Florida Mortgage Calculator (2026)

Rates as of Oct 22 2026 · county tax data: ACS 2020–2024, released 2026-01-29

Statewide avg. effective tax rate

0.76%

Median home value

$463,000

Home insurance (est.)

$4,200/yr

Estimated PITI at the Florida median home price of $463,000, 20% down, 30-year fixed at 7.32%: $3,290/mo. The tax line uses Miami-Dade County's effective rate of 0.81% and insurance of $5,200/yr — the calculator's default county. Buyer's transfer tax: usually paid by seller (0.7% doc stamp).

Payment calculator

Loan type

Home price

Down payment

$92,600 cash

Interest rate

30-yr fixed base 7.32% · credit adj +0.00% → 7.32% · PMMS Oct 22 2026

Loan term

Credit score

Countysets local tax & insurance

Picking a county updates the local property tax rate and insurance estimate — your home price stays as entered.

Advanced — HOA & extra payments

HOA fees (monthly)

Extra payment (monthly)

Estimated monthly payment

$3,290.25/mo

Principal & interest$2,544.39

Property tax$312.53

Home insurance$433.33

Covers principal & interest, property tax, insurance and mortgage insurance (when it applies). HOA counts only if entered above — left blank it is $0.

Loan amount$370,400

Down payment$92,600

LTV80%

Total interest$545,581

Payoff date…

Cash to close (estimate)

Down payment$92,600

Closing costs (2%–5%)$9,260 – $23,150

Est. cash needed$101,860 – $115,750

Transfer tax: 0.7% doc stampusually paid by seller

Florida puts the transfer tax on the seller, so it isn't part of your cash to close.

Using Miami-Dade County effective rate 0.81% · insurance $5,200/yr

Amortization

Year 12Hover or drag to read any year

Principal paid

$65,428

Interest paid

$300,964

Still owed

$304,972

$600k$450k$300k$150k$0

08152330

All three lines are running totals since the loan started — not a breakdown of the monthly payment.

What local costs matter in Florida?

Property tax is moderate (~0.78%), but hurricane insurance is the priciest in the U.S.

No state income tax — a magnet for retirees and remote workers

Documentary stamp tax ~0.7% of the price (state transfer tax)

Coastal flood zones require separate flood insurance

All 67 Florida counties — property tax rates

County

Effective tax rate

Property tax /mo

Insurance (est.)

Miami-Dade County

0.81%

$$313

$5,200/yr

Broward County

0.94%

$$363

$4,900/yr

Palm Beach County

0.86%

$$332

$4,700/yr

Orange County (Orlando)

0.76%

$$293

$3,900/yr

Hillsborough County (Tampa)

0.81%

$$313

$4,000/yr

Alachua County

0.96%

$$370

$4,200/yr

Baker County

0.64%

$$247

$4,200/yr

Bay County

0.58%

$$224

$4,200/yr

Bradford County

0.55%

$$212

$4,200/yr

Brevard County

0.68%

$$262

$4,200/yr

Calhoun County

0.51%

$$197

$4,200/yr

Charlotte County

0.85%

$$328

$4,200/yr

Show all 67 counties

County	Effective tax rate	Property tax /mo	Insurance (est.)
Citrus County	0.58%	$$224	$4,200/yr
Clay County	0.72%	$$278	$4,200/yr
Collier County	0.63%	$$243	$4,200/yr
Columbia County	0.74%	$$286	$4,200/yr
DeSoto County	0.83%	$$320	$4,200/yr
Dixie County	0.62%	$$239	$4,200/yr
Duval County	0.75%	$$289	$4,200/yr
Escambia County	0.58%	$$224	$4,200/yr
Flagler County	0.76%	$$293	$4,200/yr
Franklin County	0.63%	$$243	$4,200/yr
Gadsden County	0.53%	$$204	$4,200/yr
Gilchrist County	0.65%	$$251	$4,200/yr
Glades County	0.85%	$$328	$4,200/yr
Gulf County	0.63%	$$243	$4,200/yr
Hamilton County	0.73%	$$282	$4,200/yr
Hardee County	0.82%	$$316	$4,200/yr
Hendry County	0.8%	$$309	$4,200/yr
Hernando County	0.67%	$$259	$4,200/yr
Highlands County	0.72%	$$278	$4,200/yr
Holmes County	0.54%	$$208	$4,200/yr
Indian River County	0.69%	$$266	$4,200/yr
Jackson County	0.5%	$$193	$4,200/yr
Jefferson County	0.62%	$$239	$4,200/yr
Lafayette County	0.55%	$$212	$4,200/yr
Lake County	0.76%	$$293	$4,200/yr
Lee County	0.79%	$$305	$4,200/yr
Leon County	0.79%	$$305	$4,200/yr
Levy County	0.63%	$$243	$4,200/yr
Liberty County	0.9%	$$347	$4,200/yr
Madison County	0.83%	$$320	$4,200/yr
Manatee County	0.78%	$$301	$4,200/yr
Marion County	0.74%	$$286	$4,200/yr
Martin County	0.77%	$$297	$4,200/yr
Monroe County	0.53%	$$204	$4,200/yr
Nassau County	0.71%	$$274	$4,200/yr
Okaloosa County	0.57%	$$220	$4,200/yr
Okeechobee County	0.74%	$$286	$4,200/yr
Osceola County	0.76%	$$293	$4,200/yr
Pasco County	0.73%	$$282	$4,200/yr
Pinellas County	0.7%	$$270	$4,200/yr
Polk County	0.73%	$$282	$4,200/yr
Putnam County	0.78%	$$301	$4,200/yr
Santa Rosa County	0.57%	$$220	$4,200/yr
Sarasota County	0.75%	$$289	$4,200/yr
Seminole County	0.67%	$$259	$4,200/yr
St. Johns County	0.76%	$$293	$4,200/yr
St. Lucie County	0.93%	$$359	$4,200/yr
Sumter County	0.78%	$$301	$4,200/yr
Suwannee County	0.71%	$$274	$4,200/yr
Taylor County	0.65%	$$251	$4,200/yr
Union County	0.58%	$$224	$4,200/yr
Volusia County	0.77%	$$297	$4,200/yr
Wakulla County	0.64%	$$247	$4,200/yr
Walton County	0.45%	$$174	$4,200/yr
Washington County	0.46%	$$177	$4,200/yr

