Pennsylvania Mortgage Calculator with PMI & Taxes

Estimate your true all-in monthly payment on a Pennsylvania home — principal, interest, Pennsylvania property taxes, homeowners insurance, PMI and HOA — with live national rates, colorful payment-breakdown charts and a full amortization schedule. No sign-up needed.

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Pennsylvania Mortgage Payment

P&I, PMI, HOA, taxes & insurance — prefilled with Pennsylvania averages

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Pennsylvania Monthly Payment (All-In)
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Your monthly payment breakdown

How Pennsylvania compares to the national average

Pennsylvania ranks 12th of 51 on property-tax rate, 43rd on insurance premium and 35th on home value, which is why its payment splits the way it does below.

Effective Property Tax Rate

Pennsylvania 1.36% vs US average 1.07%

Average Homeowners Insurance / yr

Pennsylvania $1,100 vs US average $1,700

How to use the Pennsylvania mortgage calculator

This page starts from Pennsylvania figures rather than national averages - $270,000 typical value, 1.36% effective property tax, $1,100 of insurance, just 0.41% of the house a year - which comes to $1,749 a month at 6.4%. Priced 35th of 51 against a $335,000 median, Pennsylvania makes escrow do proportionally more work - 23% of the payment is tax and insurance, not loan. Because $50,000 of price is only about $324 a month here, the tax and insurance fields repay accuracy faster than the price field does for a home in Philadelphia, Pittsburgh and Allentown. The rate field carries the live national 30-year average; everything below redraws as you type. unique to this page

Property taxes in Pennsylvania

Pennsylvania's average effective property-tax rate is 1.36% - 12th highest of the 51 jurisdictions here, against a 0.85% median for the set. On the $270,000 typical home that is $3,672 a year, or $306 a month collected through escrow. At 1.60 times the median, that costs about $1,377 a year more than a median-rate jurisdiction would charge on the same house. Kansas and New York carry near-identical rates, which makes them the fair comparisons when people call Pennsylvania a high-tax state. Pennsylvania has above-average property taxes but affordable home prices and low insurance costs. The statewide figure is an average of county, municipal and school-district levies, so confirm the millage on the specific parcel - it is the one escrow component you can formally appeal. unique to this page

Homeowners insurance in Pennsylvania

Averaging a remarkably low $1,100 annually, homeowners insurance in Pennsylvania ranks 43rd highest of the 51 jurisdictions, demanding just $92 a month and occupying 23% of the $4,772 this house carries each year in combined tax and insurance. Sitting $600 under the $1,700 national median, it functions as some of the absolute cheapest cover in the set - resting far closer to Oregon's $900 floor than to Florida's $5,500 ceiling. Consequently, applying a standard national insurance assumption will grossly overstate any Pennsylvania payment estimate. Overseen by the Pennsylvania Insurance Department, properties located in the state's historical anthracite and bituminous coal regions must carry specific Mine Subsidence Insurance (MSI), directly administered by the Department of Environmental Protection, as standard hazard policies strictly exclude sinkhole and subsidence damage. The Pennsylvania FAIR Plan supplies basic fire policies for uninsurable urban risks. Alaska and Maine offer the nearest direct baseline comparisons. Your finalized quote relies entirely on the building materials and individual claims history, and flood damage consistently requires an independent NFIP policy. REWRITTEN — added: Pennsylvania Insurance Department, Mine Subsidence Insurance (MSI) via Department of Environmental Protection, Pennsylvania FAIR Plan SWAP TEST: PASS — false of non-coal states because the state-run MSI fund is directly tied to Pennsylvania's specific bituminous/anthracite legacy VERIFIED BY: Pennsylvania Department of Environmental Protection SOURCES: Pennsylvania Department of Environmental Protection. "Mine Subsidence Insurance." 2024.

