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Missouri Mortgage Calculator

Estimate the monthly PITI payment on a Missouri home. Preseeded with the state’s 0.96% effective property-tax rate, $2,000 average annual insurance, and $240,000 median home price.

Loan Parameters
$
$
Percentage
20.0 %
Loan Term
Advanced Options
$
Monthly Payment (PITI)
$1,652
Principal & Interest
$1,214
Property Taxes
$192
Home Insurance
$167
PMI
$80
Total Interest
$244,885
Total Cost
$566,005
Payoff Year
2056

Missouri Property Tax, Insurance & Home Prices

Effective property-tax rate
0.96%
Avg annual insurance
$2,000
Median home price
$240,000

Statewide averages, last reviewed May 2026. Actual rates and premiums vary significantly by county, city, and parcel — see the notes below.

Notable Missouri Rules

Missouri reassesses property every two years (odd years). Senior Citizens Property Tax Credit (Circuit Breaker) provides up to $1,100 for eligible homeowners. Storm and hail damage drive insurance costs above the national median in central Missouri.

Mortgage Calculators for Other States

Frequently Asked Questions

  • Missouri's statewide effective property-tax rate is approximately 0.96% of home value (last reviewed May 2026). Actual county- and city-level rates vary; check your specific parcel before budgeting.