Kentucky Mortgage Calculator
Estimate the monthly PITI payment on a Kentucky home. Preseeded with the state’s 0.83% effective property-tax rate, $1,500 average annual insurance, and $220,000 median home price.
Loan Parameters
$
$
Percentage
20.0 %
Loan Term
Advanced Options
$
Monthly Payment (PITI)
$1,463
- Principal & Interest
- $1,112
- Property Taxes
- $152
- Home Insurance
- $125
- PMI
- $73
Total Interest
$224,478
Total Cost
$500,258
Payoff Year
2056
Kentucky Property Tax, Insurance & Home Prices
- Effective property-tax rate
- 0.83%
- Avg annual insurance
- $1,500
- Median home price
- $220,000
Statewide averages, last reviewed May 2026. Actual rates and premiums vary significantly by county, city, and parcel — see the notes below.
Notable Kentucky Rules
Kentucky offers a homestead exemption (around $49,000 off assessed value in 2025) for homeowners 65+ or totally disabled. The state also has relatively low transfer taxes ($0.50 per $500 of consideration) compared to neighbors.
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Frequently Asked Questions
- Kentucky's statewide effective property-tax rate is approximately 0.83% of home value (last reviewed May 2026). Actual county- and city-level rates vary; check your specific parcel before budgeting.