Ohio Mortgage Calculator
Estimate the monthly PITI payment on a Ohio home. Preseeded with the state’s 1.59% effective property-tax rate, $1,300 average annual insurance, and $230,000 median home price.
Loan Parameters
$
$
Percentage
20.0 %
Loan Term
Advanced Options
$
Monthly Payment (PITI)
$1,653
- Principal & Interest
- $1,163
- Property Taxes
- $305
- Home Insurance
- $108
- PMI
- $77
Total Interest
$234,682
Total Cost
$567,392
Payoff Year
2056
Ohio Property Tax, Insurance & Home Prices
- Effective property-tax rate
- 1.59%
- Avg annual insurance
- $1,300
- Median home price
- $230,000
Statewide averages, last reviewed May 2026. Actual rates and premiums vary significantly by county, city, and parcel — see the notes below.
Notable Ohio Rules
Ohio offers a Homestead Exemption (~$28,000 off taxable value in 2025) for homeowners 65+ or permanently disabled, plus a 2.5% rollback on owner-occupied primary residences. School-district levies are the largest component of most Ohio bills.
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Frequently Asked Questions
- Ohio's statewide effective property-tax rate is approximately 1.59% of home value (last reviewed May 2026). Actual county- and city-level rates vary; check your specific parcel before budgeting.