CALCMONEY // MORTGAGE // TX // FORT WORTH
Calculate your monthly mortgage payment using Fort Worth-specific property tax rates and local market data.
$310,000
6.9%
2.25%
93
| Principal & Interest | $1,633 |
| Property Tax | $581 |
| Homeowners Insurance (est.) | $103 |
| Total Monthly Payment (PITI) | $2,318 |
$62,000
$339,998
$99,339/yr
$310,000 buys the median home in Fort Worth right now. With 20% down, that's a $62,000 down payment and a $248,000 loan, set against a $64,000 median household income.
Property taxes in Fort Worth run 2.25% of assessed value, above the 1.1% national average. On the median home, that's $6,975 a year, or $581 added to the monthly payment.
Texas is one of nine states with no state income tax. Against a $2,318/month mortgage payment here, that's real, recurring savings compared to an income-tax state at the same salary.
Beyond housing, Fort Worth's cost of living index sits at 93 (national average = 100), running below the national baseline for groceries, transportation, and everyday services.
Fort Worth's median home price runs almost identical to nearby Houston, both landing close to $310,000.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $248,000 loan saves $11,160 in interest over 30 years.
Compare Top Fort Worth Mortgage LendersNeighborhood-level data for 4 ZIP codes in Fort Worth. Rates, home prices, and estimated payments vary by area.