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Mortgage Calculator &
Closing Costs: Sitka, AK

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Sitka, Alaska.

Median Home Price
$390K
Population
8K
Avg Monthly Rent
$1,420
Property Tax Rate
1.19%
Sitka vs Alaska Median
The median home price in Sitka is $390,000, which is 11% above the Alaska state median of $350,000.

Mortgage Calculator — Sitka, AK

Pre-filled with Sitka median home price and Alaska tax/insurance rates. Adjust for your property.

$
$78,000
%
%
years
AK avg
%
$
Monthly Payment (PITI)
$2,476
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,972
per month
Taxes & Insurance
$504
per month
Total Interest Paid
$398K
over 30 years
Total Loan Cost
$710K
all payments
Payment Breakdown
Loan Amount$312,000
Principal & Interest$1,972
Property Taxes$387
Homeowners Insurance$117
Total Monthly PITI$2,476

Closing Costs — Sitka, AK

Estimated closing costs based on Alaska rates and fees applied to Sitka prices.

$
%
Alaska: Avg closing costs 1.8% of price. Transfer tax: 0%.
Estimated Closing Costs
$11,524
3.0% of purchase price
Lender Fees
$3,233
origination, underwriting
Third-Party
$3,400
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$4,891
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,808
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$2,250
Recording Fee$150
Prepaid Taxes (3 mo)$1,160
Prepaid Insurance (12 mo)$1,400
Prepaid Interest (15 days)$938
Escrow Reserves$1,394
Total Closing Costs$11,524

Buying a Home in Sitka, Alaska

The median home price in Sitka is $390,000, 11% above the Alaska state median of $350,000. With a population of 8,458, Sitka is a smaller market where home prices reflect strong demand and local economic factors.

Property taxes in Alaska average 1.19% annually. This moderate property tax rate means a $390,000 home in Sitka would carry roughly $387/month in property taxes. Homeowners insurance in Alaska runs approximately $1,400 per year. This is within the normal range nationally.

Average rent in Sitka is $1,420/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.

Sitka presents moderate affordability. The $390K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.

Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Sitka.
Rent vs Buy Calculator →
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