Louisiana Mortgage Calculator
Estimate your monthly mortgage payment in Louisiana based on the state median home price of $195K, a 0.55% property tax rate, and $4K/year homeowners insurance.
$39,000
LA avg
Principal & Interest
$986
per month
Taxes & Insurance
$381
per month
Total Interest Paid
$199K
over 30 years
Total Loan Cost
$355K
all payments
Payment Breakdown
Loan Amount$156,000
Principal & Interest$986
Property Taxes$89
Homeowners Insurance$292
Total Monthly PITI$1,367
Louisiana Housing at a Glance
Median Home Price
$195K
Louisiana statewide
Property Tax Rate
0.55%
$89/mo on median
Avg Closing Costs
$3K
1.6% of purchase price
Homeowners Insurance
$3,500/yr
$292/mo
Louisiana First-Time Buyer Program
LHC Resilience Soft Second
Down payment assistance: Up to $55,000 forgivable