CALCMONEY // MORTGAGE // KY
Calculate your monthly mortgage payment using Kentucky-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$200,000
6.95%
0.86%
4% flat
How today's 6.95% rate compares to recent years
| Period | 30-Yr Rate | vs. Today |
|---|---|---|
| 2026 (current) | 6.95% | — |
| 2024 avg | 7.37% | -0.42% |
| 2023 avg | 7.80% | -0.85% |
| 2022 peak | 7.63% | -0.68% |
| 2021 avg | 3.55% | +3.40% |
| 2020 avg | 3.35% | +3.60% |
Rate estimates based on Freddie Mac Primary Mortgage Market Survey national averages adjusted for Kentucky market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $1,059 |
| Property Tax | $143 |
| Homeowners Insurance (est.) | $67 |
| Total Monthly Payment (PITI) | $1,269 |
$40,000
$221,282
$54,391/yr
$200,000 is the median home price across Kentucky, set against a $55,600 median household income for a 3.6x price-to-income ratio, 52% below the national median price.
Property taxes in Kentucky average 0.86% of assessed value, below the 1.1% national average. On the median home, that's $1,720 a year, or $143 added to the monthly payment.
Unlike the nine no-income-tax states, Kentucky taxes wage income at 4% flat. Worth running your actual take-home pay against the $1,269/month payment here before locking in a target price.
Day-to-day expenses statewide track at 89 against the national 100 baseline, below average once you look past the mortgage payment itself.
Kentucky's median home price runs almost identical to Oklahoma, both landing close to $200,000.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $160,000 loan saves $7,200 in interest over 30 years.
Compare Top Kentucky Mortgage Lenders