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Mortgage Calculator &
Closing Costs: Bowling Green, KY

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Bowling Green, Kentucky.

Median Home Price
$235K
Population
75K
Avg Monthly Rent
$1,050
Property Tax Rate
0.83%
Bowling Green vs Kentucky Median
The median home price in Bowling Green is $235,000, which is 12% above the Kentucky state median of $210,000.

Mortgage Calculator — Bowling Green, KY

Pre-filled with Bowling Green median home price and Kentucky tax/insurance rates. Adjust for your property.

$
$47,000
%
%
years
KY avg
%
$
Monthly Payment (PITI)
$1,551
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,188
per month
Taxes & Insurance
$363
per month
Total Interest Paid
$240K
over 30 years
Total Loan Cost
$428K
all payments
Payment Breakdown
Loan Amount$188,000
Principal & Interest$1,188
Property Taxes$163
Homeowners Insurance$200
Total Monthly PITI$1,551

Closing Costs — Bowling Green, KY

Estimated closing costs based on Kentucky rates and fees applied to Bowling Green prices.

$
%
Kentucky: Avg closing costs 1.4% of price. Transfer tax: 0.1%.
Estimated Closing Costs
$9,317
4.0% of purchase price
Lender Fees
$2,117
origination, underwriting
Third-Party
$2,625
appraisal, title, inspection
Government Fees
$235
transfer taxes, recording
Prepaids + Escrow
$4,340
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,692
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,475
Recording Fee$150
Transfer Tax$235
Prepaid Taxes (3 mo)$488
Prepaid Insurance (12 mo)$2,400
Prepaid Interest (15 days)$565
Escrow Reserves$888
Total Closing Costs$9,317

Buying a Home in Bowling Green, Kentucky

The median home price in Bowling Green is $235,000, 12% above the Kentucky state median of $210,000. With a population of 74,735, Bowling Green is a smaller market where home prices reflect strong demand and local economic factors.

Property taxes in Kentucky average 0.83% annually. This moderate property tax rate means a $235,000 home in Bowling Green would carry roughly $163/month in property taxes. Homeowners insurance in Kentucky runs approximately $2,400 per year. This is within the normal range nationally.

Average rent in Bowling Green is $1,050/month. The price-to-rent ratio in Bowling Green is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Bowling Green offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Kentucky's KHC Regular DAP program.

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