Dallas mortgage calculator
Like the rest of Texas, Dallas has no state income tax but relatively high property-tax rates, so property tax is a large line in the monthly payment despite moderate home prices.
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Dallas mortgage inputs
Enter your gross monthly income above to see an affordability read (based on the standard 28% front-end DTI guideline).
Loan amount: $320,000
Starts from Texas's 1.4% average effective property-tax rate. Your rate in Dallas County may differ — edit any field for your exact numbers.
Buying a home in Dallas
The no-income-tax trade-off means more of your housing cost comes through property tax here. Rates vary between the counties and municipalities that make up the wider Dallas–Fort Worth area, so your exact figure depends on where in the metro you buy. A homestead exemption on your primary residence can reduce the taxable value.
As a worked example, a $400,000 home with 20% down and a 6.55% 30-year fixed rate works out to about $2,033 a month in principal and interest, plus roughly $467 for property tax at Texas's 1.4% average — a core cost near $2,500 before insurance and any HOA. Enter Dallas prices you're actually seeing to get your real figure.
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Frequently asked questions
How much is a monthly mortgage payment in Dallas?
It depends on the home price, your rate, and your down payment. As an example, a $400,000 home with 20% down at 6.55% over 30 years is about $2,033 in principal and interest, plus roughly $467 a month for Texas's 1.4% average property tax — before insurance and any HOA or maintenance charges.
Does this calculator include Dallas property taxes?
Yes — it starts from Texas's statewide average effective property-tax rate of 1.4%. Local rates in Dallas County can differ, so check your county assessor and adjust the property-tax field for your exact number.
Does the calculator store my information?
No. Everything is calculated in your browser — no account, no email, no lead form, nothing saved or sent to a server.