CALCMONEY // MORTGAGE // AK // KENAI
Calculate your monthly mortgage payment using Kenai-specific property tax rates and local market data.
$278,000
7%
1.05%
113
| Principal & Interest | $1,480 |
| Property Tax | $243 |
| Homeowners Insurance (est.) | $93 |
| Total Monthly Payment (PITI) | $1,816 |
$55,600
$310,268
$77,809/yr
$278,000 buys the median home in Kenai right now. With 20% down, that's a $55,600 down payment and a $222,400 loan, set against a $63,000 median household income.
Property taxes in Kenai run 1.05% of assessed value, below the 1.1% national average. On the median home, that's $2,919 a year, or $243 added to the monthly payment.
No state income tax in Alaska means the $63,000 median household income stretches further than the same salary would in an income-tax state, which matters directly against a $1,816/month payment.
Day-to-day expenses in Kenai track at 113 against the national 100 baseline, above average once you look past the mortgage payment itself.
Kenai's median home price runs 33% lower than nearby Anchorage: $415,000 there versus $278,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $222,400 loan saves $10,008 in interest over 30 years.
Compare Top Kenai Mortgage Lenders