Connecticut Mortgage Calculator (2026)
Calculate your monthly payment with Connecticut-specific property tax (2.15%) and average insurance ($1,490/yr).
Monthly payment
Payment breakdown
Loan summary
Amortization schedule (first 12 + every 12 months)
| Month | Principal | Interest | PMI/MIP | Balance |
|---|---|---|---|---|
| 1 | $335.66 | $2,388.75 | $170.63 | $409,164 |
| 2 | $337.62 | $2,386.79 | $170.63 | $408,827 |
| 3 | $339.59 | $2,384.82 | $170.63 | $408,487 |
| 4 | $341.57 | $2,382.84 | $170.63 | $408,146 |
| 5 | $343.56 | $2,380.85 | $170.63 | $407,802 |
| 6 | $345.57 | $2,378.84 | $170.63 | $407,456 |
| 7 | $347.58 | $2,376.83 | $170.63 | $407,109 |
| 8 | $349.61 | $2,374.80 | $170.63 | $406,759 |
| 9 | $351.65 | $2,372.76 | $170.63 | $406,408 |
| 10 | $353.70 | $2,370.71 | $170.63 | $406,054 |
| 11 | $355.77 | $2,368.65 | $170.63 | $405,698 |
| 12 | $357.84 | $2,366.57 | $170.63 | $405,340 |
| 24 | $383.71 | $2,340.70 | $170.63 | $400,880 |
| 36 | $411.45 | $2,312.97 | $170.63 | $396,097 |
| 48 | $441.19 | $2,283.22 | $170.63 | $390,968 |
| 60 | $473.09 | $2,251.33 | $170.63 | $385,469 |
| 72 | $507.29 | $2,217.13 | $170.63 | $379,572 |
| 84 | $543.96 | $2,180.46 | $170.63 | $373,249 |
| 96 | $583.28 | $2,141.13 | $170.63 | $366,468 |
| 108 | $625.44 | $2,098.97 | $170.63 | $359,198 |
| 120 | $670.66 | $2,053.76 | — | $351,402 |
| 132 | $719.14 | $2,005.27 | — | $343,042 |
| 144 | $771.13 | $1,953.29 | — | $334,078 |
| 156 | $826.87 | $1,897.54 | — | $324,466 |
| 168 | $886.65 | $1,837.77 | — | $314,159 |
| 180 | $950.74 | $1,773.67 | — | $303,107 |
| 192 | $1,019.47 | $1,704.94 | — | $291,256 |
| 204 | $1,093.17 | $1,631.24 | — | $278,549 |
| 216 | $1,172.19 | $1,552.22 | — | $264,923 |
| 228 | $1,256.93 | $1,467.48 | — | $250,311 |
| 240 | $1,347.80 | $1,376.62 | — | $234,644 |
| 252 | $1,445.23 | $1,279.19 | — | $217,844 |
| 264 | $1,549.70 | $1,174.71 | — | $199,829 |
| 276 | $1,661.73 | $1,062.68 | — | $180,512 |
| 288 | $1,781.86 | $942.55 | — | $159,799 |
| 300 | $1,910.67 | $813.74 | — | $137,588 |
| 312 | $2,048.79 | $675.62 | — | $113,772 |
| 324 | $2,196.90 | $527.51 | — | $88,234 |
| 336 | $2,355.71 | $368.70 | — | $60,850 |
| 348 | $2,526.01 | $198.41 | — | $31,486 |
| 360 | $2,708.61 | $15.80 | — | $0 |
What the payment actually costs
The carrying cost that lenders leave out of the headline number: at 2.15% effective, Connecticut sits 4th of 51 states and adds around $717 a month to a $400,000 home, or $8,600 a year.
Homeowners insurance runs about $1,490 a year in Connecticut, 24th of 51 states and below the $1,552 national average. Together, tax and insurance add roughly $841 a month to the payment before you have paid a dollar of principal.
How this fits the rest of your tax bill
Connecticut taxes both income and property, so neither side offsets the other. Property tax at 2.15% ranks 4th of 51, and state income tax applies on top. Model both together when comparing against a no-income-tax state, because the comparison flips depending on how much house you buy relative to what you earn.
Housing costs compound with the rate. Connecticut runs about 10% above national-average costs, so the same 2.15% rate applies to a larger assessed value than it would elsewhere. A percentage rate is only half the number that matters; the base it applies to is the other half.
Property tax rates are effective statewide averages; your county assessor sets the actual figure and it varies widely within a state. See our methodology.