Ohio mortgage calculator

30-year fixed mortgage calculator with Ohio-specific defaults. Median home price $235,000 · property tax effective rate 1.53%. 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$47,000

Interest rate30-yr avg: 6.875%

Loan term

Taxes & insurance

(optional, but realistic)

State

Ohio

State pre-set for this page. Switch state

Property tax rate

~$300 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 $78/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 $235,000 home, 20% down, 6.875% APR, 30-year fixed in Ohio.

Where your payment goes

Principal & interest$1,235

Property tax$300

Homeowner insurance$145

PMI$78

Loan amount

$188,000

Total interest

$256,609

Total paid

$444,609

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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	$14,820	$1,956	$12,864	$12,864	$186,044
Y02Year 2	$14,820	$2,095	$12,725	$25,589	$183,949
Y03Year 3	$14,820	$2,244	$12,577	$38,166	$181,705
Y04Year 4	$14,820	$2,403	$12,417	$50,584	$179,302
Y05Year 5	$14,820	$2,573	$12,247	$62,830	$176,729
Y06Year 6	$14,820	$2,756	$12,064	$74,895	$173,973
Y07Year 7	$14,820	$2,952	$11,869	$86,764	$171,021
Y08Year 8	$14,820	$3,161	$11,659	$98,423	$167,860
Y09Year 9	$14,820	$3,385	$11,435	$109,858	$164,475
Y10Year 10	$14,820	$3,625	$11,195	$121,053	$160,850
Y11Year 11	$14,820	$3,883	$10,938	$131,990	$156,967
Y12Year 12	$14,820	$4,158	$10,662	$142,653	$152,809
Y13Year 13	$14,820	$4,453	$10,367	$153,020	$148,355
Y14Year 14	$14,820	$4,769	$10,051	$163,071	$143,586
Y15Year 15	$14,820	$5,108	$9,713	$172,783	$138,478
Y16Year 16	$14,820	$5,470	$9,350	$182,133	$133,008
Y17Year 17	$14,820	$5,858	$8,962	$191,095	$127,150
Y18Year 18	$14,820	$6,274	$8,546	$199,642	$120,876
Y19Year 19	$14,820	$6,719	$8,101	$207,743	$114,157
Y20Year 20	$14,820	$7,196	$7,624	$215,367	$106,961
Y21Year 21	$14,820	$7,707	$7,114	$222,481	$99,254
Y22Year 22	$14,820	$8,253	$6,567	$229,048	$91,001
Y23Year 23	$14,820	$8,839	$5,981	$235,029	$82,162
Y24Year 24	$14,820	$9,466	$5,354	$240,383	$72,695
Y25Year 25	$14,820	$10,138	$4,682	$245,065	$62,557
Y26Year 26	$14,820	$10,857	$3,963	$249,028	$51,700
Y27Year 27	$14,820	$11,628	$3,193	$252,221	$40,072
Y28Year 28	$14,820	$12,453	$2,367	$254,588	$27,619
Y29Year 29	$14,820	$13,337	$1,484	$256,072	$14,283
Y30Year 30	$14,820	$14,283	$537	$256,609	$0

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Ohio — related

Ohio income tax

Top marginal 3.50% · 2 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