Pennsylvania variant. This is a Pennsylvania-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.
With a median home value of $250,000 and an effective property tax rate of 1.49%, a typical Pennsylvania mortgage payment combines principal, interest, taxes, and insurance into a meaningfully different number than the sticker price suggests.
What drives a Pennsylvania mortgage payment
On the $250,000 median home with 20% down ($50,000), you'd finance about $200,000. At an illustrative 6.5% 30-year fixed rate, the principal-and-interest payment is roughly $1,264/month.
Pennsylvania's 1.49% effective property tax adds about $310/month, and homeowners insurance plus any PMI push the all-in payment higher still. Enter your real price, rate, and down payment above for an exact figure.
About taxes and housing in Pennsylvania
Pennsylvania imposes a flat individual income tax, one of the lowest flat rates in the nation at about 3.07%.
Pennsylvania's effective property tax rate is near 1.5%, with affordable median home values around $250,000.
Pennsylvania's economy is anchored by healthcare, education, manufacturing, and energy, with major hubs in Philadelphia and Pittsburgh.
Worked example: $250,000 home in Pennsylvania
Price $250,000, 20% down ($50,000), loan $200,000 at 6.5% for 30 years → P&I ≈ $1,264/mo. Add property tax ≈ $310/mo (1.49% of value ÷ 12). Total before insurance ≈ $1,575/mo.
Quick reference
- State income tax: Flat 3.07% (lowest flat rate in US)
- State sales tax: 6% (plus 0.34% avg local)
- Median home value: $250,000
- Median household income: $73,170
- Effective property tax rate: 1.49%
- Avg auto insurance: $1,872/yr
Frequently Asked Questions
How much is a mortgage on a $250,000 Pennsylvania home?
With 20% down at 6.5% over 30 years, principal and interest run about $1,264/month, before Pennsylvania's 1.49% property tax and insurance.
What is the property tax rate in Pennsylvania?
Pennsylvania's effective property tax rate is about 1.49% of home value per year.