Missouri Mortgage Calculator (2026)
Calculate your monthly payment with Missouri-specific property tax (0.97%) and average insurance ($1,900/yr).
Monthly payment
Payment breakdown
Loan summary
Amortization schedule (first 12 + every 12 months)
| Month | Principal | Interest | PMI/MIP | Balance |
|---|---|---|---|---|
| 1 | $200.66 | $1,428.00 | $102.00 | $244,599 |
| 2 | $201.83 | $1,426.83 | $102.00 | $244,398 |
| 3 | $203.01 | $1,425.65 | $102.00 | $244,195 |
| 4 | $204.19 | $1,424.47 | $102.00 | $243,990 |
| 5 | $205.38 | $1,423.28 | $102.00 | $243,785 |
| 6 | $206.58 | $1,422.08 | $102.00 | $243,578 |
| 7 | $207.79 | $1,420.87 | $102.00 | $243,371 |
| 8 | $209.00 | $1,419.66 | $102.00 | $243,162 |
| 9 | $210.22 | $1,418.44 | $102.00 | $242,951 |
| 10 | $211.44 | $1,417.22 | $102.00 | $242,740 |
| 11 | $212.68 | $1,415.98 | $102.00 | $242,527 |
| 12 | $213.92 | $1,414.74 | $102.00 | $242,313 |
| 24 | $229.38 | $1,399.28 | $102.00 | $239,647 |
| 36 | $245.96 | $1,382.70 | $102.00 | $236,788 |
| 48 | $263.75 | $1,364.92 | $102.00 | $233,722 |
| 60 | $282.81 | $1,345.85 | $102.00 | $230,434 |
| 72 | $303.26 | $1,325.40 | $102.00 | $226,909 |
| 84 | $325.18 | $1,303.48 | $102.00 | $223,129 |
| 96 | $348.69 | $1,279.97 | $102.00 | $219,076 |
| 108 | $373.89 | $1,254.77 | $102.00 | $214,729 |
| 120 | $400.92 | $1,227.74 | — | $210,069 |
| 132 | $429.90 | $1,198.76 | — | $205,071 |
| 144 | $460.98 | $1,167.68 | — | $199,713 |
| 156 | $494.31 | $1,134.35 | — | $193,967 |
| 168 | $530.04 | $1,098.62 | — | $187,805 |
| 180 | $568.36 | $1,060.30 | — | $181,198 |
| 192 | $609.44 | $1,019.22 | — | $174,114 |
| 204 | $653.50 | $975.16 | — | $166,517 |
| 216 | $700.74 | $927.92 | — | $158,371 |
| 228 | $751.40 | $877.26 | — | $149,637 |
| 240 | $805.72 | $822.95 | — | $140,271 |
| 252 | $863.96 | $764.70 | — | $130,227 |
| 264 | $926.42 | $702.24 | — | $119,458 |
| 276 | $993.39 | $635.27 | — | $107,911 |
| 288 | $1,065.20 | $563.46 | — | $95,528 |
| 300 | $1,142.20 | $486.46 | — | $82,251 |
| 312 | $1,224.77 | $403.89 | — | $68,013 |
| 324 | $1,313.31 | $315.35 | — | $52,747 |
| 336 | $1,408.25 | $220.41 | — | $36,376 |
| 348 | $1,510.05 | $118.61 | — | $18,823 |
| 360 | $1,619.22 | $9.45 | — | $0 |
What the payment actually costs
Missouri property tax averages 0.97% of value — 24th highest of 51 states, against a national average near 1.10%. On a $400,000 home that is about $3,880 a year, or $323 a month added to principal and interest.
Homeowners insurance runs about $1,900 a year in Missouri, 12th of 51 states and above the $1,552 national average. Together, tax and insurance add roughly $482 a month to the payment before you have paid a dollar of principal.
How this fits the rest of your tax bill
Missouri taxes both income and property, so neither side offsets the other. Property tax at 0.97% ranks 24th of 51, and state income tax applies on top. Model both together when comparing against a no-income-tax state, because the comparison flips depending on how much house you buy relative to what you earn.
Housing costs compound with the rate. Missouri runs about 10% below national-average costs, so the same 0.97% rate applies to a smaller assessed value than it would elsewhere. A percentage rate is only half the number that matters; the base it applies to is the other half.
Property tax rates are effective statewide averages; your county assessor sets the actual figure and it varies widely within a state. See our methodology.