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Mortgage Calculator &
Closing Costs: Kenner, LA

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Kenner, Louisiana.

Median Home Price
$215K
Population
67K
Avg Monthly Rent
$1,080
Property Tax Rate
0.55% *
* Property tax shown is the Louisiana state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Kenner.
Kenner vs Louisiana Median
The median home price in Kenner is $215,000, which is 10% above the Louisiana state median of $195,000.

Mortgage Calculator — Kenner, LA

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

$
$43,000
%
%
years
LA avg
%
$
Monthly Payment (PITI)
$1,478
Principal + Interest + Tax + Insurance + PMI
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Principal & Interest
$1,087
per month
Taxes & Insurance
$391
per month
Total Interest Paid
$219K
over 30 years
Total Loan Cost
$391K
all payments
Payment Breakdown
Loan Amount$172,000
Principal & Interest$1,087
Property Taxes$99
Homeowners Insurance$292
Total Monthly PITI$1,478

Closing Costs — Kenner, LA

Estimated closing costs based on Louisiana rates and fees applied to Kenner prices.

$
%
Louisiana: Avg closing costs 1.6% of price. Transfer tax: 0%.
Estimated Closing Costs
$9,689
4.5% of purchase price
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Lender Fees
$1,973
origination, underwriting
Third-Party
$2,525
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$5,191
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,548
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,375
Recording Fee$150
Prepaid Taxes (3 mo)$296
Prepaid Insurance (12 mo)$3,500
Prepaid Interest (15 days)$517
Escrow Reserves$879
Total Closing Costs$9,689

Monthly Payment Scenarios — Kenner

Three down payment scenarios for a $215K home using Louisiana's 0.55% tax rate and $3,500/yr insurance.

5% Down
$1,800/mo
Down: $10,750
Loan: $204K
P&I: $1,291
Tax: $99
Insurance: $292
PMI: $119
10% Down
$1,726/mo
Down: $21,500
Loan: $194K
P&I: $1,223
Tax: $99
Insurance: $292
PMI: $113
20% Down (No PMI)
$1,477/mo
Down: $43,000
Loan: $172K
P&I: $1,087
Tax: $99
Insurance: $292

Income needed (28% rule): $63K/year with 20% down, $74K/year with 10% down.

Rent vs Buy in Kenner

Rent
$1,080/mo
vs
Buy (10% down)
$1,726/mo
Price-to-rent ratio: 16.6A ratio between 15-20 means the rent vs buy decision in Kenner depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.

Run a detailed Rent vs Buy analysis →

Buying a Home in Kenner, Louisiana

The median home price in Kenner is $215,000, 10% above the Louisiana state median of $195,000. With a population of 66,702, Kenner is a smaller market where home prices reflect strong demand and local economic factors.

Property taxes in Louisiana average 0.55% annually. This low property tax rate is a significant advantage for Kenner buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Louisiana runs approximately $3,500 per year. Insurance costs are notably high — factor this into your monthly budget.

Average rent in Kenner is $1,080/month. The price-to-rent ratio in Kenner is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Kenner offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Louisiana's LHC Mortgage Revenue Bond program.

Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Kenner.
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