Home
/
Loans
/
Mortgage Calculator
/
Missouri

Missouri Mortgage Calculator (2026)

Calculate your monthly mortgage payment in Missouri including principal, interest, and Missouri's average property tax rate of 1.01%.

Missouri Property Tax Note: Missouri has a moderate average property tax rate of 1.01%. Missouri property taxes vary significantly by county and city — Jackson County (Kansas City) and St. Louis County tend to have higher rates. Missouri offers a Senior Property Tax Credit (Circuit Breaker) that provides direct credit to lower-income seniors for property taxes paid.

Your Mortgage Details

Home Price

Down Payment

Annual Interest Rate

Loan Term

Property Tax Rate

Missouri average: 1.01%

Annual Homeowners Insurance

Results update automatically

Missouri Monthly Payment

Estimated

Loading your results…

Results update automatically as you change values

Median Missouri home ($240,000) — 20% down — 7% rate — 30yr

Component	Monthly	Annual
Principal & Interest	$1,277.38	$15,329
Property Tax (1.01%)	$202.00	$2,424
Homeowners Insurance	$150.00	$1,800
Total PITI	$1,629.38	$19,553

Total interest over 30yr: $267,857. PMI not included.

Monthly property tax on a $400,000 home by state

State	Avg Rate	Monthly/$400k
Alabama	0.41%	$136.67
Alaska	1.04%	$346.67
Arizona	0.62%	$206.67
Arkansas	0.62%	$206.67
California	0.76%	$253.33
Colorado	0.51%	$170.00
Connecticut	1.79%	$596.67
Delaware	0.57%	$190.00
Florida	0.89%	$296.67
Georgia	0.92%	$306.67
Hawaii	0.29%	$96.67
Idaho	0.69%	$230.00
Illinois	2.23%	$743.33
Indiana	0.85%	$283.33
Iowa	1.57%	$523.33
Kansas	1.41%	$470.00
Kentucky	0.86%	$286.67
Louisiana	0.55%	$183.33
Maine	1.09%	$363.33
Maryland	1.09%	$363.33
Massachusetts	1.14%	$380.00
Michigan	1.54%	$513.33
Minnesota	1.12%	$373.33
Mississippi	0.81%	$270.00
Missouri ★	1.01%	$336.67
Montana	0.84%	$280.00
Nebraska	1.73%	$576.67
Nevada	0.55%	$183.33
New Hampshire	1.93%	$643.33
New Jersey	2.23%	$743.33
New Mexico	0.80%	$266.67
New York	1.72%	$573.33
North Carolina	0.80%	$266.67
North Dakota	0.98%	$326.67
Ohio	1.53%	$510.00
Oklahoma	0.88%	$293.33
Oregon	0.87%	$290.00
Pennsylvania	1.49%	$496.67
Rhode Island	1.53%	$510.00
South Carolina	0.57%	$190.00
South Dakota	1.22%	$406.67
Tennessee	0.67%	$223.33
Texas	1.60%	$533.33
Utah	0.52%	$173.33
Vermont	1.83%	$610.00
Virginia	0.87%	$290.00
Washington	0.98%	$326.67
Washington DC	0.55%	$183.33
West Virginia	0.59%	$196.67
Wisconsin	1.76%	$586.67
Wyoming	0.61%	$203.33

Missouri has a moderate average property tax rate of 1.01%. Missouri property taxes vary significantly by county and city — Jackson County (Kansas City) and St. Louis County tend to have higher rates. Missouri offers a Senior Property Tax Credit (Circuit Breaker) that provides direct credit to lower-income seniors for property taxes paid.

Median home price: $240,000. Average property tax: 1.01%. Cost of living index: 90 (US avg = 100).

What is the average property tax rate in Missouri?

The average effective property tax rate in Missouri is 1.01%. This means on a $240,000 home, you would pay approximately $2,424/year ($202.00/month) in property taxes. Note that actual property taxes are based on the county-assessed value, which may differ from the purchase price, and individual rates vary by county.

How much do I need to earn to afford a home in Missouri?

At the Missouri median home price of $240,000 with 20% down and a 7% rate, total monthly housing costs (PITI) are approximately $1,629.38. Using the 28% housing-to-income rule, you would need a gross monthly income of about $5,819.22, or $69,831/year. With less down payment or higher home price, the required income increases.

Is Missouri a community property state?

Missouri is a common law (equitable distribution) state. Spouses can own property separately, and lenders typically evaluate only the borrower(s) named on the mortgage application.

Should I get a 15-year or 30-year mortgage?

A 30-year mortgage has lower monthly payments but you pay significantly more interest over time. For example, on a $192,000 loan at 7%, monthly P&I is $1,277.38 (30yr) vs. $1,725.75 (15yr). Choose 30-year if cash flow is tight; choose 15-year if you can comfortably afford the higher payment.

What other costs should I budget for when buying in Missouri?

Beyond the mortgage payment, budget for: (1) Closing costs — typically 2–5% of the loan amount at purchase; (2) Home inspection — $300–$600; (3) Property taxes — $2,424/year at Missouri average rates on a $240,000 home; (4) Homeowners insurance — $1,200–$2,400/year; (5) HOA fees if applicable; (6) Maintenance reserve — budget 1–2% of home value annually.

View for a specific state:

AL Alabama AK Alaska AZ Arizona AR Arkansas CA California CO Colorado CT Connecticut DE Delaware FL Florida GA Georgia HI Hawaii ID Idaho IL Illinois IN Indiana IA Iowa KS Kansas KY Kentucky LA Louisiana ME Maine MD Maryland MA Massachusetts MI Michigan MN Minnesota MS Mississippi MO Missouri MT Montana NE Nebraska NV Nevada NH New Hampshire NJ New Jersey NM New Mexico NY New York NC North Carolina ND North Dakota OH Ohio OK Oklahoma OR Oregon PA Pennsylvania RI Rhode Island SC South Carolina SD South Dakota TN Tennessee TX Texas UT Utah VT Vermont VA Virginia WA Washington DC Washington DC WV West Virginia WI Wisconsin WY Wyoming All 50 states

Accuracy & Methodology

Our calculators use current US tax rates and standard financial formulas. Results are estimates intended for planning purposes and do not constitute financial advice. Learn about our methodology ›

Missouri Housing Facts

Median Home Price$240,000
Avg Property Tax1.01%
Cost of Living90 (US=100)

Related Tools

Salary After Tax Calculator
Mortgage Affordability Calculator
Budget Calculator