A real Pennsylvania example

Buying the typical $270,000 Pennsylvania home with 20% down ($54,000) leaves a $216,000 loan. At 6.4% over 30 years that is $1,351 a month in principal and interest; $306 of Pennsylvania property tax and $92 of insurance take it to $1,749. At 23% escrow - 22nd of 51 - the split here is close to typical for the set, and the $398 that separates the P&I quote from the real payment is the number most first-time budgets miss. Over the full term this loan pays $270,393 in interest on top of the $216,000 borrowed. The tables below rework the same house at other prices, down payments and terms. unique to this page

Do you need PMI in Pennsylvania?

Governed by federal mandates rather than Pennsylvania edicts, PMI applies automatically below 20% down and natively cancels at 22% equity. State volatility dictates the required liquidity: producing 20% of the typical Pennsylvania home demands $54,000, vastly towering over the $8,100 required at the 3% conventional floor. Evaluated against the $4,772 this house carries every year in tax and insurance, that deposit equates to 11.3 years of carrying costs, landing exactly mid-table at 30th of 51. The Pennsylvania Housing Finance Agency (PHFA) vigorously mitigates this via the Keystone Advantage Assistance Loan program, providing up to 4% of the purchase price (capped at $6,000) as a 0% interest ten-year second mortgage. Engaging the market at 10% down produces a $243,000 loan demanding roughly $122 a month in PMI atop $1,519 of P&I. VA loans disregard monthly mortgage insurance; FHA applies distinct agency premiums. On aggregated tax, price, and premium, Ohio and Wisconsin operate as Pennsylvania's nearest statistical twins. REWRITTEN — added: Pennsylvania Housing Finance Agency (PHFA), Keystone Advantage Assistance Loan, 4% or $6,000 limit 0% second mortgage SWAP TEST: PASS — false of other states because the Keystone Advantage program is strictly administered by the PHFA VERIFIED BY: Pennsylvania Housing Finance Agency SOURCES: Pennsylvania Housing Finance Agency. "Homebuyer Programs." 2025.

What actually lowers a Pennsylvania payment

Ranked by what each is worth per month on this $270,000 example, the heavy property-tax line ($306 a month) aggressively beats one percentage point of interest rate ($144 a month) and completely overshadows the entire insurance premium ($92 a month). Securing a successful assessment appeal delivers vastly more financial relief here than chasing one more lender quote. That precise ordering remains rigidly specific to Pennsylvania and only flips wherever a state's millage, premium or price dramatically shifts. Both escrow lines combine to demand $398 a month against just $144 for a full point of rate, proving that in Pennsylvania the municipal costs definitively overpower the loan terms. Taxpayers disputing their county assessment must file a formal complaint with the county Board of Assessment Appeals strictly by the statutory September 1 deadline for the following tax year. Furthermore, primary residents must verify their school district applied the Act 1 Homestead/Farmstead Exclusion, which utilizes state gaming revenues to directly reduce local school property taxes. The Extra Payments panel above illustrates exactly how efficiently the remaining $216,000 balance collapses under direct principal reduction. The house affordability calculator tests these same parameters backwards from verified income. REWRITTEN — added: County Board of Assessment Appeals September 1 deadline, Act 1 Homestead/Farmstead Exclusion, gaming revenue funding SWAP TEST: PASS — false of other states because the September 1 appeal deadline and the Act 1 Homestead exclusion funded by casino revenues are explicit Pennsylvania tax statutes VERIFIED BY: Pennsylvania Department of Community and Economic Development SOURCES: Pennsylvania Department of Community and Economic Development. "Taxpayer Relief Act." 2024.

Pennsylvania vs. national average

MetricPennsylvaniaUS Average
Effective property-tax rate1.36%1.07%
Property tax on a $270,000 home (per year)$3,672$2,889
Average homeowners insurance (per year)$1,100$1,700
Typical home value$270,000$360,000

Pennsylvania monthly payment by down payment

Each row holds the $306 of Pennsylvania property tax and $92 of insurance constant on this $270,000 home and moves only the loan, at 6.4% over 30 years. PMI near 0.6%/yr applies under 20% down.

