Kentucky Mortgage Calculator (2026)
Calculate your monthly payment with Kentucky-specific property tax (0.86%) and average insurance ($1,500/yr).
Monthly payment
Payment breakdown
Loan summary
Amortization schedule (first 12 + every 12 months)
| Month | Principal | Interest | PMI/MIP | Balance |
|---|---|---|---|---|
| 1 | $173.36 | $1,233.75 | $88.13 | $211,327 |
| 2 | $174.38 | $1,232.74 | $88.13 | $211,152 |
| 3 | $175.39 | $1,231.72 | $88.13 | $210,977 |
| 4 | $176.42 | $1,230.70 | $88.13 | $210,800 |
| 5 | $177.45 | $1,229.67 | $88.13 | $210,623 |
| 6 | $178.48 | $1,228.63 | $88.13 | $210,445 |
| 7 | $179.52 | $1,227.59 | $88.13 | $210,265 |
| 8 | $180.57 | $1,226.55 | $88.13 | $210,084 |
| 9 | $181.62 | $1,225.49 | $88.13 | $209,903 |
| 10 | $182.68 | $1,224.43 | $88.13 | $209,720 |
| 11 | $183.75 | $1,223.37 | $88.13 | $209,536 |
| 12 | $184.82 | $1,222.30 | $88.13 | $209,352 |
| 24 | $198.18 | $1,208.93 | $88.13 | $207,048 |
| 36 | $212.51 | $1,194.61 | $88.13 | $204,578 |
| 48 | $227.87 | $1,179.25 | $88.13 | $201,929 |
| 60 | $244.34 | $1,162.77 | $88.13 | $199,088 |
| 72 | $262.00 | $1,145.11 | $88.13 | $196,043 |
| 84 | $280.94 | $1,126.17 | $88.13 | $192,777 |
| 96 | $301.25 | $1,105.86 | $88.13 | $189,275 |
| 108 | $323.03 | $1,084.08 | $88.13 | $185,520 |
| 120 | $346.38 | $1,060.73 | — | $181,493 |
| 132 | $371.42 | $1,035.69 | — | $177,176 |
| 144 | $398.27 | $1,008.84 | — | $172,546 |
| 156 | $427.07 | $980.05 | — | $167,581 |
| 168 | $457.94 | $949.18 | — | $162,258 |
| 180 | $491.04 | $916.07 | — | $156,550 |
| 192 | $526.54 | $880.57 | — | $150,429 |
| 204 | $564.60 | $842.51 | — | $143,866 |
| 216 | $605.42 | $801.70 | — | $136,828 |
| 228 | $649.18 | $757.93 | — | $129,282 |
| 240 | $696.11 | $711.00 | — | $121,190 |
| 252 | $746.44 | $660.68 | — | $112,513 |
| 264 | $800.40 | $606.72 | — | $103,208 |
| 276 | $858.26 | $548.86 | — | $93,232 |
| 288 | $920.30 | $486.81 | — | $82,534 |
| 300 | $986.83 | $420.29 | — | $71,062 |
| 312 | $1,058.17 | $348.95 | — | $58,761 |
| 324 | $1,134.66 | $272.45 | — | $45,571 |
| 336 | $1,216.69 | $190.43 | — | $31,428 |
| 348 | $1,304.64 | $102.47 | — | $16,262 |
| 360 | $1,398.95 | $8.16 | — | $0 |
What the payment actually costs
Expect roughly $3,440 a year in property tax on a $400,000 home here. Kentucky's effective rate of 0.86% ranks 29th of 51, compared with about 1.10% nationally — $287 a month that never appears in a quoted mortgage payment.
Homeowners insurance runs about $1,500 a year in Kentucky, 21st of 51 states and below the $1,552 national average. Together, tax and insurance add roughly $412 a month to the payment before you have paid a dollar of principal.
How this fits the rest of your tax bill
Kentucky taxes both income and property, so neither side offsets the other. Property tax at 0.86% ranks 29th 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. Kentucky runs about 12% below national-average costs, so the same 0.86% rate applies to a smaller 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.