North Carolina Mortgage Calculator
This planning example uses a $333,000 home value—the 2024 ACS median for owner-occupied homes in North Carolina—with 20% down and a 30-year fixed mortgage. The rate is the Freddie Mac national weekly average as of July 9, 2026; it is not a North Carolina rate, a personal quote or an offer to lend. Customize the inputs with a property-specific tax bill, insurance quote and lender rate.
State planning scenario
$333,000
$1,987
| Down payment (20%) | $66,600 |
|---|---|
| Mortgage principal | $266,400 |
| 30-year fixed rate | 6.49% |
| Principal & interest | $1,682.08/month |
| Property tax | $170.33/month |
| Homeowners insurance | $135.08/month |
| PMI | $0.00/month |
| HOA dues | $0.00/month |
| Estimated total | $1,987.49/month |
PMI is $0 in this example because the starting loan-to-value ratio is 80%. Change the down payment in the calculator to model a higher LTV. HOA dues default to $0 because there is no reliable statewide amount.
What is localized for North Carolina?
| Median owner-occupied home value | $333,000 (ACS 2024) |
|---|---|
| Property-tax planning proxy | 0.61% (ACS 2024) |
| Annual HO-3 insurance average | $1,621 (NAIC 2022) |
The tax percentage is median annual real-estate taxes paid divided by median home value. It is a ratio of statewide medians—not a statutory rate or a parcel-level effective rate. The insurance figure is a historical statewide average across policies and coverage amounts, not a current quote. Flood, earthquake, wind or other separate coverage may not be included.
Homebuyer resources in North Carolina
North Carolina Housing Finance Agency is the state's housing finance agency. Programs, funding, income limits, purchase-price limits and eligibility can change; verify details directly with the agency before relying on them.
2026 county loan limits
In most of the United States, the 2026 one-unit conforming baseline is $832,750, with a general high-cost ceiling of $1,249,125. The general one-unit FHA floor is $541,287 and the general ceiling is $1,249,125. County limits vary, and higher special statutory limits apply in Alaska and Hawaii. Check the property county in the FHFA conforming-limit files and HUD's FHA limit lookup.
Sources and limitations
- U.S. Census Bureau ACS, median home value
- U.S. Census Bureau ACS, real-estate taxes paid
- NAIC homeowners insurance report
- NCSHA state housing finance agency directory
Review our calculator methodology and test examples and source definitions and formula changelog. Replace every default with a property tax bill, insurance quote and lender Loan Estimate before making a decision.
