Home / Arlington, TX
Mortgage Calculator — Arlington, TX
Median home price in Arlington: $310,000. Monthly payment: $1,650/month (20% down, 7%, 30yr). Property tax rate: 1.83%.
= $62,000
Monthly Payment
$1,650
Loan Amount
$248,000
Total Interest
$345,982
Total Cost
$655,982
Payment Breakdown
Down Payment$62,000 (9.5%)
Principal$248,000 (37.8%)
Total Interest$345,982 (52.7%)
Arlington Mortgage Payments by Rate
| Rate | 15-Year | 30-Year | Total Interest (30yr) |
|---|---|---|---|
| 5.5% | $2,026 | $1,408 | $258,922 |
| 6% | $2,093 | $1,487 | $287,279 |
| 6.5% | $2,160 | $1,568 | $316,310 |
| 6.75% | $2,195 | $1,609 | $331,068 |
| 7% | $2,229 | $1,650 | $345,982 |
| 7.25% | $2,264 | $1,692 | $361,047 |
| 7.5% | $2,299 | $1,734 | $376,259 |
| 8% | $2,370 | $1,820 | $407,105 |
Arlington Property Tax & Total Housing Cost
Property Tax Rate
1.83%
$5,673/year
Monthly P&I
$1,650
20% down, 7%, 30yr
Est. Total Monthly
$2,123
P&I + property tax
Affordability in Arlington
10% down ($31,000)$99,812/yr needed
15% down ($46,500)$95,392/yr needed
20% down ($62,000)$90,973/yr needed
25% down ($77,500)$86,553/yr needed
Based on 28% housing cost rule. Includes property tax.