CALCMONEY // MORTGAGE // OH // DAYTON
Calculate your monthly mortgage payment using Dayton-specific property tax rates and local market data.
$165,000
6.9%
1.75%
80
| Principal & Interest | $869 |
| Property Tax | $241 |
| Homeowners Insurance (est.) | $55 |
| Total Monthly Payment (PITI) | $1,165 |
$33,000
$180,967
$49,928/yr
Dayton homebuyers are working with a $165,000 median price point, 61% below the national figure. Against the $45,000 median household income in the area, that's a 3.7x multiple.
At a 1.75% effective rate, Dayton property taxes add $241 to the monthly payment on the median home, $2,888 a year in total.
Ohio levies a state income tax on top of the $1,165/month this mortgage runs. Model your real after-tax take-home before deciding how much payment you can carry.
Dayton's cost of living index is 80, below the 100 national baseline. That's on top of the housing numbers above, not instead of them.
Dayton's median home price runs 38% lower than nearby Columbus: $265,000 there versus $165,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $132,000 loan saves $5,940 in interest over 30 years.
Compare Top Dayton Mortgage LendersColumbus
$265,000 median
OHCincinnati
$240,000 median
OHCleveland
$155,000 median
OHDayton
$155,000 median