Mortgage payment estimates, closing cost breakdowns, and homebuying data for Loveland, Colorado.
Median Home Price
$475K
Population
76K
Avg Monthly Rent
$1,550
Property Tax Rate
0.51% *
* Property tax shown is the Colorado state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Loveland.
Loveland vs Colorado Median
The median home price in Loveland is $475,000, which is 9% below the Colorado state median of $520,000.
Mortgage Calculator — Loveland, CO
Pre-filled with Loveland median home price and Colorado tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $475K home using Colorado's 0.51% tax rate and $3,200/yr insurance.
5% Down
$3,584/mo
Down: $23,750
Loan: $451K
P&I: $2,852
Tax: $202
Insurance: $267
PMI: $263
10% Down
$3,420/mo
Down: $47,500
Loan: $428K
P&I: $2,702
Tax: $202
Insurance: $267
PMI: $249
20% Down (No PMI)
$2,870/mo
Down: $95,000
Loan: $380K
P&I: $2,402
Tax: $202
Insurance: $267
Income needed (28% rule): $123K/year with 20% down, $147K/year with 10% down.
Rent vs Buy in Loveland
Rent
$1,550/mo
vs
Buy (10% down)
$3,420/mo
Price-to-rent ratio: 25.5 — At a ratio above 20, renting may be more economical in Loveland for shorter stays. Buying costs $1,870 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Loveland is $475,000, 9% below the Colorado state median of $520,000. With a population of 76,378, Loveland is a smaller market where home prices tend to be more accessible than in many parts of Colorado.
Property taxes in Colorado average 0.51% annually. This low property tax rate is a significant advantage for Loveland buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Colorado runs approximately $3,200 per year. Insurance costs are notably high — factor this into your monthly budget.
Average rent in Loveland is $1,550/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.
Loveland is a higher-cost market. At $475K median, buyers need significant savings or strong income. Down payment assistance through Colorado's CHFA Down Payment Assistance program becomes especially important.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Loveland.