CALCMONEY // MORTGAGE // SC // CHARLESTON
Calculate your monthly mortgage payment using Charleston-specific property tax rates and local market data.
$520,000
6.9%
0.5%
113
| Principal & Interest | $2,740 |
| Property Tax | $217 |
| Homeowners Insurance (est.) | $173 |
| Total Monthly Payment (PITI) | $3,130 |
$104,000
$570,320
$134,133/yr
$520,000 buys the median home in Charleston right now. With 20% down, that's a $104,000 down payment and a $416,000 loan, set against a $78,000 median household income.
At a 0.5% effective rate, Charleston property taxes add $217 to the monthly payment on the median home, $2,600 a year in total.
Between the $3,130/month mortgage payment and South Carolina's state income tax, your real housing cost calculation needs your after-tax number, not your gross salary.
Beyond housing, Charleston's cost of living index sits at 113 (national average = 100), running above the national baseline for groceries, transportation, and everyday services.
Charleston's median home price runs 104% higher than nearby Columbia: $255,000 there versus $520,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $416,000 loan saves $18,720 in interest over 30 years.
Compare Top Charleston Mortgage LendersColumbia
$255,000 median
SCNorth Charleston
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