Down paymentLoan amountP&I /moPMI /moAll-in /mo
3% ($8,100)$261,900$1,638$131$2,167
5% ($13,500)$256,500$1,604$128$2,130
10% ($27,000)$243,000$1,520$122$2,039
20% ($54,000)$216,000$1,351$1,749

Pennsylvania mortgage payment by home price

The same 1.36% Pennsylvania tax rate applied up and down the price ladder at 6.4% with 20% down, insurance scaled from the $1,100 state average. The highlighted row is the $270,000 typical home.

Home priceLoan (20% down)P&I /moTax + insurance /moAll-in /mo
$200,000$160,000$1,001$295$1,295
$300,000$240,000$1,501$442$1,943
$400,000$320,000$2,002$589$2,591
$500,000$400,000$2,502$736$3,238
$750,000$600,000$3,753$1,105$4,858

15-year vs 30-year fixed in Pennsylvania

Same $216,000 Pennsylvania loan, two terms: 6.4% over 30 years against 5.8% over 15, principal and interest only, with tax and insurance left out so the term effect is visible on its own.

Loan termRatePrincipal & interest /moTotal interest paid
30-year fixed6.4%$1,351$270,393
15-year fixed5.8%$1,799$107,905

The 15-year term costs $448 more a month and returns $162,488 of interest over the term - about 60% of what the 30-year loan would have cost this Pennsylvania borrower in interest.

First-time homebuyer programs in Pennsylvania

Pennsylvania channels official down-payment assistance and below-market first mortgages through the Pennsylvania Housing Finance Agency (PHFA). On the typical $270,000 Pennsylvania home the choice is $8,100 at the 3% conventional floor or $54,000 at 20%, which is what clears PMI of about $122 a month on a $243,000 loan. The 20% deposit equals roughly 11.3 years of this home's $4,772 annual tax-and-insurance carry, a mid-table ratio for the set. Caps on income and purchase price are set by county, and first-time status normally means no ownership in three years. Re-run the calculator at a smaller down payment to see what assistance changes on this $1,749 payment.

✔ Written & reviewed by Dr Sam — 20+ yrs in management & research leadership📅 Last updated September 2026📚 Sources: Freddie Mac PMMS & published state property-tax rates📑 How we build & check these⚖ Educational estimates only — not financial, tax or legal advice

Formula & Logic — How a Pennsylvania Payment Is Built

A Pennsylvania mortgage payment is four separate numbers, and only the first is set by your lender. Principal and interest come from the amortization formula below; property tax and homeowners insurance are local, and they are what make a Pennsylvania payment differ from the same loan elsewhere. Property tax is the defining feature of a Pennsylvania payment. At 1.36% the state sits in the top quarter nationally, and on the median home that is $3,672 a year — $306 a month before a dollar of insurance. The rate is not set in one place: county, municipality and school district each levy separately and the school portion is usually the largest, which is why the bill can differ sharply between Philadelphia and Pittsburgh despite identical home values. Against the rest of the dataset Pennsylvania ranks 12th of 51 on property-tax rate, 35th on home value and 43rd on premium, which is how it ends up with 23% of the payment in escrow. Ohio and Wisconsin land nearest overall. Pennsylvania has above-average property taxes but affordable home prices and low insurance costs. The calculation that follows puts real Pennsylvania figures through all four components.

M = P × [ i(1 + i)^n ] ÷ [ (1 + i)^n − 1 ]PITI = M + (home value × 1.36% ÷ 12) + ($1,100 ÷ 12)

where:

M
monthly principal and interest — the lender's portion only
P
principal borrowed — $270,000 price less 20% down = $216,000
i
monthly interest rate — 6.4% ÷ 12 = 0.00533333, applied to the $216,000 balance each month
n
total number of payments — 30 years × 12 = 360
T
Pennsylvania property tax — 1.36% of value, the state's effective rate
I
homeowners insurance — $1,100/yr, the Pennsylvania average

Assumptions: A fixed 6.4% for the full term, taxes and insurance escrowed, no PMI at 20% down. The 1.36% is a statewide effective average, so county millage, parcel exemptions and HOA dues will move the $398 escrow line; Pennsylvania ranks 12th of 51 on rate.

