Connecticut Mortgage Calculator

Estimate your monthly payment in Connecticut — including property tax (2.15% effective rate), home insurance, and PMI. Pre-filled with Connecticut averages for 2026.

$
%

= $80,000 down

%
years
Estimated payment
Total monthly payment
$2,921
Principal & interest
$2,076
Property tax (2.15%)
$717
Home insurance
$129
Loan amount
$320,000
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Mortgage costs in Connecticut

Median home price
$400,000
Effective property tax
2.15%
Typical home insurance
$1,550/yr

The average Connecticut homeowner pays roughly $717/month in property tax on a median-priced home, plus about $129/month in home insurance. Property tax is billed by your county — actual rates vary from the state average, so check your county assessor's site for exact figures.

How much house can I afford in Connecticut?

A common rule is to keep total housing costs (PITI) under 28% of gross monthly income. At current rates, buying the median Connecticut home ($400,000) with 20% down requires roughly $125,201 in annual income.

Other calculators for Connecticut homebuyers

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