Florida state average

0.76%

$$293

$4,200/yr

Monthly tax is estimated on a $463,000 home — the price in the calculator above. Effective rates — U.S. Census Bureau, ACS 2024 (5-yr).

† Rates marked with ≥ are conservative estimates. ACS suppresses median tax values above $10,001 for privacy, which makes the calculated rate a lower bound — the true rate is higher in Manhattan, parts of Long Island, northern New Jersey and other high-cost areas.

How Florida compares

Florida's statewide average effective rate is 0.76% — the 28th highest of the 51 covered here (the 50 states and DC), against a median of 0.8%. On the $463,000 home the calculator starts with, that is about $293 a month in property tax before any other cost. Property taxes by state ranks all 51 with median bills attached.

A state average hides the part that changes the bill. The county rows above run from 0.45% in Walton County to 0.96% in Alachua County — roughly $197 a month apart on the same $463,000 home. That is why the county picker moves the payment more than the state picker does.

Insurance is the other line that follows the address: this page prices $4,200 a year as a state-level estimate, and home insurance by state covers how premiums are set and where they run highest. Below 20% down, PMI adds a third variable until the balance is back to 80% of the value.

The states nearest Florida in the ranking are Georgia (0.77%) and Kentucky (0.75%).

Florida mortgage FAQ

How much down payment do I need to buy a house in Florida?

Conventional loans start at 3% down, but anything under 20% requires PMI until you reach 20% equity — PMI auto-cancels at 78% of the original home value under the Homeowners Protection Act. FHA loans start at 3.5% down, and VA / USDA loans offer 0% down for eligible borrowers. Those are the national minimums: a lender can set a higher floor for this state or for a given loan size.

Why do property taxes vary so much within Florida?

Property taxes are layered by county, city and school district, so the effective rate differs block by block. The Florida state average is about 0.76%, but counties in our table above range widely — always confirm the exact bill with the local County Assessor.

When does PMI go away?

Under the Homeowners Protection Act (1998) you can request PMI removal at 80% LTV, and lenders must automatically cancel it when the balance reaches 78% of the original home value. This calculator estimates that month for you and shows the lower payment after PMI drops.

Does this calculator include home insurance for Florida?

Yes. The calculator pre-fills a typical Florida premium of about $4,200 per year and updates it when you switch counties. Hurricanes dominate the market: coastal policies carry percentage hurricane deductibles, flood is never in the standard policy (NFIP or private flood is separate), and insurer exits have pushed premiums to among the highest in the country. Get real quotes before budgeting.

More free mortgage tools

affordability calculator — how much house can I afford →refinance calculator — break-even & savings →closing cost calculator — cash to close by state →

Sources

Freddie MacU.S. Census BureauFannie MaeU.S. Department of Housing and Urban Development (HUD)U.S. Department of Veterans AffairsPrivate mortgage insurersNAICState statutes and departments of revenue

Results are estimates for planning only and are not a loan approval. Property tax rates and insurance premiums vary by county, ZIP code, home age and coverage — confirm with the local County Assessor and insurer quotes. Rate default: Freddie Mac PMMS 30-yr fixed (7.32%, Oct 22 2026); the 20-yr default is an estimate derived from the PMMS 30-yr/15-yr spread (PMMS has no 20-yr series). Conventional credit pricing adds Fannie Mae loan-level price adjustments (effective 2026-10-01) on top of that base, anchored at the 740–759 tier, and PMI comes off a credit × LTV rate card — both are central estimates, not quotes. Loan minimums shown here are the national programs' floor; a lender may set a higher down payment, rate or fee for this state or this loan.