CALCMONEY // MORTGAGE // PA // SCRANTON
Calculate your monthly mortgage payment using Scranton-specific property tax rates and local market data.
$175,000
6.9%
2.05%
85
| Principal & Interest | $922 |
| Property Tax | $299 |
| Homeowners Insurance (est.) | $58 |
| Total Monthly Payment (PITI) | $1,279 |
$35,000
$191,934
$54,829/yr
$175,000 buys the median home in Scranton right now. With 20% down, that's a $35,000 down payment and a $140,000 loan, set against a $45,000 median household income.
Property taxes in Scranton run 2.05% of assessed value, above the 1.1% national average. On the median home, that's $3,587 a year, or $299 added to the monthly payment.
Unlike the nine no-income-tax states, Pennsylvania taxes wage income. Worth running your actual take-home pay against the $1,279/month payment here before locking in a target price.
Day-to-day expenses in Scranton track at 85 against the national 100 baseline, below average once you look past the mortgage payment itself.
Scranton's median home price runs 34% lower than nearby Philadelphia: $265,000 there versus $175,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $140,000 loan saves $6,300 in interest over 30 years.
Compare Top Scranton Mortgage LendersPhiladelphia
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