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South Carolina Mortgage Calculator

Estimate the monthly PITI payment on a South Carolina home. Preseeded with the state’s 0.55% effective property-tax rate, $1,800 average annual insurance, and $290,000 median home price.

Loan Parameters
$
$
Percentage
20.0 %
Loan Term
Advanced Options
$
Monthly Payment (PITI)
$1,846
Principal & Interest
$1,466
Property Taxes
$133
Home Insurance
$150
PMI
$97
Total Interest
$295,903
Total Cost
$629,753
Payoff Year
2056

South Carolina Property Tax, Insurance & Home Prices

Effective property-tax rate
0.55%
Avg annual insurance
$1,800
Median home price
$290,000

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

Notable South Carolina Rules

South Carolina has a 4% assessment ratio for owner-occupied primary residences vs 6% for non-residential — a significant tax break for primary residents. The state also has a $50,000 homestead exemption for homeowners 65+, totally disabled, or legally blind.

Mortgage Calculators for Other States

Frequently Asked Questions

  • South Carolina's statewide effective property-tax rate is approximately 0.55% of home value (last reviewed May 2026). Actual county- and city-level rates vary; check your specific parcel before budgeting.