Missouri Mortgage Calculator 2026 — Monthly Payment Estimator
Last updated: April 2026 · Source: Zillow, Freddie Mac, Tax Foundation
Quick Answer
The average monthly mortgage payment in Missouri is $1,356 for a $230K home with 10% down at the current 6.85% 30-year rate (principal + interest only). Add $190/mo property tax and $167/mo insurance for total PITI.
Missouri Housing & Mortgage Data
| Median Home Price | $230,000 |
| 30-Year Fixed Rate | 6.85%(State average, Apr 2026) |
| Property Tax Rate | 0.99%(Effective rate) |
| Avg HO Insurance | $2,000/yr ($167/mo) |
| Typical Down Payment | 10% ($23,000) |
| Median Household Income | $60,000/yr |
| Principal + Interest (P&I) | $1,356/mo |
| Property Tax (escrow) | $190/mo |
| Homeowners Insurance | $167/mo |
| Total PITI Payment | $1,713/mo(Excludes PMI) |
Key Facts for Missouri
- ✓Missouri median home price is $230,000 as of 2026
- ✓30-year fixed mortgage rates in Missouri average 6.85%
- ✓Property taxes in Missouri are 0.99% — near the national average of 1.10%
- ✓Homeowners insurance averages $2,000/year in Missouri
- ✓A household earning $57,500/year can typically afford the median Missouri home
More Missouri Calculators
Frequently Asked Questions — Mortgage Calculator in Missouri
- What is the average mortgage payment in Missouri?
- The average monthly mortgage payment (principal + interest) in Missouri is approximately $1,356 for a $207,000 loan at 6.85% over 30 years. Adding property tax ($190/mo) and homeowners insurance ($167/mo) brings total PITI to about $1,712/month.
- What credit score do I need for a mortgage in Missouri?
- Most Missouri lenders require a minimum 620 credit score for conventional loans and 580 for FHA loans (with 3.5% down). For the best rates in Missouri, aim for 740+. A higher score can reduce your rate by 0.5–1.0%, saving $31,050 over the life of a 30-year loan.
- How much down payment is required to buy a home in Missouri?
- You can buy a home in Missouri with as little as 0% down (VA, USDA loans for eligible buyers), 3% down (conventional), or 3.5% down (FHA). On the Missouri median home price of $230,000, a 20% down payment is $46,000 and lets you avoid PMI. Missouri also has state-level down payment assistance programs for first-time buyers.
- What are current mortgage rates in Missouri?
- Current 30-year fixed mortgage rates in Missouri average 6.85% as of April 2026. 15-year fixed rates are typically 0.5–0.75% lower. Rates vary by lender, credit score, and loan-to-value ratio. Compare at least 3–5 lenders to ensure you get the best Missouri mortgage rate.
- What is the property tax rate in Missouri?
- Missouri's effective property tax rate is 0.99%. On the Missouri median home value of $230,000, annual property taxes are approximately $2,277 ($190/month). Property taxes in Missouri are typically escrowed in your monthly mortgage payment.