Estimate your monthly payment in Texas. Uses 2026 average home prices ($310,000), 1.6% property tax, and programs for Houston, San Antonio, and Dallas.
The average home price in Texas is approximately $310,000 in 2026. With a standard 20% down payment of $62,000, your estimated monthly principal and interest on a 30-year loan at 6.8% would be around $1,617. Adding Texas's 1.6% property tax and homeowner's insurance brings your total estimated monthly PITI to roughly $2,159.
Key markets include Houston, San Antonio, and Dallas, each with varying price points. A 15-year loan at 6.3% would run approximately $2,133/month in P&I — higher payments but roughly half the lifetime interest cost. Adjust the sliders above to see how rate and term changes affect your payment instantly.
Texas offers the My First Texas Home Program for qualifying buyers. These programs typically provide down payment assistance, below-market interest rates, or both. Contact your state housing finance agency to check current income and purchase-price limits.
2026 Rate Tip: 30-year fixed rates average 6.5–7.5% in 2026. Even 0.25% lower saves roughly $18,600 over the loan's life. Get quotes from at least 3–5 lenders.
The average home price in Texas is approximately $310,000 in 2026. Houston and San Antonio tend to have higher prices than rural areas of the state.
Texas's effective property tax rate is approximately 1.6%, which equals about $4,960/year or $413/month on a $310,000 home.
My First Texas Home Program is available to qualifying buyers in Texas and offers down payment assistance and/or below-market rates. Contact your state housing finance agency for details.