CALCMONEY // MORTGAGE // OH // TOLEDO
Calculate your monthly mortgage payment using Toledo-specific property tax rates and local market data.
$152,000
6.7%
1.8%
84
| Principal & Interest | $785 |
| Property Tax | $228 |
| Homeowners Insurance (est.) | $51 |
| Total Monthly Payment (PITI) | $1,063 |
$30,400
$160,877
$45,571/yr
$152,000 buys the median home in Toledo right now. With 20% down, that's a $30,400 down payment and a $121,600 loan, set against a $40,000 median household income.
At a 1.8% effective rate, Toledo property taxes add $228 to the monthly payment on the median home, $2,736 a year in total.
Unlike the nine no-income-tax states, Ohio taxes wage income. Worth running your actual take-home pay against the $1,063/month payment here before locking in a target price.
Day-to-day expenses in Toledo track at 84 against the national 100 baseline, below average once you look past the mortgage payment itself.
Toledo's median home price runs 43% lower than nearby Columbus: $265,000 there versus $152,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $121,600 loan saves $5,472 in interest over 30 years.
Compare Top Toledo Mortgage LendersColumbus
$265,000 median
OHCincinnati
$240,000 median
OHCleveland
$155,000 median
OHDayton
$155,000 median