Kansas City, MO variant. This is a Kansas City, MO-specific version of the Mortgage Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Mortgage Calculator.
Kansas City's $245,000 median home and 1.27% property tax make for a distinctive mortgage payment. High-cost metros front-load the principal-and-interest portion.
Mortgage payment in Kansas City
On the $245,000 median home with 20% down ($49,000), you'd finance $196,000. At 6.5% over 30 years, P&I ≈ $1,239/month.
Add Kansas City's 1.27% property tax (≈ $259/month) plus insurance for the all-in payment.
About Kansas City, MO
Kansas City, Missouri levies a local earnings tax on residents and people working in the city, in addition to Missouri state taxes.
Kansas City offers relatively affordable home prices for a large metro.
Kansas City's economy spans logistics, finance, and government, with a cost of living below the national average.
Worked example: $245,000 Kansas City home
Loan $196,000 at 6.5% for 30 years → $1,239/mo P&I. Property tax ≈ $259/mo. Total before insurance ≈ $1,498/mo.
Quick reference
- Median home value: $245,000
- Median rent: $1,300/mo
- Median household income: $65,835
- Local sales tax: 8.86%
- City income tax: 1%
- Effective property tax rate: 1.27%
- Cost of living index: 90 (US avg = 100)
Frequently Asked Questions
How much is a mortgage in Kansas City?
About $1,239/month P&I on the $245,000 median home with 20% down at 6.5%.
What is the property tax rate in Kansas City?
About 1.27% of home value per year.