CALCMONEY // MORTGAGE // WA // SEATTLE
Calculate your monthly mortgage payment using Seattle-specific property tax rates and local market data.
$780,000
6.9%
0.92%
152
| Principal & Interest | $4,110 |
| Property Tax | $598 |
| Homeowners Insurance (est.) | $260 |
| Total Monthly Payment (PITI) | $4,968 |
$156,000
$855,479
$212,900/yr
Buying the median home in Seattle means financing $780,000. Against the area's $110,000 median household income, that works out to a 7.1x price-to-income ratio.
Property taxes in Seattle run 0.92% of assessed value, below the 1.1% national average. On the median home, that's $7,176 a year, or $598 added to the monthly payment.
Washington charges no state income tax. Every dollar of the $110,000 median household income here converts more directly into covering the $4,968/month payment.
Seattle's cost of living index is 152, above the 100 national baseline. That's on top of the housing numbers above, not instead of them.
Seattle's median home price runs 144% higher than nearby Spokane: $320,000 there versus $780,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $624,000 loan saves $28,080 in interest over 30 years.
Compare Top Seattle Mortgage LendersSpokane
$320,000 median
WATacoma
$450,000 median
WABellevue
$1,100,000 median
WARedmond
$1,100,000 median
Neighborhood-level data for 5 ZIP codes in Seattle. Rates, home prices, and estimated payments vary by area.