Nevada Mortgage Calculator (2026)
Calculate your monthly payment with Nevada-specific property tax (0.60%) and average insurance ($1,100/yr).
Monthly payment
Payment breakdown
Loan summary
Amortization schedule (first 12 + every 12 months)
| Month | Principal | Interest | PMI/MIP | Balance |
|---|---|---|---|---|
| 1 | $330.50 | $2,352.00 | $168.00 | $402,870 |
| 2 | $332.43 | $2,350.07 | $168.00 | $402,537 |
| 3 | $334.37 | $2,348.13 | $168.00 | $402,203 |
| 4 | $336.32 | $2,346.18 | $168.00 | $401,866 |
| 5 | $338.28 | $2,344.22 | $168.00 | $401,528 |
| 6 | $340.25 | $2,342.25 | $168.00 | $401,188 |
| 7 | $342.24 | $2,340.26 | $168.00 | $400,846 |
| 8 | $344.23 | $2,338.27 | $168.00 | $400,501 |
| 9 | $346.24 | $2,336.26 | $168.00 | $400,155 |
| 10 | $348.26 | $2,334.24 | $168.00 | $399,807 |
| 11 | $350.29 | $2,332.21 | $168.00 | $399,457 |
| 12 | $352.34 | $2,330.16 | $168.00 | $399,104 |
| 24 | $377.81 | $2,304.69 | $168.00 | $394,712 |
| 36 | $405.12 | $2,277.38 | $168.00 | $390,003 |
| 48 | $434.40 | $2,248.10 | $168.00 | $384,953 |
| 60 | $465.81 | $2,216.69 | $168.00 | $379,539 |
| 72 | $499.48 | $2,183.02 | $168.00 | $373,732 |
| 84 | $535.59 | $2,146.91 | $168.00 | $367,506 |
| 96 | $574.31 | $2,108.19 | $168.00 | $360,830 |
| 108 | $615.82 | $2,066.68 | $168.00 | $353,672 |
| 120 | $660.34 | $2,022.16 | — | $345,996 |
| 132 | $708.08 | $1,974.42 | — | $337,764 |
| 144 | $759.26 | $1,923.24 | — | $328,938 |
| 156 | $814.15 | $1,868.35 | — | $319,474 |
| 168 | $873.01 | $1,809.49 | — | $309,326 |
| 180 | $936.12 | $1,746.38 | — | $298,444 |
| 192 | $1,003.79 | $1,678.71 | — | $286,776 |
| 204 | $1,076.35 | $1,606.15 | — | $274,263 |
| 216 | $1,154.16 | $1,528.34 | — | $260,847 |
| 228 | $1,237.59 | $1,444.90 | — | $246,460 |
| 240 | $1,327.06 | $1,355.44 | — | $231,034 |
| 252 | $1,422.99 | $1,259.51 | — | $214,492 |
| 264 | $1,525.86 | $1,156.64 | — | $196,755 |
| 276 | $1,636.17 | $1,046.33 | — | $177,735 |
| 288 | $1,754.45 | $928.05 | — | $157,341 |
| 300 | $1,881.27 | $801.22 | — | $135,472 |
| 312 | $2,017.27 | $665.23 | — | $112,022 |
| 324 | $2,163.10 | $519.40 | — | $86,877 |
| 336 | $2,319.47 | $363.03 | — | $59,914 |
| 348 | $2,487.15 | $195.35 | — | $31,002 |
| 360 | $2,666.94 | $15.56 | — | $0 |
What the payment actually costs
The carrying cost that lenders leave out of the headline number: at 0.60% effective, Nevada sits 43rd of 51 states and adds around $200 a month to a $400,000 home, or $2,400 a year.
Homeowners insurance runs about $1,100 a year in Nevada, 44th of 51 states and below the $1,552 national average. Together, tax and insurance add roughly $292 a month to the payment before you have paid a dollar of principal.
How this fits the rest of your tax bill
Nevada charges no income tax, and property tax is where that revenue is recovered. At 0.60% the rate ranks 43rd of 51. For a renter the no-income-tax advantage is close to pure gain; for an owner of a $400,000 home it is offset by roughly $2,400 a year. Run both sides before assuming the state is cheap.
Housing costs compound with the rate. Nevada runs about 2% above national-average costs, so the same 0.60% 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.