CALCMONEY // MORTGAGE // TX // AUSTIN // 78701
ZIP CODE ANALYSISHyper-local mortgage data for ZIP 78701 in Austin, TX.
$950,000
$760,000
$6,882
$294,926/yr
| Down Payment | Home Price | Loan Amount | Monthly P&I | Total Monthly | Rate |
|---|---|---|---|---|---|
| 10% Down | $950,000 | $855,000 | $5,631 | $7,507 | 6.9% |
| 20% Down | $950,000 | $760,000 | $5,005 | $6,882 | 6.9% |
| 25% Down | $950,000 | $712,500 | $4,693 | $6,569 | 6.9% |
Total monthly includes principal & interest, property tax (1.97% annual), and estimated homeowners insurance. PMI not included.
Downtown Austin (ZIP 78701) sits within Austin, Texas with a median home price of $950,000 — significantly above the Austin city-wide median of $490,000. At 80% LTV, the typical loan of $760,000 remains within conforming loan limits, keeping conventional financing accessible.
Property taxes in ZIP 78701 run 1.97% annually, adding $1,560 per month on the median home. Median household income in this neighborhood is approximately $105,000, placing the price-to-income ratio at 9.0x. Texas has no state income tax, giving buyers here more purchasing power relative to equivalent salaries in income-tax states.