Fort Worth, TX Mortgage Calculator
In Fort Worth, Texas, the median home is around $340,000. With 20% down at 6.85% and Texas's ~1.68% effective property-tax rate, the all-in monthly payment is roughly $2,357.48 including principal, interest, property tax, and insurance.
Payment breakdown
- Principal & interest$1,782.31
- Property tax$311.67
- Home insurance$99.17
Balance over time
| Year | Principal paid | Interest paid | Ending balance |
|---|---|---|---|
| 1 | $2,844 | $18,544 | $269,156 |
| 2 | $3,045 | $18,343 | $266,111 |
| 3 | $3,260 | $18,128 | $262,851 |
| 4 | $3,491 | $17,897 | $259,360 |
| 5 | $3,737 | $17,650 | $255,623 |
| 6 | $4,002 | $17,386 | $251,621 |
| 7 | $4,285 | $17,103 | $247,337 |
| 8 | $4,587 | $16,800 | $242,749 |
| 9 | $4,912 | $16,476 | $237,838 |
| 10 | $5,259 | $16,129 | $232,579 |
| 11 | $5,631 | $15,757 | $226,948 |
| 12 | $6,029 | $15,359 | $220,919 |
| 13 | $6,455 | $14,933 | $214,464 |
| 14 | $6,911 | $14,476 | $207,553 |
| 15 | $7,400 | $13,988 | $200,153 |
| 16 | $7,923 | $13,465 | $192,230 |
| 17 | $8,483 | $12,905 | $183,747 |
| 18 | $9,083 | $12,305 | $174,665 |
| 19 | $9,725 | $11,663 | $164,940 |
| 20 | $10,412 | $10,976 | $154,528 |
| 21 | $11,148 | $10,239 | $143,380 |
| 22 | $11,936 | $9,451 | $131,443 |
| 23 | $12,780 | $8,608 | $118,663 |
| 24 | $13,684 | $7,704 | $104,979 |
| 25 | $14,651 | $6,737 | $90,328 |
| 26 | $15,687 | $5,701 | $74,642 |
| 27 | $16,796 | $4,592 | $57,846 |
| 28 | $17,983 | $3,405 | $39,863 |
| 29 | $19,254 | $2,134 | $20,609 |
| 30 | $20,609 | $772 | $0 |
Frequently asked questions
What's a typical mortgage payment in Fort Worth, TX?
On a median Fort Worth home (about $340,000) with 20% down at 6.85%, the full monthly payment is roughly $2,357.48 — principal, interest, Texas property tax, and insurance.
How much do you need to earn to buy a home in Fort Worth?
Using the 28% housing rule, a $2,357.48 payment fits an income near $101,035 a year, before accounting for your other debts.
What are property taxes like in Fort Worth?
Texas's effective property-tax rate averages about 1.68% of home value — roughly $5,712 a year on a $340,000 home. Local rates vary by county and city assessment.
Sources: Freddie Mac Primary Mortgage Market Survey; Tax Foundation — Property Taxes by State; Consumer Financial Protection Bureau.
Estimates for educational purposes only — not a loan offer, financial advice, or a commitment to lend. Actual rates, payments, and terms vary by lender and creditworthiness.