Mortgage Calculator & Closing Costs: New Braunfels, TX
Mortgage payment estimates, closing cost breakdowns, and homebuying data for New Braunfels, Texas.
Median Home Price
$365K
Population
99K
Avg Monthly Rent
$1,480
Property Tax Rate
1.8% *
* Property tax shown is the Texas state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in New Braunfels.
New Braunfels vs Texas Median
The median home price in New Braunfels is $365,000, which is 18% above the Texas state median of $310,000.
Mortgage Calculator — New Braunfels, TX
Pre-filled with New Braunfels median home price and Texas tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $365K home using Texas's 1.8% tax rate and $3,800/yr insurance.
5% Down
$3,258/mo
Down: $18,250
Loan: $347K
P&I: $2,192
Tax: $548
Insurance: $317
PMI: $202
10% Down
$3,132/mo
Down: $36,500
Loan: $329K
P&I: $2,076
Tax: $548
Insurance: $317
PMI: $192
20% Down (No PMI)
$2,710/mo
Down: $73,000
Loan: $292K
P&I: $1,846
Tax: $548
Insurance: $317
Income needed (28% rule): $116K/year with 20% down, $134K/year with 10% down.
Rent vs Buy in New Braunfels
Rent
$1,480/mo
vs
Buy (10% down)
$3,132/mo
Price-to-rent ratio: 20.6 — At a ratio above 20, renting may be more economical in New Braunfels for shorter stays. Buying costs $1,652 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 New Braunfels is $365,000, 18% above the Texas state median of $310,000. With a population of 98,857, New Braunfels is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Texas average 1.8% annually. This higher-than-average tax rate means a $365,000 home in New Braunfels would carry roughly $548/month in property taxes alone — plan accordingly. Homeowners insurance in Texas runs approximately $3,800 per year. Insurance costs are notably high — factor this into your monthly budget.
Average rent in New Braunfels is $1,480/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.
New Braunfels presents moderate affordability. The $365K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in New Braunfels.