CALCMONEY // MORTGAGE // MO // ST. LOUIS
Calculate your monthly mortgage payment using St. Louis-specific property tax rates and local market data.
$185,000
6.95%
1.35%
87
| Principal & Interest | $980 |
| Property Tax | $208 |
| Homeowners Insurance (est.) | $62 |
| Total Monthly Payment (PITI) | $1,249 |
$37,000
$204,686
$53,549/yr
$185,000 buys the median home in St. Louis right now. With 20% down, that's a $37,000 down payment and a $148,000 loan, set against a $52,000 median household income.
Property taxes in St. Louis run 1.35% of assessed value, above the 1.1% national average. On the median home, that's $2,498 a year, or $208 added to the monthly payment.
Missouri levies a state income tax on top of the $1,249/month this mortgage runs. Model your real after-tax take-home before deciding how much payment you can carry.
St. Louis's cost of living index is 87, below the 100 national baseline. That's on top of the housing numbers above, not instead of them.
St. Louis's median home price runs 27% lower than nearby Kansas City: $255,000 there versus $185,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $148,000 loan saves $6,660 in interest over 30 years.
Compare Top St. Louis Mortgage LendersKansas City
$255,000 median
MOSpringfield
$195,000 median
MOColumbia
$245,000 median
MOClayton
$950,000 median