North Carolina Mortgage Calculator
Estimate the monthly PITI payment on a North Carolina home. Preseeded with the state’s 0.80% effective property-tax rate, $1,600 average annual insurance, and $340,000 median home price.
Loan Parameters
$
$
Percentage
20.0 %
Loan Term
Advanced Options
$
Monthly Payment (PITI)
$2,193
- Principal & Interest
- $1,719
- Property Taxes
- $227
- Home Insurance
- $133
- PMI
- $113
Total Interest
$346,921
Total Cost
$748,521
Payoff Year
2056
North Carolina Property Tax, Insurance & Home Prices
- Effective property-tax rate
- 0.80%
- Avg annual insurance
- $1,600
- Median home price
- $340,000
Statewide averages, last reviewed May 2026. Actual rates and premiums vary significantly by county, city, and parcel — see the notes below.
Notable North Carolina Rules
North Carolina reassesses property every 4–8 years depending on the county. The Homestead Exemption removes $25,000 or 50% of value (whichever is greater) for homeowners 65+ or totally disabled with income under the threshold. Coastal counties have higher wind/hurricane insurance premiums.
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Frequently Asked Questions
- North Carolina's statewide effective property-tax rate is approximately 0.80% of home value (last reviewed May 2026). Actual county- and city-level rates vary; check your specific parcel before budgeting.