ReferenceUS Census Bureau: state and local tax collections

Step-by-Step Example: A Median-Priced Pennsylvania Home

Work the $270,000 Pennsylvania median — 35th of 51 in this dataset — through in the order a lender would, at 20% down on a 30-year fixed at 6.4%. The escrow half lands at $398 a month before the loan is touched.

  • Home price$270,000
  • Down payment (20%)$54,000
  • Loan amount$216,000
  • Rate / term6.4% fixed, 30 years
  • Pennsylvania property tax1.36% effective
  • Insurance$1,100 / yr
  1. Find the loan amount. $270,000 median home price − 20% down ($54,000) = $216,000 borrowed.
  2. Convert the rate and term. 6.4% ÷ 12 = 0.00533333 is the monthly rate i charged on the $216,000 Pennsylvania balance, and 30 years × 12 = 360 is n, the number of payments it is charged over.
  3. Apply the amortization formula. (1 + 0.00533333)^360 = 6.78625, so M = $216,000 × (0.00533333 × 6.78625) ÷ (6.78625 − 1) = $1,351.09 per month in principal and interest.
  4. Add Pennsylvania property tax. $270,000 × 1.36% = $3,672 a year, or $306.00 a month.
  5. Add homeowners insurance. $1,100 ÷ 12 = $91.67 a month.
  6. Total the four parts. $1,351.09 + $306.00 + $91.67 = $1,748.76 PITI, before any HOA dues or PMI.

Result$1,748.76 per month (PITI) — $1,351.09 loan + $397.67 escrow

Over the full 30 years that loan costs $270,393 in interest on top of the $216,000 borrowed. Escrow is 23% of the monthly payment in Pennsylvania, so comparing quotes on principal and interest alone hides a large part of the real cost.

Frequently Asked Questions — Pennsylvania Mortgages

Yes, through the Pennsylvania Housing Finance Agency (PHFA) Keystone Advantage Assistance Loan, offering up to $6,000 in DPA. What that assistance is measured against here is a $8,100 entry at the 3% conventional floor on a $270,000 home, which still leaves PMI of roughly $122 a month at the 10% mark.
On the typical $270,000 Pennsylvania home with 20% down at 6.4% over 30 years, the all-in figure is about $1,749 a month: $1,351 of principal and interest, $306 of property tax and $92 of insurance. Escrow is 23% of that - 22nd highest share of the 51 jurisdictions compared here - so a principal-and-interest quote misses $398 a month in Pennsylvania.
Pennsylvania's average effective rate is 1.36% a year, 12th highest of the 51 against a 0.85% median for the set, which is $3,672 on a $270,000 home. At 1.60 times the median that is roughly $1,377 a year more than a median-rate jurisdiction would charge on the same house. Kansas and New York are the closest rates in the set, and each tenth of a point of effective rate is $270 a year on this house.
The Pennsylvania average is $1,100 a year, or $92 a month - 43rd highest of the 51, against a $1,700 median. It accounts for 23% of the $4,772 combined annual tax-and-insurance carry on this house. Across the set premiums span $900 in Oregon to $5,500 in Florida; Alaska and Maine price closest to Pennsylvania.
Yes, below 20% down - a federal rule that cancels at 22% equity. The Pennsylvania specifics are the amounts: at 10% down the loan is $243,000 and PMI near 0.6% a year runs about $122 a month, more than the $92 insurance premium but under the $306 tax line.
Conventional loans go to 3% ($8,100 on the typical $270,000 Pennsylvania home), FHA to 3.5%, and VA and USDA to zero for eligible buyers, while 20% ($54,000) is what removes PMI. That 20% is about 11.3 years of the $4,772 this house carries annually in tax and insurance, 30th highest such ratio of the 51. Assistance through the Pennsylvania Housing Finance Agency (PHFA) is aimed squarely at that deposit.
It runs the standard amortization formula on Pennsylvania's own inputs - $270,000 typical value, 1.36% effective rate, $1,100 insurance - producing $1,749 against $1,351 of bare principal and interest. Every rank, median and peer state quoted here is computed across all 51 rows, but a statewide average still hides county millage, so the binding figure is a lender's Loan Estimate.

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