Mount Vernon, NY FHA Loan Calculator

Pre-loaded with Mount Vernon's illustrative property tax assumption (0.88%) and median home price ($480,000). Get a personalized rate quote in 2 minutes — free.

MOUNT VERNON, NY
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Your payment$2,904/month
Principal & interest
$2,427.14
Property tax
$352.00
Homeowners insurance
$125.00
Loan amount$384,000
See your real rate for this payment

Your estimate: $2,904/month on a $480,000 home with $96,000 down. Request a free quote in about 2 minutes.

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Mount Vernon market snapshot

Median Home Price
$480,000
Property Tax Rate
0.88%
Avg Monthly Payment
$2,904
Typical Down Payment
$96,000

FHA Loans in Mount Vernon

The median home price in Mount Vernon is $480,000, with an average property tax rate of 0.88% in Mount Vernon area. A typical 30-year fixed fha loan on a median-priced home in Mount Vernon with 20% down would result in an estimated monthly payment of $2,904, including principal, interest, and property taxes.

FHA loans are government-insured mortgages designed for first-time and lower-credit buyers. They require as little as 3.5% down and accept credit scores starting at 580.

Use the calculator above with Mount Vernon's illustrative defaults to model your own scenario, then tap Get My Free Rate Quote to compare offers from licensed lenders serving New York.

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