Ohio Mortgage Calculator
Estimate your monthly mortgage payment including taxes and insurance.
- Free
- No signup required
- Updated for 2026
Use our free Ohio mortgage calculator to estimate your monthly payment including principal, interest, property taxes, and insurance. See a full amortization schedule and compare different loan terms. Rates vary by county; we use a statewide average for estimates.
Loan details
Rates vary by county. This is an estimated statewide average.
Monthly payment
$1,623.57
- Principal & interest$1,213.57
- Property tax$310.00
- Insurance$100.00
Loan amount: $192,000 · Total interest: $244,885
Monthly breakdown
Amortization schedule
| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $1,213.57 | $173.57 | $1,040.00 | $191,826.43 |
| 2 | $1,213.57 | $174.51 | $1,039.06 | $191,651.92 |
| 3 | $1,213.57 | $175.46 | $1,038.11 | $191,476.46 |
| 4 | $1,213.57 | $176.41 | $1,037.16 | $191,300.06 |
| 5 | $1,213.57 | $177.36 | $1,036.21 | $191,122.69 |
| 6 | $1,213.57 | $178.32 | $1,035.25 | $190,944.37 |
| 7 | $1,213.57 | $179.29 | $1,034.28 | $190,765.08 |
| 8 | $1,213.57 | $180.26 | $1,033.31 | $190,584.82 |
| 9 | $1,213.57 | $181.24 | $1,032.33 | $190,403.59 |
| 10 | $1,213.57 | $182.22 | $1,031.35 | $190,221.37 |
| 11 | $1,213.57 | $183.20 | $1,030.37 | $190,038.16 |
| 12 | $1,213.57 | $184.20 | $1,029.37 | $189,853.97 |
| 13 | $1,213.57 | $185.19 | $1,028.38 | $189,668.77 |
| 14 | $1,213.57 | $186.20 | $1,027.37 | $189,482.57 |
| 15 | $1,213.57 | $187.21 | $1,026.36 | $189,295.37 |
| 16 | $1,213.57 | $188.22 | $1,025.35 | $189,107.15 |
| 17 | $1,213.57 | $189.24 | $1,024.33 | $188,917.91 |
| 18 | $1,213.57 | $190.27 | $1,023.31 | $188,727.64 |
| 19 | $1,213.57 | $191.30 | $1,022.27 | $188,536.35 |
| 20 | $1,213.57 | $192.33 | $1,021.24 | $188,344.01 |
| 21 | $1,213.57 | $193.37 | $1,020.20 | $188,150.64 |
| 22 | $1,213.57 | $194.42 | $1,019.15 | $187,956.22 |
| 23 | $1,213.57 | $195.47 | $1,018.10 | $187,760.74 |
| 24 | $1,213.57 | $196.53 | $1,017.04 | $187,564.21 |
Showing rows 1–24 of 360
Frequently asked questions
Property tax rates in Ohio vary by county. This calculator uses a statewide average as the default; you can change the rate in the form. Check your county assessor for exact rates.
Enter your home price, down payment, interest rate, and loan term. We pre-fill Ohio's typical property tax rate. Add your annual insurance and any HOA fees. The calculator shows your total monthly payment and a full amortization schedule.
Principal and interest are calculated with the standard amortization formula. Property tax and insurance are estimates. This tool is for planning only and does not constitute financial advice.
Ohio Mortgage Overview
Ohio has relatively affordable home prices in many areas, but property taxes can be a meaningful part of your monthly payment. Effective rates often range from about 1.4% to 1.7%. Use this calculator to estimate your monthly mortgage payment in Ohio.
Average Property Tax in Ohio
Property taxes in Ohio are set at the local level (county, city, school district). Rates vary; we use a statewide average as the default. You can change the property tax rate in the calculator to better match your county.
Housing and Loan Options
With moderate home prices, a 20% down payment may be within reach for many buyers, which can help avoid PMI. Use the calculator to compare different down payment amounts and loan terms (15, 20, or 30 years) and to see the full amortization schedule.
Tips for Ohio Buyers
- Check your county auditor for tax rates and homestead reduction programs.
- Homeowners insurance is often lower than in coastal or high-risk states; still use a realistic annual amount.
- If you are buying a condo or in an HOA, add the monthly fee in the calculator.
- The total interest over the life of the loan is shown in the results; shorter terms mean less interest.
This calculator provides estimates only. For exact figures, consult a licensed lender and your county auditor.