CALCMONEY // MORTGAGE // MA // QUINCY
Calculate your monthly mortgage payment using Quincy-specific property tax rates and local market data.
$498,000
6.7%
1.12%
149
| Principal & Interest | $2,571 |
| Property Tax | $465 |
| Homeowners Insurance (est.) | $166 |
| Total Monthly Payment (PITI) | $3,202 |
$99,600
$527,083
$137,211/yr
$498,000 buys the median home in Quincy right now. With 20% down, that's a $99,600 down payment and a $398,400 loan, set against a $72,100 median household income.
Quincy's 1.12% property tax rate runs above the 1.1% national average. That's $465/month on the median home here, not a rounding error against the mortgage payment.
Unlike the nine no-income-tax states, Massachusetts taxes wage income. Worth running your actual take-home pay against the $3,202/month payment here before locking in a target price.
Day-to-day expenses in Quincy track at 149 against the national 100 baseline, above average once you look past the mortgage payment itself.
Quincy's median home price runs 34% lower than nearby Boston: $750,000 there versus $498,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $398,400 loan saves $17,928 in interest over 30 years.
Compare Top Quincy Mortgage LendersBoston
$750,000 median
MAWorcester
$360,000 median
MASpringfield
$235,000 median
MALowell
$390,000 median