CALCMONEY // MORTGAGE // MS // GULFPORT
Calculate your monthly mortgage payment using Gulfport-specific property tax rates and local market data.
$195,000
6.95%
0.58%
84
| Principal & Interest | $1,033 |
| Property Tax | $94 |
| Homeowners Insurance (est.) | $65 |
| Total Monthly Payment (PITI) | $1,192 |
$39,000
$215,750
$51,081/yr
Gulfport's median home price sits at $195,000, 54% below the $420,000 national median. On a $50,000 median household income, that puts the price-to-income ratio at 3.9x, or 3.9 years of gross pay for the purchase price alone.
Factor in $94/month for property tax in Gulfport, based on the area's 0.58% effective rate applied to the median home price. That's $1,131 annually.
Mississippi levies a state income tax on top of the $1,192/month this mortgage runs. Model your real after-tax take-home before deciding how much payment you can carry.
Gulfport's cost of living index is 84, below the 100 national baseline. That's on top of the housing numbers above, not instead of them.
Gulfport's median home price runs 34% higher than nearby Jackson: $145,000 there versus $195,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $156,000 loan saves $7,020 in interest over 30 years.
Compare Top Gulfport Mortgage LendersJackson
$145,000 median
MSSouthaven
$225,000 median
MSHattiesburg
$180,000 median
MSBiloxi
$215,000 median