CALCMONEY // MORTGAGE // SC // CHARLESTON
Calculate your monthly mortgage payment using Charleston-specific property tax rates and local market data.
$435,000
6.9%
0.55%
108
| Principal & Interest | $2,292 |
| Property Tax | $199 |
| Homeowners Insurance (est.) | $145 |
| Total Monthly Payment (PITI) | $2,636 |
$87,000
$477,094
$112,984/yr
Home prices in Charleston run 4% above the national median: $435,000 versus $420,000. Relative to the $68,000 median household income here, the price-to-income ratio comes out to 6.4x.
Charleston's 0.55% property tax rate runs below the 1.1% national average. That's $199/month on the median home here, not a rounding error against the mortgage payment.
Between the $2,636/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 108 (national average = 100), running above the national baseline for groceries, transportation, and everyday services.
Charleston's median home price runs 71% higher than nearby Columbia: $255,000 there versus $435,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $348,000 loan saves $15,660 in interest over 30 years.
Compare Top Charleston Mortgage LendersColumbia
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