Massachusetts Mortgage Calculator
Estimate the monthly PITI payment on a Massachusetts home. Preseeded with the state’s 1.14% effective property-tax rate, $1,700 average annual insurance, and $580,000 median home price.
Advanced Options
- Principal & Interest
- $2,933
- Property Taxes
- $551
- Home Insurance
- $142
Massachusetts Property Tax, Insurance & Home Prices
- Effective property-tax rate
- 1.14%
- Avg annual insurance
- $1,700
- Median home price
- $580,000
Statewide averages, last reviewed May 2026. Actual rates and premiums vary significantly by county, city, and parcel — see the notes below.
Notable Massachusetts Rules
Massachusetts caps total property tax at 2.5% of full and fair cash value statewide (Proposition 2½). Boston-area towns vary widely in mill rate; Cambridge and Brookline are notably lower than Boston proper. Some towns offer residential exemptions worth thousands per year for primary residences.
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Frequently Asked Questions
- Massachusetts's statewide effective property-tax rate is approximately 1.14% of home value (last reviewed May 2026). Actual county- and city-level rates vary; check your specific parcel before budgeting.