Colorado Mortgage Calculator
Estimate the monthly PITI payment on a Colorado home. Preseeded with the state’s 0.51% effective property-tax rate, $2,400 average annual insurance, and $540,000 median home price.
Loan Parameters
$
$
Percentage
20.0 %
Loan Term
Advanced Options
$
Monthly Payment (PITI)
$3,340
- Principal & Interest
- $2,731
- Property Taxes
- $230
- Home Insurance
- $200
- PMI
- $180
Total Interest
$550,992
Total Cost
$1,137,612
Payoff Year
2056
Colorado Property Tax, Insurance & Home Prices
- Effective property-tax rate
- 0.51%
- Avg annual insurance
- $2,400
- Median home price
- $540,000
Statewide averages, last reviewed May 2026. Actual rates and premiums vary significantly by county, city, and parcel — see the notes below.
Notable Colorado Rules
Colorado has a low effective property-tax rate but rapidly rising home values have pushed nominal bills up. The state uses a residential assessment rate (around 6.7% in 2025) applied to actual value, then multiplied by the local mill levy. Wildfire and hail risk push homeowners insurance well above the national median.
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Frequently Asked Questions
- Colorado's statewide effective property-tax rate is approximately 0.51% of home value (last reviewed May 2026). Actual county- and city-level rates vary; check your specific parcel before budgeting.