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Mortgage Calculator &
Closing Costs: Hattiesburg, MS

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Hattiesburg, Mississippi.

Median Home Price
$175K
Population
49K
Avg Monthly Rent
$950
Property Tax Rate
0.8%
Hattiesburg vs Mississippi Median
The median home price in Hattiesburg is $175,000, which is roughly in line with the Mississippi state median of $175,000.

Mortgage Calculator — Hattiesburg, MS

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

$
$35,000
%
%
years
MS avg
%
$
Monthly Payment (PITI)
$1,202
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$885
per month
Taxes & Insurance
$317
per month
Total Interest Paid
$179K
over 30 years
Total Loan Cost
$319K
all payments
Payment Breakdown
Loan Amount$140,000
Principal & Interest$885
Property Taxes$117
Homeowners Insurance$200
Total Monthly PITI$1,202

Closing Costs — Hattiesburg, MS

Estimated closing costs based on Mississippi rates and fees applied to Hattiesburg prices.

$
%
Mississippi: Avg closing costs 1.4% of price. Transfer tax: 0%.
Estimated Closing Costs
$7,931
4.5% of purchase price
Lender Fees
$1,685
origination, underwriting
Third-Party
$2,325
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$3,921
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,260
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,175
Recording Fee$150
Prepaid Taxes (3 mo)$350
Prepaid Insurance (12 mo)$2,400
Prepaid Interest (15 days)$421
Escrow Reserves$750
Total Closing Costs$7,931

Buying a Home in Hattiesburg, Mississippi

The median home price in Hattiesburg is $175,000, roughly in line with the Mississippi state median of $175,000. With a population of 48,602, Hattiesburg is a smaller market where home prices reflect strong demand and local economic factors.

Property taxes in Mississippi average 0.8% annually. This moderate property tax rate means a $175,000 home in Hattiesburg would carry roughly $117/month in property taxes. Homeowners insurance in Mississippi runs approximately $2,400 per year. This is within the normal range nationally.

Average rent in Hattiesburg is $950/month. The price-to-rent ratio in Hattiesburg is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Hattiesburg offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Mississippi's MHC Smart Solution program.

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