Bronx County Mortgage Calculator
On the Bronx County median home price of $517,000, a 20%-down, 30-year loan at today's 6.47% rate runs about $3,190/month — $2,606 principal & interest, $444 property tax at Bronx County's 1.03% effective rate, and $140 homeowners insurance. That is about $116/month less than the New York state-average tax rate would cost on the same home. Enter your own price and down payment below.
$3,190 /mo
P&I: $2,606 · Tax: $444 · Insurance: $140
Loan amount: $413,600 · Total interest: $524,588
Yearly amortization schedule
| Year | Interest | Principal | PMI | Balance |
|---|---|---|---|---|
| 1 | $26,624 | $4,649 | — | $408,951 |
| 2 | $26,314 | $4,959 | — | $403,992 |
| 3 | $25,983 | $5,290 | — | $398,702 |
| 4 | $25,631 | $5,642 | — | $393,060 |
| 5 | $25,255 | $6,018 | — | $387,041 |
| 6 | $24,853 | $6,420 | — | $380,622 |
| 7 | $24,426 | $6,847 | — | $373,774 |
| 8 | $23,969 | $7,304 | — | $366,470 |
| 9 | $23,482 | $7,791 | — | $358,680 |
| 10 | $22,963 | $8,310 | — | $350,370 |
| 11 | $22,409 | $8,864 | — | $341,506 |
| 12 | $21,818 | $9,455 | — | $332,051 |
| 13 | $21,188 | $10,085 | — | $321,967 |
| 14 | $20,516 | $10,757 | — | $311,210 |
| 15 | $19,799 | $11,474 | — | $299,736 |
| 16 | $19,034 | $12,239 | — | $287,497 |
| 17 | $18,218 | $13,055 | — | $274,442 |
| 18 | $17,348 | $13,925 | — | $260,518 |
| 19 | $16,420 | $14,853 | — | $245,665 |
| 20 | $15,430 | $15,843 | — | $229,822 |
| 21 | $14,374 | $16,899 | — | $212,924 |
| 22 | $13,248 | $18,025 | — | $194,898 |
| 23 | $12,046 | $19,227 | — | $175,672 |
| 24 | $10,765 | $20,508 | — | $155,164 |
| 25 | $9,398 | $21,875 | — | $133,289 |
| 26 | $7,940 | $23,333 | — | $109,956 |
| 27 | $6,385 | $24,888 | — | $85,068 |
| 28 | $4,726 | $26,547 | — | $58,521 |
| 29 | $2,956 | $28,317 | — | $30,204 |
| 30 | $1,069 | $30,204 | — | $0 |
Rates: Freddie Mac PMMS (wk 2026-06-18). Property tax: Tax Foundation. Insurance: Insurance.com. PMI applies when your down payment is under 20% (LTV > 80%). You can request cancellation at 80% LTV; the servicer must auto-terminate it at 78% (Homeowners Protection Act). How we calculate →
Monthly payment breakdown for a Bronx County home
At the Bronx County median home price of $517,000, a conventional 30-year loan at 6.47% with 20% down splits into: $2,606 principal & interest, $444 property tax, and $140 homeowners insurance — a total PITI of $3,190/month.
The property tax line uses Bronx County's real effective rate of 1.03% (median tax bill of $5,310 on a median home value of $517,000, US Census ACS), not a generic national average — so this figure reflects what Bronx County actually charges, before any local exemption.
Bronx County vs the New York state average property tax rate
Bronx County's 1.03% effective property tax rate is below New York's 1.3% state average. On the same $517,000 home, that difference works out to $116/month less in the tax line of the mortgage payment compared with paying the New York average rate instead of Bronx County's.
Property tax is set locally — by the county, city and school district — so the state average is only a rough guide. Two otherwise identical New York homes in different counties can carry meaningfully different monthly payments purely because of where the tax rate lands.
What the Bronx County median buys vs a $400,000 national budget
A $400,000 home taxed at Bronx County's 1.03% rate and insured at New York's average would run about $2,500/month — $690 less than the Bronx County county median payment of $3,190/month, since Bronx County's median home price ($517,000) is $117,000 above the $400,000 reference used elsewhere on this site.
In other words, price — not tax rate — usually drives the biggest gap between a Bronx County payment and a generic national estimate. Use the calculator above to swap in your own target price.
PMI in Bronx County if you put down less than 20%
Putting 10% down instead of 20% on the same $517,000 Bronx County home adds private mortgage insurance (PMI) of about $310/month, bringing the total payment to roughly $3,826/month instead of $3,190. PMI is required on conventional loans below 20% down and cancels automatically once your loan balance reaches 78% of the original price.
Bronx County mortgage — frequently asked questions
How much is a mortgage payment in Bronx County?
On the Bronx County median home price of $517,000, a 20%-down 30-year loan at 6.47% runs about $3,190/month total (principal, interest, property tax and insurance).
What is the property tax on the median home in Bronx County?
Bronx County's effective property tax rate is 1.03%, which works out to about $444/month ($5,325/year) on the $517,000 county median home value.
How does Bronx County property tax compare to the rest of New York?
Bronx County's 1.03% effective rate is below the New York state average of 1.3%, a difference of about $116/month on a $517,000 home.
What income do I need to afford a home in Bronx County?
Using the common 28%-of-gross-income guideline against the $3,190/month PITI payment on the Bronx County median home, that implies a gross annual income of roughly $136,718.
How much does PMI cost in Bronx County with less than 20% down?
Putting 10% down on the $517,000 Bronx County median home adds about $310/month in PMI, for a total payment near $3,826/month instead of $3,190.
What's included in a Bronx County mortgage payment?
PITI: principal and interest together $2,606, property tax $444 at Bronx County's 1.03% rate, and homeowners insurance $140 at the New York state average — no HOA dues assumed unless you add them above.
More New York counties in this pilot
New York mortgage calculator · Bronx County property tax deep-dive — the full county-by-county property tax breakdown behind this payment estimate.
Mortgage calculators in other pilot counties
Researched & verified by the Calcuris Data & Research Team. How we build and check our tools →