800
Y27Year 27	$21,442	$16,823	$4,619	$364,915	$57,977
Y28Year 28	$21,442	$18,017	$3,425	$368,340	$39,960
Y29Year 29	$21,442	$19,295	$2,147	$370,487	$20,665
Y30Year 30	$21,442	$20,665	$778	$371,265	$0

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North Carolina — related

North Carolina income tax

Top marginal 4.25% · 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