CALCMONEY // MORTGAGE // ID // BOISE
Calculate your monthly mortgage payment using Boise-specific property tax rates and local market data.
$450,000
6.9%
0.69%
104
| Principal & Interest | $2,371 |
| Property Tax | $259 |
| Homeowners Insurance (est.) | $150 |
| Total Monthly Payment (PITI) | $2,780 |
$90,000
$493,546
$119,130/yr
Home prices in Boise run 7% above the national median: $450,000 versus $420,000. Relative to the $72,000 median household income here, the price-to-income ratio comes out to 6.3x.
Boise's 0.69% property tax rate runs below the 1.1% national average. That's $259/month on the median home here, not a rounding error against the mortgage payment.
Unlike the nine no-income-tax states, Idaho taxes wage income. Worth running your actual take-home pay against the $2,780/month payment here before locking in a target price.
Day-to-day expenses in Boise track at 104 against the national 100 baseline, above average once you look past the mortgage payment itself.
Boise's median home price runs 6% lower than nearby Meridian: $480,000 there versus $450,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $360,000 loan saves $16,200 in interest over 30 years.
Compare Top Boise Mortgage LendersMeridian
$480,000 median
IDNampa
$380,000 median
IDIdaho Falls
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IDPocatello
$270,000 median
Neighborhood-level data for 3 ZIP codes in Boise. Rates, home prices, and estimated payments vary by area.